End of April 2009 Perrysburg Market Stats
May 4th, 2009 . by Jon ModeneAll data for 2009 YTD thru April . . . .
Median price, sold listings: $163,000
Number of homes sold, month of April: 21
Number of homes sold, April 2007: 43
Listings for sale, Perrysburg (Area 53), 410
Average Days on the Market for Actives: 139
Properties Sale Pending, April 30: 44
My comments: The number of homes sold is down 51% in a 2 year period. Back in 2007 the average Perrysburg listing sold for $206,000. This year? An amazing low median price of $163,000.
That represents a 43,000 decline in value for the average house.
Which means if you did not sell your house, your value went down by 21%.
Amazing numbers.
The trend has been bad for 2 years for Perrysburg.
Only sell if you NEED to sell.
If you NEED to sell, you need to ask the current market price.
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