Stow Ohio Real Estate Market Update for January 2012
Real Estate Activity for Stow Ohio for the month of January 2012 are as follows:
- New Listings - 24 - Avg. Price - $157,000
- New Sales Contracts - 19 - Avg. Price - $173,700 - Avg. Days on Market - 87
- New Closed Sales - 10 - Avg. Price - $145,400 - Avg. Days on Market - 97
Total active listings now on the market in Stow, Ohio - 116 - Avg. Price $187,000 Avg. Days on Market - 195.
Note: Based on the rate of sales in 2011 the 116 current listings on the market represent a 5 month supply of inventory. That is low by comparison to each of the past 3 years.
This is considered a balanced market.
If you are considering buying or selling in Stow, call me. I can help.
Tony Morganti, CRS, ABR