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

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 good news is that there have already been 40 Apple Valley homes sell so far in 2010 and we have yet to reach the peak selling months which are typically July and August.  Be sure to watch for our June Apple Valley home sales report. 

View The Virtual Tour of this Apple Valley Lake Resort Home

• 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.

I just completed reviewing the February 2010 homes sales statistics for the Apple Valley Lake area.  There were 6 homes sold in February with a combined total sales volume of $794,750.  The average sales price reported by the Knox County MLS for February 2010 was $132,458. 

There were 18 homes listed that were added to the market in the Apple Valley community during the month of February.  The combined listing price of these 18 new listings is $3,199,577 and the average listing price for these homes is $177,754.

As of March 1st, 2010 there are 67 homes listed for sale in Apple Valley and the average listing price is $189,031 with a combined total dollar value of $12,665,112.

If you would like to be notified by e-mail with the latest news on real estate listings at Apple Valley just sign up for our Apple Valley automated listing search system and as new listings come on the market and are entered into the Knox County MLS your will be instantly notified by e-mail with the listing details.   This link will take you directly to available Apple Valley Homes and Apple Valley Lots.

*All listing data reported from the from the Knox County MLS on 3/1/10.

The breakdown of Apple Valley Lake Community 2009 sales by price ranges is as follows:

As of January 3, 2010, 56 homes are listed for sale in the Apple Valley Lake Community.  The average list price of these homes is $189,816 with a combined total dollar value of $10,629,712.

Watch for our monthly statistics on the market here in Apple Valley!!  If you would like to be kept up to date with the latest news on real estate listings in the Apple Valley Lake Community, be sure to register for our  FREE automated Apple Valley Listing Notification by clicking here.

View our Apple Valley Community Lake Lots for sale by clicking here!!

View our Apple Valley Community Lake Listings by clicking here!!

*all sales statistics are as reported by the Knox County MLS.

3 Homes were sold in Apple Valley during the month of December. The total dollar volume for the homes sold in was $506,235 and the average sales price was $168,745.

7 new listings were added to the market in the Apple Valley community during the month of December.  The combined listing price of these listings is $1,356,477 and the average listing price for these homes is $193,782.

As of January 3rd, 2010 there are 56 homes listed for sale in Apple Valley.

The average listing price of these homes is $189,816 with a combined total dollar value of $10,629,712.

*all information taken from the Knox County MLS on 1/2/10.

REALTOR Magazine recently wrote an article highlighting our Apple Valley real estate business and the success we have had marketing and selling homes and lots in the Apple Valley Lake community.  REALTOR Magazine is the official trade publication for the National Association of Realtors and they print and deliver more than 1,000,000 copies each month.  I feel very fortunate to have been the only agent in Ohio that was featured in this article. 

This article has enhanced our visibility relating to the Apple Valley Community and it has helped generate thousands and thousands of additional visitors to our Apple Valley Website.  One of the best benefits of this article has been the business connections we have made with real estate professionals from all over America.  When many of these top real estate professionals have a buyer interested in purchasing a home or lot in Apple Valley they now know they can refer their clients to The Sam Miller Real Estate Team.  

Sam Miller

See available homes in the Apple Valley Community Click Here. 

View available lots in the Apple Valley Community Click Here.

Click Here to receive FREE Apple Valley real estate listings sent directly to your e-mail inbox.

Great news!!!  The First Time Homebuyer $8000 Tax Credit has been extended!!  This will prove to be great news for thousands of Apple Valley Lake, Ohio homebuyers and many existing homeowners who qualify for this financial incentive.  I asked national real estate expert David Knox to help me explain the benefits of this extended and revised tax credit.  In order for you to take advantage of this incentive you will need to buy and close your transaction before the tax credit deadline.

Here is Apple Valley, we have great properties for sale.  We can show you any property listed in the Knox County MLS.  The Sam Miller Team is proud to feature the following listings.  Contact us today for your private tour:

Apple Valley Lots

Apple Valley Lake Homes

Are you looking for a place to call home in Knox County, Ohio where you can spread out?  Click here to see our amazing properties with acreage.

Looking for homes outside of Apple Vally in Knox County, Ohio?  Click Here for our listings.

Interested in a bank owned property?  Search our list of bank owned homes in Knox County, Ohio.

For real estate listings sent directly to your inbox as soon as they hit the market, click here. 

Please feel free to bookmark this page and use the "Share This" feature so that you can forward this to your friends, family and business colleagues.

# of Lots Sold	Price Range	Lots Currently Available
10	$2,000 - $2,999	0
9	$3,000 - $3,999	8
13	$4,000 - $4,999	49
3	$5,000 - $5,999	48
3	$6,000 - $6,999	21
2	$7,000 - $7,999	1
1	$8,000 - $8,999	3
1	$9,000 - $9,999	3
2	$10,000 - $14,999	7
1	$15,000 - $19,999	4
1	$20,000 - $29,999	4
0	$30,000 - $39,999	2
2	$40,000 - $49,999	3
1	$50,000 - $254,000	6

Remember that most interested buyers, real estate appraisers, mortgage lenders and REALTORS all look at the comparable lot sales before determining if each Apple Valley lot is worthy of it's asking price.

Most buyers buy their Apple Valley Lake lot by comparing your lot to other similar lots that have sold within the past 6 to 12 months. If your lot is listed for more than the comparable lots, your buyer will typically select another competing lot that they perceive as a better value.

Before placing your Apple Valley Lot on the market you should ask yourself a simple question:

Do you just want to list your Apple Valley Lot for sale or do you actually want to SELL your Apple Valley Lot?

If you are serious about selling your Apple Valley Lot for the current market value we can help you reach your goal.

Thank you for taking your time to read my Apple Valley Real Estate Market Report

Sam Miller

August 7 - 31, 2009			Jaunary 1 - August 2009
0   Additions			7     Additions
4   Boathouses			13   Boathouses
2   Decks			3     Decks
0   Fences			3     Fences
0   Garages			7     Garages
3   Homes			17   Homes
2   Miscellaneous			14   Miscellaneous
0   Docks/Extensions/Seawalls			11   Docks/Extensions/Seawalls
11  TOTAL			69   TOTAL

TOTAL HOMES built in Apple Valley Lake to date: 2,501

* This information was taken from the Architectural Control Committee Report in The Cider Press.

Apple Valley Homes for Sale

Apple Valley Lots for Sale

Click here to sign up to receive listings in Apple Valley as soon as they hit the market!!

AUGUST 2009 APPLE VALLEY HOME SALES INFORMATION

Number of Homes Sold                                   7
Average Sales Price                                        $92,668
Total Dollar Amount Sold                                $648,677

AUGUST 2009 APPLE VALLEY LISTING INFORMATION

Number of residential homes listed                                     21
Average List Price of New Listings                                       $186,323
Combined total Dollar volume for new residential listings      $3,912,785

Currently there are 122 homes listed in the Knox County, Ohio MLS for all of the Apple Valley Lake Community.  The average list price as of 9/1/09 for a home in Apple Valley is $183,757.

Based on the August 2009 absorption rate figures, there is just over 17 months worth of active inventory currently on the market.

*All data taken from the Knox County, Ohio MLS

Looking to build your dream home in Apple Valley?  Click Here for lot information.

Looking for a home in Apple Valley?  Click Here for more information.

Yes!  According to an article in USA TODAY, titled Housing Prices Rounding A Corner?, "home prices rose 0.5% in May from April, according to the Standard & Poor's/Case-Shiller home price index, which measures changes in the value of residential real estate in 20 cities."   The article also states that a smaller inventory of homes for sale and a continuing rise in homes sales is a promising sign that the market is indeed stabilizing.  According to Wall Street economists, home prices in 15 of the 20 cities surveyed, rose or remained stable.

 There are cities still struggling.  Phoenix, AZ, Las Vegas, NV, and San Francisco, CA to name a few!  The cities of Dallas, TX and Denver, CO, have reported three months of prices that were higher than the previous year.   Cleveland, OH and Boston, MA  were up 4.1% and 1.6% (Wall Street Journal, "Home Prices Rise Across U.S.")  respectively.  Although year on year growth rates are still not good, critics believe the housing market has hit rock bottom and is now on an upswing. 

Since January 2009, the home price index is now showing four consecutive months of smaller annual declines.  This positive data is good news for lenders, who will start to see the values of their assets move higher thus resulting in fewer losses. 

But according to USA TODAY and the Wall Street Journal, "economists say the big question now is whether the promising signs in the housing market will encourage homeowners enough to result in more consumer spending." (USA TODAY)  As reported in the Wall Street Journal, "the improvement in housing likely gave a small boost to U.S. gross domestic produce in the second quarter, economists said.  After data showed construction of new homes was stronger than expected in June and was revised higher in April and May, Macroeconomic Advisers, a St. Louis based forecasting group, ratcheted up its estimate of second quarter economic growth.  It now sees output shrinking as just a .5% annual rate in the second quarter, compared with declines of 6.3% and 5.5% in the previous two quarters."

According to the NAR (National Association of Realtors), more hints of an improving housing marketing include a rise in existing home sales for a third consecutive month in June.  And "sales of new homes in June jumped 11% from May, according to government figures, and the supply of homes for sale fell to 8.8 months, the lowest since October 2007." (USA TODAY)

Although it is still difficult to get a loan, the market is slowing getting better.  If you are in the market for a new home, now is a WONDERFUL time to buy.  There are various government programs out there now as well as rock bottom rates.   Contact us to find your Apple Valley Lake home!!!

JULY 2009

Number of Home Sales                                   9

Lowest Apple Valley Home Sale Price              $62,000
Average Apple Valley Home Sale Price            $102,627
Highest Apple Valley Home Sale Price             $163,750

Number of Apple Valley Homes Listed in July   -     18

Number of ACTIVE Apple Valley Homes for sale  -  111

Average List price for ALL ACTIVE Apple Valley Homes for sale  -   $182,996

For more information on Apple Valley Homes for sale, contact The Sam Miller team.  Feel free to listen to our podcast too!!

Apple Valley Lake Community Lots For Sale

Apple Valley Lake Community Homes For Sale

This home is ideally located on one of the most gorgeous and desirable streets in all of Apple Valley.  The setting is a gorgeous treed location with a peaceful hillside view and within walking distance of the Apple Valley golf course and club house.  The back yard has wonderful mature trees and a yard barn with covered porch that's ideal for a child's playhouse.  Treated wood decking just off the dining area is ideal for cookouts and entertaining.  

The interior of this home is tastefully decorated and has a very well cared for feeling.  Traditional layout with 3 oversized bedrooms, 2 1/2 baths, a sun filled living room, formal dining room, attractive eat-in oak style kitchen with a breakfast nook, big master bedroom suite that has it’s own private bath and all the bedroom are all larger sized.  Tremendous storage space is available in the basement and this area could easily become future living space.  The 2-car garage is nicely oversized and is extra deep making it perfect for a motorcycle, bicycle and lawn mower storage.

You will be extremely impressed with the size, the location and the condition of this home especially when you realize it is priced at only $144,900. 

Click here for more listing details

View other Apple Valley Homes for sale       View Apple Valley Lots for sale

PRICE RANGE	NUMBER OF LOTS SOLD
$2,999 and under	7
$3,000 - $3,999	6
$4,000 - $4,999	8
$5,000 - $5,999	3
$6,000 - $6,999	2
$7,000 - $7,999	1
$8,000 - $8,999	1
$9,000 - $20,000	2
$20,000 and over	1

Of the total 32 lots sold, over 37% or 12 Apple Valley Lake Lots were sold by Sam Miller and his team.  After the Sam Miller Team, the agent with the highest lot sales totaled 4 making The Sam Miller Team out selling the competition three to one.

Click Here for Apple Valley Lake Community Lots for sale

Click Here for Apple Valley Lake Community Homes for sale

PRICE RANGE	NUMBER OF HOMES SOLD
$74,999 and less	9
$75,000 - $99,999	9
$100,000 - $124,999	10
$125,000 - $149,999	7
$150,000 - $174,999	3
$175,000 - $199,999	2
$200,000 - $299,999	0
$300,000 - $399,000	3
$400,000 - $499,900	2
$500,000 and up	1

The average sales price in Apple Valley was $145,410.

The lowest priced home in Apple Valley was $27,000.

The highest priced home in Apple Valley was $505,000.

46 Apple Valley homes SOLD in the first six months of 2009.  The Sam Miller team participated in 17.3% of these sales.  This was the highest number of homes sold by an individual real estate team in the Apple Valley Community in 2009 thus far.

Apple Valley Lake Community Lots For Sale

Apple Valley Lake Community Homes For Sale

During the month of June there were 22 Apple Valley Homes listed for sale with an average list price of $163,275.  According to the Knox County Ohio MLS, 109 homes were listed for sale in Apple Valley for the first six months of 2009.  There are currently 104 Apple Valley lake community homes actively listed for sale with an average list price of $182,329.

View available Apple Valley Lake homes for sale