Perrysburg Market Stats – 2008 End of Year Recap
January 28th, 2009 . by Jon ModeneWell, that was fun.
If you were a buyer!
Median Prices in Perrysburg:
12/2008
Median Price, Active Listings – $199,900
Median Price, Pending Listings – $175,000
Median Price, Closed Sales – $180,000
409 Single Family and Condo Properties on the Market
29 Pending in Dec.
23 Closed in Dec.
11.4 months of inventory remains on the market as of 12/31/2008
Residual Inventory DOWN to 288 vs. 356 on 12/31/2006.
My comments:
More and more sellers are quiting. Just taking their houses off the market. Many are renting. Some are short – selling. Some are being foreclosed.
Many sellers are actually SELLING.
Amazing but true! You have to have some equity and a plan (and a good agent – but I digress!) and a healthy respect for current market conditions.
Here is the chart – what is the truth? The chart tells the truth.
