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Knox County Ohio Real Estate Information Archive

Sam Miller

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Apple Valley Home Sales Jan 2011 - Feb 28 2011

Friday, March 25, 2011
by Sam Miller

Apple Valley, OhioSam Miller of RE/MAX® Stars Realty is a force to be reckoned with in Apple Valley, Ohio.

Between January and February of 2011, Knox County Board of Realtors® reported 39 residential home sales for a total of 3.8 million dollars. Ten sales resided in pristine Apple Valley for a total of $1,245,000. Four of which residential homes were sold personally by Mr. Miller, giving him credit for 40% of the Apple Valley Market.

This is a statistical feet usually won by real estate companies. Individual real estate agents rarely have so much success.  Sam Miller is a rarity in the market, and will continue to break statistical precedents by offering quality homes, in the best location and at the best price in Apple Valley.

If you are thinking about buying or selling a home in 2011, give us a call at (740) 397-7800 or send us an email to explore your options and to find out when is the best time for you to make a move.

Statistics and information compiled from the Knox County Board of Realtors MLS.

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Knox County Ohio Real Estate Report

Friday, February 25, 2011
by Sam Miller

The Knox County MLS experienced a slight reduction in home sales of about 10% this past January as compared to a year ago in January of 2010. This is truly outstanding because it means the market may be headed in a more stable and positive direction.  You may be wondering how it can be good news that the market is down by roughly 10% but remember that in early 2010 the housing market was driven by an economic stimulous package and a lot of government subsidy money such as the $8,000 tax credit.  Many media outlets predicted the housing market would be off by as much as much as 40 or 50% but our market outperformed those predictions and barely missed a beat.

Knox County Ohio Housing Market
for January 2011

As of February 1st, 2011, there are currently 303 Knox County residential homes available for sale that are listed in the Knox County MLS. The combined value of all 303 homes that are available and for sale is over 44 million dollar with a combined average listing price is just over $148,000.  The lowest priced available single family residential home that is currently listed for sale in the Knox County MLS is listed for only $15,900 and the highest priced single family home for sale today is listed for $795,000.

Currently we are working off of a 16 month absorption rate based on the January 2011 Knox County home sales and also based on the current inventory of available homes.  This is the ultimate example of how supply and demand and how one impacts the other.  Currently there is a larger supply of available homes than they are monthly sales.  This number of monthsof active inventory will typically reduce in the late spring and summer months because during the peak home selling months we can experience anywhere between a 200% to 300% increase in monthly home sales compared to the early winter months such as January or February.

If you are thinking about buying or selling a home in 2011, give us a call at (740) 397-7800 or send us an email to explore your options and to find out when is the best time for you to make a move.

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Knox County, Ohio Market Report for 2009

Monday, January 4, 2010
by Sam Miller

Happy New Year!!  The statistics from 2009 are in and we would like to share them!  In Knox County, Ohio, 417 homes were sold during 2009.  $48,364,855 in total dollar volume of closed real estate was reported to the Knox County MLS.  The average sales price of this real estate was $115,982.

The table below shows the number of Knox County, Ohio homes sold and the price ranges they were sold.

Number of Homes Sold         Price Range        Avg. Sales Price
11 $3,500 - $25,000 $15,800
46 $25,001 - $50,000 $38,150
65 $50,001 - $75,000 $64,506
70 $75,001 - $100,000 $86,721
89 $100,001 - $125,000 $114,546
47 $125,001 - $150,000 $136,607
34 $150,001 - $175,000 $163,419
20 $175,001 - $200,000 $189,015
8 $200,001 - $225,000 $207,937
10 $225,001 - $250,000 $238,507
5 $250,001 - $275,000 $264,580
1 $275,001 - $300,000 $300,000
3 $300,001 - $325,000 $309,333
3 $325,001 - $350,000 $342,500
1 $350,001 - $375,000 $355,000
0 $375,001 - $400,000 0
0 $400,001 - $500,000 0
1 $500,001 - $600,000 $505,000
1 $600,001 - $1,000,000

As of January 3, 2010, there are 263 homes listed in the Knox County MLS for sale.  The average list price of these homes is $157,775, with a combined total dollar value of $41,495,059.

Watch for our monthly statistics and if you would like the latest news on our real estate listings in Knox County, Ohio, be sure to register for our automated Knox County, Ohio listing notification by clicking here.

View our Knox County, Ohio listings here.

* All sales statistics are as reported by the Knox County MLS.

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