November 2024
Springboro Real Estate Market Update
Today, I’ve got your Springboro Ohio, November 2024 real estate market update, and let me tell you—it’s packed with some exciting numbers you’ll want to know.
-Months Supply of Inventory
-List to Sold Price
-Median Days on Market
-Median Sold Price
Months Supply of Inventory
Let’s kick things off with the Months Supply of Inventory, currently sitting at 1.76. What does that mean? Well, if no new homes were listed (which, let’s hope doesn’t happen!), it would take just under two months to sell all the homes currently available. Fun fact: that’s a 36.43% increase over the last year, so inventory is slowly growing!
List to Sold Price
Now onto the List to Sold Price percentage—this one’s a star! Homes are selling at 99.8% of their list price. Basically, sellers are getting pretty much what they’re asking for. A win-win, wouldn’t you say?
Median Days on Market
And here’s a stat that’s always fun to watch: the Median Days on Market. It’s at 11 days, meaning half of the homes are snatched up in less than two weeks. If you’re selling, you better have those moving boxes ready!
Median Sold Price
Finally, let’s talk dollars and cents. The Median Sold Price for a home in Springboro is holding strong at $430,000. Whether you’re buying or selling, that’s valuable insight to keep in mind.
So there you have it—a quick snapshot of the Springboro real estate market in November 2024. Staying on top of the market is key, whether you’re planning to buy, sell, or just keeping an eye out for future opportunities. And hey, that’s what I’m here for!
If you have any questions or want to dive deeper into these numbers, don’t hesitate to reach out. You can find me at RE/MAX Victory + Affiliates. Thanks for watching, and I’ll see you next time. Have an amazing day!