About Defiance County, OH

See What's Happening with Defiance Area Real Estate

Maybe you've heard the doom and gloom the national media has been spouting lately about the real estate market and how poorly it is doing. It's true that the market has taken some hits lately, but our local market has not shouldered the burden near as much as other national markets have. To make a point, I decided to take a look back at the past two years of sales in the Defiance market and see what kind of changes we have had.

According to the local multiple listing service, in 2006 there were 365 properties sold in the Defiance market or an average of one per day. Those properties sold for an average price of $119,329 and spent an average of 118 days on the market.

In 2007 the market dipped slightly as 329 properties were sold, or an average of 27.42 per month, for an average price of $113,412 and spent an average of 119 days on the market. So far the first two months of 2008 there have been 36 properties sold for an average price of $108,189 with an average days on the market of 118. See the chart below to see the changes.

It's interesting to note that we have had a slight dip in the real estate activity since 2006, but the margin of change has been minimal in our area. It has not been near the same type of dip that many parts of our country are facing. What this means for the people in our area, is that with the still low interest rates and the adjusting average home prices, that there are some great deals available for someone wanting to purchase a home in our area. It also means that home sellers who are willing to look at price their home appropriately to it's value are still getting their homes sold in a reasonable amount of time.

So, if you have been thinking of buying or selling a home this spring in the Defiance area but, have been concerned about all the negative reports coming across the news lately, be rest assured that homes in our area are still being bought and sold everyday.

(Statistics derived from MLS areas Defiance, Defiance Township, Ayersville Area and NE Defiance County)

Scott Williams is a Licensed Realtor® with Butler Mohr GMAC Real Estate and can be contacted at Scott@butlermohr.com or through his website: http://www.defianceareahomes.com/

If you've been in Real Estate for some time, maybe this is not so tough for you, but I placed my personal residence up for sale yesterday. I've been involved in real estate now for about 8 years only 1 as an agent.

I've sold numerous homes as an invester over the years and many over the past year as an agent, but I've found it extremly difficult to determine the value of my personal home.

I'm rediscovering what it's like to be emotionally attached to a home like our sellers are. It's often easy to forget the way that a seller feels when they are trying to sell their home and I'm being reminded of it now.

Many of the struggles that we face as real estate agents when we are dealing with seller's are the direct result of these emotions. We personally moved into this house when my son was only about 1 year old and it's the only home that he has known for the past 7 years.

I find this reminder extremely valuable as I will attempt to do better in relating to my sellers and their needs. Maybe, when we begin in this industry it should be a requirement to sell your current home and move. That would definitely keep it fresh.

Scott

I'm very proud to be part of the Butler Mohr GMAC Real Estate Team, as once again we are raising funds for our favorite charity, Relay for Life.

This past weekend the group, headed by our gracious leader Karol Yeager, held a Texas Hold 'em tournament to raise money for this year's event.

It was such a great turnout and everyone worked so hard. Unfortuneately, I had previous commitments that prevented me from helping out, but the team raised over $1700!

We still have time before the relay event and I'm hoping that I can be more involved in the next fundraiser as I walk for a friend of mine who has a brain tumor. I'm thankful that the cancer is in remission for her and I'm thankful that the funds that I will help raise will potentially help others who are facing these kind of battles.

If you are looking for a great charity to tie into, then the RELAY FOR LIFE event would be a great place to invest yourself.

You can donate online to my efforts this year by CLICKING HERE!

Thanks in Advance

• Did you know that there are 201 single family properties currently listed on my MLS in Defiance that are for sale?

• Did you know that of the 201 single family properties for sale that 16 are priced under $50,000?

• Do you know what kind of great deals that are now available for investing in for area real estate investors?

There are just too many for me to buy. I need some people wanting to find some bargains to contact me!

Click Here to see the area listings.

As of tonight, there are currently 233 homes for sale in the Defiance area. There are 10 properties that are contingent upon things such as financing, inspections, appraisals or sale of property.

8 houses are pending for sale and finally there were 14 homes sold in the last month.

The average list price of homes for sale is $133,093, Average Days on Market:148

The average list price of homes contingent is $136,700, Average Days on Market: 112

The average list price of homes sold was $116,130, Average sale price: $111,718, Average Days on Market: 102

Hope this informs you. If you want more specific information contact me!