I thought that I'd take a moment this morning to check out the market for Defiance, Ohio for the past five years and see where we are at today in comparison to 2005. Below is a quick breakdown of what I found.
Houses sold
2005: 337
2006: 365
2007: 329
2008: 236
2009: 239
Houses sold in December 2008: 16
Houses sold in December 2009: 19
Active List and Sold Price 2005
Area 61 of Defiance: Listed: $98617 Sold: $95,602
Area 62 of Defiance: Listed: $153,782 Sold: $172,700
Area 63 of Defiance: Listed: $111,818 Sold: $110,699
Area 64 of Defiance: Listed: $153,218 Sold: $159,960
Active List and Sold Price 2009
Area 61 of Defiance: Listed: $93,779 Sold: 86,122
Area 62 of Defiance: Listed: $114,968 Sold: $111,536
Area 63 of Defiance: Listed: $98,765 Sold: $93,985
Area 64 of Defiance: Listed: $167,830 Sold: $157,443
As you can see there has been a significant decline in home sales and prices over the past 5 years. Area 64 which is known as the Tinora School District area is the only area that has tended to hold it's sale value.
We have seen a slight, though very slight increase in sales from 2008 to 2009 and December 2009 had three more sales than December 2008. Hopefully this is the beginning of a new trend in our market area.
These stats are Single Family Residences that also include Condos and Mobil homes.
Hope this helps you.
Scott
http://www.realtyfive.com/
"We choose to give."
Our view of Northwest Ohio homes and other real estate from a company that gives back to the communities of Defiance, Henry, Paulding, Williams, Fulton and Putnam counties.
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