School’s Out -Time to Buy a Home!

Princeton High School

Rendering of Princeton High School

Princeton High School

Rendering of Princeton High School

Recently the Princeton School District opened the doors to show off their wonderful new high school.

And like so many new communities are doing, the district is utilizing land to build several buildings within walking distance of each other.  Easier to arrange transportation and support.  Lots of today’s buyers are looking for the same conveniences- a home or condo near shopping, schools with easy access to area roads. Since schools are starting summer recess, buyers should be hitting the open houses and checking the internet looking for deals.  And many potential buyers are looking for properties in specific school district and assume all properties within certain neighborhood are located in the same school district- but most school districts are not shaped like a perfect square of rectangle. If the school district is your primary concern make sure you and your agent search by school district and not by neighborhoods or suburb codes.

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Data pulled from the Multiple Listing Service of Greater Cincinnati shows that potential buyers have access to purchase 8203 single family homes and 1268 condos. Since the last report list prices have been a mixed bag with the median list price of single family home is up in 4 district and condos pricing has increased in 3 districts.  The median list price and # of active listings by school districts is listed below:
Real Estate by School Districts 060414

Each area, neighborhood and complex within each school district has unique pricing characteristics-make sure you look at not only the average/median list prices but also the absorption rate and the prices of recently sold properties.

Need more specific details, ready to start house hunting or market your property now-Click here to to Call: 513-300-4090,by email .