Real Estate Information Archive

June 1st is already here and I have run the report for the Apple Valley Lake home sales for May 2011.  Last month there were 5 homes that successfully sold at the Apple Valley Lake with an average sales price of $134,700.  The total combined sales volume of the Apple Valley Lake home sales for May is $673,500.  Last month the home sales at the Apple Valley Lake were down substantially because in May 2010 there were 15 home sales at the Apple Valley Lake which is triple the the number of sales last month.

Fewer home sales this past May isn't a big surprise to me because many Apple Valley Lake home buyers have made home sale contingent offers on homes they want to buy but they need to sell their current Apple Valley Lake home first.  This means that once their current home sells we could experience a big boost in sales.  The reason for the boom is that the the buyer would be selling their current Apple Valley Home and then immediately closing on their new / replacement home in Apple Valley which would create two sales at once.  Now that we are in the peak selling season for home sales at the Apple Valley Lake I believe home sales in most price ranges will experience the boost in buyer and home sales activity.

There have been 11 homes sales at the Apple Valley Lake during the first quarter of 2011.  The home sales ranged in price from $60,000 to $161,000.  During the first quarter there was a total of $1,326,000 in total combined home sales volume at the Apple Valley Lake with an average sales price of only $120,545.  To put things into perspective it is important to know there during the same 3 month period there were 52 Apple Valley Lake homes listed for sale and the average listing price of these 52 homes is $189,421.  This activity is fairly typical for the Apple Valley Lake because for most of the first quarter the lake is covered with ice.

The current available inventory of homes for sale at the Apple Valley Lake includes 96 homes that are listed in the Knox County Ohio MLS.  This is a very normal level of available homes in Apple Valley for this time of year.  April is generally the month that the housing market at the lake really takes off.  Last year in April there were 9 homes that sold in a single month which is nearly as many sales home sales as the entire first quarter of this year.

If you are in the market for an Apple Valley home you should know that our real estate team can help you.  We have an automated system that integrates our MLS into an html email link which enables you to receive all the newest Apple Valley homes and listing updates as they are entered into our Knox County MLS system.  This system delivers listings so fast that in many cases you will be notified before other competing real estate agents even know these homes are for sale.  If you are tired of missing out on the best deals and you aren't already working with a real estate agent just take a minute and create your FREE personalized home search profile and the Apple Valley Lake listings will be sent directly to your email inbox compliments of The Sam Miller Team. 

All sales information was provided by the Knox County Ohio MLS.

The home sales at the Apple Valley Lake in Central Ohio saw some fresh activity this past November.  There were seven home sales at the Apple Valley Lake but what was surprising is that two of these sales were Apple Valley Lakefront homes that sold for $500,000 and $565,000.  The average sales price in November was $234,778 which is substantially higher than the average sales price in November 2009 which was only $146,885.  There were 8 fewer Home sales at the Apple Valley Lake this past November compared to the prior November yet the difference in total closed dollar volume for the month was less than $600,000.

There are currently 76 Apple Valley Lake homes listed for sale in the Knox County MLS system with an average listing price of $180,559.  

• There are 17 homes that are listed for $100,000 and under
• There are 44 homes listed between $100,000 and $200,000
• There are 6 homes listed between $200,000 and $300,000
• There are 4 homes listed between $300,000 and $400,000
• There are 2 homes listed between $400,000 and $500,000
• There are 3 homes listed at $500,000 and above

You can also view available Apple Valley Lake Homes online 24 hours a day at AppleValleyOhio.com

If you are looking for an Apple Valley Lake real estate professional to help you buy and sell an Apple Valley home or an Apple Valley lot you can save yourself a lot of time and money by contacting The Sam Miller Team at (740) 397-7800 or AppleValleyOhio.com.  Our team handles Apple Valley lots and homes ranging from as low as $2,000 to has high as $850,000.  During the past 20 years no single agent has successfully helped more clients buy or sell their Apple Valley Lake real estate in Knox County Ohio than Sam Miller.  There is no upfront fees and our team succeeds by helping you achieve your real estate goals and dreams.

The home sales at the Apple Valley Lake for this past September experienced a slight market shift with only 8 residential homes sales being reported to the Knox County Ohio MLS.  The price ranges of the homes that successfully sold ranged from $56,000 to $346,000.  The average sales price for a home at the Apple Valley Lake last month was $148,843 with only $1,190,747 in total sales being reported to the Knox County Ohio for September.  For comparison purposes last year in September we saw 16 homes sell during the same period for more than $1,800,000 in reported sales to the local MLS.  

Today there are 97 Apple Valley Homes listed for sale with prices ranging as low as $59,900 and as high as $869,900.

If you are interested in seeing many of the available Apple Valley Lake homes that are currently for sale be sure to visit:  Apple Valley Ohio Homes For Sale

Sam Miller

Apple Valley waterfront building site located next to Sutton Beach among other impressive Apple Valley Lakefront Homes.  This is one of the nicest and more desirable lots available and the price is right at $235,000.  What makes this lot so ideal is that it is level enough so that you do not have a steep driveway and the lot is very easy to mow and maintain yet it has enough gentle slope so that you can have a walkout or daylight basement.

If you are interested in an Apple Valley Lakefront or Apple Valley Waterfront home or lot contact us at (740) 397-7800, email us at samsells@sammiller.com or feel free to view our listings at Apple Valley Ohio Real Estate. 

The first 6 months of 2010 have been busy at the Apple Valley Lake.  From January 1st, 2010 through June 30th, 2010 there have been 43 homes sell at the Apple Valley Lake through the Knox County MLS.  14 of these 43 homes that sold actually closed with a sales price of $100,000 or under.  This just goes to show that there are some exceptional values for those looking for a starter home and an affordable vacation property at the lake in Apple Valley Ohio.  

There were 17 homes out of the 43 that sold between $100,000 to $150,000 with an average sales price of $130,444.  There were only 4 Apple Valley lake front / Apple Valley water front homes that sold through the Knox County MLS during the first half of 2010 and the average sales price was $395,575.   

There are 115 Apple Valley homes available through the Knox County MLS as of today.  The average listing price for these homes is $219,924.  I created a custom real estate report relating to the available Apple Valley lake community homes organized by price range below:

• 19 Homes that are priced between $65,000 to $100,000 
• 30 Homes that are priced between $100,001 to $150,000
• 31 Homes that are priced between $150,001 to $200,000
• 9 Homes that are priced between $200,001 to $300,000
• 11 Homes that are priced between $300,001 to $400,000
• 5 Homes that are priced between $400,001 to $500,000
• 5 Homes that are priced between $500,001 to $600,000
• 4 Homes that are priced above $600,000

When I was reviewing my Apple Valley Lake real estate report I noticed that during the first 6 months of 2010 there had only been 3 home sales over $300,000.  This is very interesting because there are currently 25 homes on the market in this price range for sale TODAY.  If you assume that during the second half of 2010 this price range sees an increase in sales by 50% that still means there is an active supply that is equal to 18 months on the market and that doesn't take into account new listings that WILL come on the market.  

We are no longer in a real estate market where the 3 most important factors are "Location, Location, Location".  The new market requires the home to be priced competitively, well staged, accessible for showings and you need a marketing plan that will attract the "RIGHT" buyer for your home.  

If you are interested in talking Apple Valley real estate regardless if you are interested in an entry level vacation home or an Apple Valley lake front home, my team and I would love to be your Apple Valley Lake REALTOR.  

Sam Miller
REMAX Stars Realty
(740) 397-7800
Samsells@sammiller.com
AppleValleyOhio.com

This morning I was researching the number of available homes at the Apple Valley Lake for a client and I determined that there are 99 available homes currently for sale at the lake.  

• There are 14 Homes that are priced under $100,000 with an average listing price of $85,821.  For those of you who have heard rumors that you can't find an affordable home in Apple Valley we have another 14 reasons why that just isn't true.  To put this into perspective a base 30 year mortgage at 5% interest based on a $85,821 loan amount is only $460.21 per month.

• There are 28 homes that are priced between $100,000 to $150,000 with an average listing price of $127,253.  A sample base monthly house payment for a $127,253 loan at 5% interest for a 30 year term is $683.12.

• There are 26 homes that are priced from $150,000 to $200,000 with an average listing price of $168,994.  A sample base monthly house payment for a $168,994 loan at 5% interest for a 30 year term is $907.20.

• There are 8 homes that are priced above $200,000 to $250,000 with an average listing price of $227,332.  A sample base monthly house payment for a $227,332 loan at 5% interest for a 30 year term is $1,220.37.

• There are 5 homes that are priced above $250,000 to $300,000 with an average listing price of $287,010.  This price range is typically where you could potentially start to find the entry level water front and lake front homes.  Currently two of the homes in this price range have water frontage. 

• There are 9 homes available in the Apple Valley that are priced above $300,000 to $400,000 with an average listing price of $356,777.  All 9 of those homes feature either water frontage or lake frontage.  This particular price range is VERY hot during the summer months.  Roughly half the homes that sell in this price range and above are purchased as a vacation home or summer home.

• There are 9 Apple Valley lakefront homes available at the that are priced above $400,000 with an average listing price of $555,188.  The lowest priced home in this price range is $419,000 and currently the highest Apple Valley home is listed for $795,000.

Super spacious split level located at 3219 Apple Valley Drive in Highland Hills Subdivision at the Apple Valley Lake, featuring 4 bedrooms and 2 ½ baths, an inviting covered wrap around front porch, inside you will find a vaulted ceiling living room with an adjoining dining area, attractive oak cabinetry filled kitchen that includes all the major appliances, 2^nd floor laundry conveniently located near the bedrooms, huge lower level family room highlighted by a fireplace plus there is a 4^th bedroom and half bath downstairs, 2 car garage, relaxing rear deck and a hillside yard, natural gas forced air heating and central air, easy care vinyl siding, this home is larger than it looks and it is priced really right at just $137,500.  

View The Virtual Tour of this Apple Valley Lake Resort Home