April 2008 Springboro Market

May 5th, 2008

In April there were 81 new houses listed in the Springboro Clearcreek Township area and 36 homes closed and sold. Inventory is increasing again, but this is what you would expect this time of year.

The Avg. sale price was 281,710 for April.

The % of sale to list price was 94.32%

Prices ranged for $70,000 to $1,275,000.00

Buyers are still slow to move to the market. Again we are at record setting low prices and interest rates. With inflationary pressures pushing the economy I suspect interest rates will go up. Buyers must consider purchasing soon if they wish to benefit from the lower rates. If you have questions about the Springboro Market give me a call Julie Beall

937-546-0222