Jon Higgins ABR

410 homes on the market in Springboro. and 28 pending. Out of the 410 homes for sale 231 of them are in the price ranges of $200,000.00 to $400,000.00! That's over half the market! That's where you'll also find the highest concentration of days on market! These numbers are from June 1, 2008 to June 19, 2008. At those numbers that is an 11 month absorption rate. Be sure to scroll down for additional Springboro market information under market updates.

These numbers are from June 1st to June 19th and are for all of Springboro. Note how long it has been taking the higher priced homes in Springboro to sell. Homes in the $100,000.00 are selling like hot cakes! These numbers only represent sold properties - I did not include current or pending listings and they are a running tally of the month of June in 2008. Another worthy thing to note here is that of the homes that sold in the $200,000.00 price range their average days on market was 95. Not too bad. Still the highest back up in real estate in Springboro is anything in and around the $300,000.00 price ranges as there are still close to 40 homes competing in that price range alone. Get this - there are currently 45 homes for sale in Springboro in the $300,000.00 to $350,000.00 price range so when you factor in absorption rates it will likely take longer to sell homes within' that price range - that is unless... you hire a professional backed by the number one Real Estate brokerage in the Dayton area as well as Springboro. You guessed it - myself and Coldwell Banker Heritage Realtors! I understand the importance of pricing vs. timing as well as proper staging - not just moving furniture around the house. When done correctly just about any house can move within' a relatively short time and usually well below the time parameters of your competition. I have the stats to prove it - so if you're looking to sell in Springboro OR if you're currently marketing plan isn't working for you give me a call, and together we will get it done.

Miamisburg has seen some changes in the market this year. Here are the long anticipated numbers for May 28, 2008. Breaking it down it looks like this.

In contrast those same numbers this time last year in 2007 are as follows.

The number of total homes sold in Miamisburg went from 121 this time last year to 65 this year. With an average price range of $149,098.00 in 2007 and a total volume of $18,040,911.00, the 2008 figures thus far are down with an average home price at $144,724.00 and a volume this year virtually cut in half at $9,407,046.00! The amount of days on market has gone up on average an extra four days. The biggest price brackets hit have been in the price range of $100,000.00 to $250,000.00, in terms of number of homes sold this year compared to last year.

You're asking yourself - "Jon, is there any good news in all of this?" My answer is yes. For the past 30 years election years have been good to real estate for whatever reason, I'll let you decide as there are as many opinions to that as there are minutes in the day. The point is the NAR has predicted that here in the good 'ol midwest we're going to see a sustained spike in sales throughout the summer months, and from what I can tell by being here at Coldwell Banker Heritage Realtors - (what I like to call "the pulse" of real estate in the Dayton market) more people are actually preparing for the move once the kids get out of school, and buyers and sellers I've been talking to in the field and at open houses have all supported that interpretation from the NAR.

Know what else does this means? Now more than ever it's extremely important to align yourself with the best brokerage you can and to price your home competitively and show your home in its best possible light. You need to have a world class marketing plan and who better than your 2007 Ohio Association Presidents Club Award winning recipient than Jon Higgins ABR - who by the way has hung his proverbial shingle on the brokerage house that has been number one in Dayton for over 30 years and who sells one in every seven homes in the Dayton area!

Hey - guess what? Now you're up to date in Miamisburg! Please call me if you have any questions regarding Real Estate or visit me on the web at www.jonhigginsrealestate.com for great buyer and seller FAQ's. Be informed! Be empowered! Be well represented! Go and get a great deal! Luck of the Irish to you all!

Dominate. I like that word, especially when it comes to out selling your competitors. We dominate Springboro. We - being Coldwell Banker Heritage Realtors. According to the Dayton Area Board of Realtors so far, this year, Coldwell Banker Heritage Realtorshas sold a total volume of over $20,000,000.00 in Real Estate in Springboro with a whopping 81 listings SOLD! Irongate Realtors sold $12,739,400.00 with 50 listings sold. Sibcy Cline is coming in third at this time with $5,430,050.00.

Now you do the math. If you ad up the second and third place Real Estate companies in Springbororight now do they even add up to the numbers Coldwell Banker Heritage Realtors is cranking out? Bottom line is we're out selling Irongate in this market by around $8,000,000.00 and Sibcy Cline by around $14,000,000.00. For a copy of these Dayton Area Board Stats please drop me an e-mail and I would be glad to send them your way. Think about it - if you were going to market one of your largest if not thee largest investment you own, and were paying the same commission to anyone who were to market that property for you - why wouldn't you pay the very best to do it?

When a Realtor lists your house you're not only getting that individual you're getting his or her entire team. We have a team philosophy at Coldwell Banker Heritage that equates success in numbers. In Real Estate it's important to go with strong name recognition and with a Realtor who has strong local ties to the community. As a 2007 Ohio Association of Realtors Presidents Club Award winning recipient who pays close attention to detail and who is backed by a marketing machine that puts out numbers like these, you can feel very confident in me as your next Real Estate Agent making clients for life, but also as an Accredited Buyers Representative through REBAC that I understand both sides of the transaction. You never get my assistant. You get me on every call.

Well it's time for another update. The market is down from this time last year. Yes - here in Springboro the market is down overall from this time last year. Here's the how and why of it by the numbers. So far in 2008, $37,545,327.00 in Real Estate has changed hands in Springboro with a whopping number of 141 sold. The average list price (keeping in mind what I've discussed in past blogs about average LP to SP ratios) was $277,579.00 with an average sale price of $266,279.00. The average home size of what's been selling is 2500 square feet and it has taken on average 145 days to sell your home under the current market conditions. All of these numbers are up from this time last year.

The break down of numbers this time last year is as follows. $48,630,034.00 has sold with 182 homes selling as opposed to 141. The average list price remains almost the same at $276,830.00. However, an average selling price of $267,198.00 home size was less at 2300 square which can give you the appearance that the price per square foot has actually gone up while the number of homes selling are less. The average a home was on the market this time last year was 137 days thus taking longer to sell this year being at its current 145 days. Bottom line here in Springboro is this - you're up to date.