Blog About Circleville & Pickaway County

Well, we’re nearing the close of yet another month in the 2008 sales year.

I continue to be amazed at what’s going on in our market.

Sales continue to be average to slightly less than average as compared to 2007 (Which was slightly less than 2006).

While sales are slightly slower, the inventory CONTINUES to drop , this is one of the first times this has EVER happened in the market.

I have pulled a historic graph over the past 1 year+ along with inventory

As you can tell, the first 3 months in 2008 have seen a reduction overall in inventory, and total inventory supply VS past months comparatively.

I have further searched the MLS and found the current statistics for April, and this trend very much continues.

Based on CURRENT MLS Statistics, this month, there have been :

If you Add the New properties and re-introduced properties, you end up with 79 listings.

If you figure the total number of properties that are no longer on the market (Withdrawn+UC+Expired/Contingent) You end up with a total of 76 properties that are no longer on the market.

This is a total net gain of 3 homes (Or less than 1%) to the current inventory. Last year there was a total gain of 9 properties.

It’s quite interesting to see what the market is doing in the middle of a energy/housing crunch.

If you determine a daily average and comparison , we SHOULD end the month with total sales of 50 homes, which would be a increase of 28% over last year (We’re already at a gain of 7.5% over 2007).

The areas included in this report are : Circleville,williamsport,orient,new holland, darbyville, tarlton, ashville, and all other municipalities in Pickaway county.