Last week we looked at how the first week went in Delaware, Ohio real estate and it was about what you’d expect from the Holiday season.
The Market
As was expected the market remains slow to start the new year.
- Actives: +0.08% from last week (1,725 this 1,711 last week)
- Sold: -30.8% from last week (9 sales vs. 13 last week)
- Withdrawns: -70% from last week (20 withdrawn this week vs. 34 last week)
- Expiredes: -4.2% from last week (23 this week vs. 24 last week)
The warm weather helped with listings and helped to keep more homes on the market — i.e. the reduced number of withdrawn homes — and we’ll proibably see a nice spike in solds in early February as a reasult. Sold was almost as expected — about 30 days ago where you thinking about buying a home? Or trying to afford all those holiday parties and gifts? Me too.
Popularity: 6% [?]
January 14th, 2007 at 1:22 am
When do things usually pick up there, Toby? Here in the desert we really don’t experience a post-winter thaw per se (despite tonight’s freeze warnings and today’s 49-degree high.)
January 14th, 2007 at 11:12 am
It really depends on the winter. If we get a “normal” Ohio winter it bounces back in March/April when the weather brightens up. But last year, we didn’t have a hard winter so the spring wasn’t as “climatic”. The “total solds” are usually very similar regardless of the winter, it just depends on when the closings happen.
Thanks for stopping by Jonathan!