Real Estate Market

Apple Valley Lake Real Estate Market Update

Market Reports For Apple Valley Lake Real Estate

Report for Apple Valley Lake

Let's take a look at at the real estate market for Apple Valley Lake. Currently there are 10 sales pending in the market overall, leaving 28 listings still for sale. The resulting pending ratio is 26.3% (10 divided by 38). So you might be asking yourself, that's great...but what exactly does it mean? I'm glad you asked!

The pending ratio indicates the supply & demand of the market. Specifically, a high ratio means that listings are in demand and quickly going to contract. Alternatively, a low ratio means there are not enough qualified buyers for the existing supply.

Taking a closer look, we notice that the $100K - $150K price range has a relatively large number of contracts pending sale. We also notice that the $150K - $200K price range has a relatively large inventory of properties for sale at 8 listings. The median list price (or asking price) for all properties in this market is $200,000.

A total of 79 contracts have closed in the last 6 months with a median sold price of $163,050. Breaking it down, we notice that the $100K - $150K price range contains a high number of sold listings. Alternatively, a total of 15 listings have failed to sell in that same period of time. Listings may fail to sell for many reasons such as being priced too high, having been inadequately marketed, the property was in poor condition, or
perhaps the owner had second thoughts about selling at this particular time. The $150K - $200K price range has the highest number of off-market listings at 5 properties.

What are the odds of selling your home? The next chart shows a breakdown of the last 12 months, compared to 2015 to 2016. This is an excellent time to sell your Apple Valley home!

Report for Apple Valley Lake Lots

Let's take a look now at the real estate market for Apple Valley Lake Lots. Currently there are 8 sales pending in the market overall, leaving 74 listings still for sale. The resulting pending ratio is 9.8% (8 divided by 82). So again you might be asking yourself, that's great... but what exactly does it mean? 

As mentioned above, the pending ratio indicates the supply & demand of the market. Taking a closer look, we notice that the $3K - $5K price range has a relatively large number of contracts pending sale. We also notice that the $3K - $5K price range has a relatively large inventory of properties for sale at 43
listings. The median list price (or asking price) for all properties in this market is $4,500.


A total of 34 contracts have closed in the last 6 months with a median sold price of $3,450. Breaking it down, we notice that the $3K - $5K price range contains the highest number of sold listings.

Alternatively, a total of 25 listings have failed to sell in that same period of time. Listings may fail to sell for many reasons such as being priced too high, having been inadequately marketed, the property was in poor condition, or perhaps the owner had second thoughts about selling at this particular time. The $3K - $5K price range has the highest number of off-market listings at 15 properties.

Want to learn more about the market in Apple Valley Lake?  Download our free reports for Apple Valley Lake and Apple Valley Lake Lots today!

Download REAL ESTATE MARKET REPORT | APPLE VALLEY LAKE (PDF)

Download REAL ESTATE MARKET REPORT | APPLE VALLEY LAKE LOTS (PDF)

Not intended to solicit properties currently listed for sale.

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Apple Valley Lake Real Estate is now in the palm of your hands!

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  • Lot Size - Range of minimum to maximum lot size
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View Apple Valley Lake Homes For Sale In Price Order

Now you can view all of the available Apple Valley Lake homes that are actively listed for sale in the entire Knox County MLS! They are organized in price order for quick and easy viewing. This service is updated dozens of times each day electronically. These listings are directly tied to the Knox County Ohio Multiple Listing Service (MLS) so you see all the available Apple Valley Lake listings, not just listings for a single real estate broker.

If you want to receive the newest listings the moment they hit the market, register at AppleValleyLakeHomeSearch.com. Once registered, the newest Apple Valley Lake real estate listings and price changes will come quicker than most real estate brokerages see them! This system is super fast and fully automated so be sure to register for FREE!

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