The Lewis Center real estate market finished 2016 strong! Let’s take a look at the numbers to see if Lewis Center ended 2016 in a Seller’s Market or a Buyer’s Market.

Homes For Sale/Sold/Pending/New Listings

Homes For Sale in December 2016: 86 units.

  • Down 8.5% compared to the last month
  • Up 10.3% compared to the last year

Homes Listed in December 2016: 22 units.

  • Down 46.3% compared to the last month
  • Up 4.8% compared to the last year

Homes Closed in December 2016: 37 units.

  • Up 15.6% compared to the last month
  • Up 19.4% compared to the last year

Homes Placed under Contract in December 2016: 26 units.

  • Down 36.6% compared to the last month
  • Down 13.3% compared to the last year

Lewis Center OH Real Estate Market Report 4Q 2016 Lewis Center OH Real Estate Market Update Q4 2016 All Data

Lewis Center OH Real Estate Market Update Q4 2016 Number Of Homes
Average Price Per Square Foot

December 2016 Average Sold Price per Square Footage is Neutral*

Average Sold Price per Square Footage in December 2016: $117

  • No ChangeĀ compared to the last month
  • No Change compared to the last year

*Based on 6 month trend – Appreciating/Depreciating/Neutral

Lewis Center OH Average Price Per Square Foot Dec 2016 Lewis Center OH Report 4Q2016 Avg Price Per SqFt

Average Days On Market in Lewis Center

December 2016 Average Days on Market trend is Rising*

Average Days on Market in December 2016: 37

  • Up 32.1% compared to the last month
  • Down 40.3% compared to the last year

December 2016 Sold/Original List Price Ratio Remains Steady*

Sold/Original List Price % in December 2016: 96%

  • Down 3% compared to the last month
  • No Change compared to the last year

*Based on 6 month trend – Rising/Falling/Remains Steady

Lewis Center OH Real Estate Report 4Q 2016 DOM Lewis Center OH Real Estate Report Q4 2016 DOM

Average Prices & Median Price

December 2016 Median Sold Price is Neutral*

Average Median Sold Price in December 2016: $285

  • Down 1.7% compared to the last month
  • Down 1.7% compared to the last year

December 2016 Average For Sale Price is Neutral*

Average For Sale Price (in thousand) in December 2016: $365

  • Up 0.3% compared to the last month
  • Up 8.6% compared to the last year

December 2016 Average Sold Price is Neutral*

Average Sold Price (in thousand) in December 2016: $287

  • Down 4.7% compared to the last month
  • Down 1% compared to the last year

*Based on 6 month trend – Appreciating/Depreciating/Neutral

Lewis Center OH Real Estate Market Update 4Q 2016 Lewis Center OH Real Estate Market Update Q4 2016 Prices

Months Of Inventory in Lewis Center

December 2016 is a Seller’s market*

Months of Inventory based on Closed Sales in December 2016: 2.3

  • Down 20.4% compared to the last month
  • Down 7.9% compared to the last year

*Buyer’s market: more than 6 months of inventory based on closed sales
Seller’s market: less than 3 months of inventory based on closed sales
Neutral market: 3 – 6 months of inventory based on closed sales
Lewis Center OH Real Estate Report Months Of Inventory Graph Lewis Center OH Real Estate Market Update 4Q 2016

Have A Question About This Report?

I am always available to answer any questions you may have about Lewis Center real estate. Please feel free to contact me, REALTORĀ® Rita Boswell, at 614-547-3229.

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