This data is specifically for SE Hamilton County $200-600k

The market continues to stay strong.  Let me focus on two key indicators:

There are 740 CURRENT active listings in the dataset.  Of which 616 or 83% are pending.  This is up from 79% from last week.

This shows the total % of market from week to week.  I will build this graph out each week to show the progression.  Right now, the trend is staying strong so it is DEFINATELY staying a SELLERS market!


My theory:

Markets will start shifting to being more balanced when:

  1. Price trends stabilize.  Average home price is $342k
  2. Percentage of pending listings vs total listings decline.  We are at 83%
  3. Days on market on sold properties increases.  We are at 11 DOM
  4. Percentage of sales price vs listing price declines.  We are at 102% right now.

Stay tuned.  This will update weekly with the most thorough data analysis at the beginning of each month.  Weekly I update the current (pending/active data). The sold data is updated monthly.

If we can be of service to you, please don't hesitate to reach out.

Robert Haynes 
Managing Broker
Robert Haynes and Associates