About Defiance County, OH

Here's a breakdown of activity for Defiance Ohio 43512

Want more info? Contact me.

Scott Williams
Realty Five of Defiance
Scott@realtyfive.com
www.realtyfive.com

Here are the numbers whether you like them or not.

There are currently 209 active lisings in market areas 61,62,63,64 (Defiance 43512) The average listing price is $118,311, Median Price $94,900 with an average Days on the market of 156.

Currently there are 12 homes that are classified "contingent" one however has been contingent for what seems forever. It's days on market are over 900. it's a build that hasn't happened yet. If we remove that one from the market stats the low price is $39,900 high is $164,900 with an average of $101,018

There are 6 homes classified as "pending" there prices are $10,400, $18,000, $19,900, $39,900, $58,000 and $112,500.

Finally there was one house sold this past week. It was a 2 bedroom 964 sqft. home that sold for $18,000 and was on the market for 151 days.

Want a further breakdown? Want other weeks?

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Scott

Scott@realtyfive.com

www.realtyfive.com

I thought that I'd take a moment this morning to check out the market for Defiance, Ohio for the past five years and see where we are at today in comparison to 2005. Below is a quick breakdown of what I found.

Houses sold

2005: 337
2006: 365
2007: 329
2008: 236
2009: 239

Houses sold in December 2008: 16

Houses sold in December 2009: 19

Active List and Sold Price 2005

Area 61 of Defiance: Listed: $98617 Sold: $95,602

Area 62 of Defiance: Listed: $153,782 Sold: $172,700

Area 63 of Defiance: Listed: $111,818 Sold: $110,699

Area 64 of Defiance: Listed: $153,218 Sold: $159,960

Active List and Sold Price 2009

Area 61 of Defiance: Listed: $93,779 Sold: 86,122

Area 62 of Defiance: Listed: $114,968 Sold: $111,536

Area 63 of Defiance: Listed: $98,765 Sold: $93,985

Area 64 of Defiance: Listed: $167,830 Sold: $157,443

As you can see there has been a significant decline in home sales and prices over the past 5 years. Area 64 which is known as the Tinora School District area is the only area that has tended to hold it's sale value.

We have seen a slight, though very slight increase in sales from 2008 to 2009 and December 2009 had three more sales than December 2008. Hopefully this is the beginning of a new trend in our market area.

These stats are Single Family Residences that also include Condos and Mobil homes.

Hope this helps you.

Scott

http://www.realtyfive.com/

"We choose to give."

I thought that I'd take a moment this morning to check out the market for Defiance, Ohio for the past five years and see where we are at today in comparison to 2005. Below is a quick breakdown of what I found.

Houses sold

2005: 337
2006: 365
2007: 329
2008: 236
2009: 239

Houses sold in December 2008: 16
Houses sold in December 2009: 19

Active List and Sold Price 2005

Area 61 of Defiance: Listed: $98617 Sold: $95,602
Area 62 of Defiance: Listed: $153,782 Sold: $172,700
Area 63 of Defiance: Listed: $111,818 Sold: $110,699
Area 64 of Defiance: Listed: $153,218 Sold: $159,960

Active List and Sold Price 2009

Area 61 of Defiance: Listed: $93,779 Sold: 86,122
Area 62 of Defiance: Listed: $114,968 Sold: $111,536
Area 63 of Defiance: Listed: $98,765 Sold: $93,985
Area 64 of Defiance: Listed: $167,830 Sold: $157,443

As you can see there has been a significant decline in home sales and prices over the past 5 years. Area 64 which is known as the Tinora School District area is the only area that has tended to hold it's sale value.

We have seen a slight, though very slight increase in sales from 2008 to 2009 and December 2009 had three more sales than December 2008. Hopefully this is the beginning of a new trend in our market area.

These stats are Single Family Residences that also include Condos and Mobil homes.

Hope this helps you.

Scott

www.realtyfive.com
"We choose to give."

I could be preaching to the choir here since this is being written on a blog, but I wanted to write a little about the importance in using the Internet as a marketing tool to get a home sold in today's real estate market.

The National Association of Realtors has laid out how people use the Internet, as well as, other means of marketing in order to find their home. Below is information taken from the NAR 2009 Statistics of Home Buyers on how people find homes they purchase.

The Home Search Process

· For more than one-third of home buyers, the first step in the home-buying

process was looking online for properties.

· Nine in ten homebuyers used the Internet to search for homes.

· Real estate agents were viewed as a very useful information source by 81

percent of buyers who used an agent while searching for a home.

· The typical homebuyer searched for 12 weeks and viewed 12 homes.

· Seventy-seven percent of buyers purchased their home through a real

estate agent or broker.