Embark on a journey through the dynamic real estate market of Marysville, Ohio, where efficiency and growth converge. In this blog post, we’ll delve into the key housing statistics and market trends that make Marysville a compelling destination for both homebuyers and sellers.
**1. Inventory Efficiency:**
Marysville boasts an incredibly efficient real estate inventory with just 0.63 months, creating a market where properties are in demand and turnover is swift. This efficient balance ensures a lively and engaging experience for those navigating the real estate landscape.
**2. Pricing Precision:**
Experience pricing precision in Marysville, with a notable 100.9% list-to-sale price ratio. This indicates a market where properties are valued accurately, resulting in optimal returns for sellers and fostering a competitive yet fair environment.
**3. November’s New Beginnings:**
November ushered in new opportunities for Marysville with 23 new listings entering the market. The median new listing price of $365,000 showcases the city’s commitment to providing a diverse range of homes that cater to various budgets and preferences.
**4. Active Listings Snapshot:**
Marysville offers a curated selection of options with 22 active listings in November. The median active listing price is $399,450, reflecting the city’s dedication to maintaining a balance between affordability and quality in its housing offerings.
**5. Efficient Transactions:**
Properties in Marysville move efficiently, with an average of just 40 days on the market. This quick turnover underscores the city’s desirability and the efficiency with which transactions unfold.
**6. November’s Success Stories:**
November was a successful month for Marysville, with 34 properties successfully changing hands. The median sale price stands at $354,500, while off-market properties had an average price of $255,000, reflecting the diversity of housing options available in the city.
**7. Value Appreciation:**
The estimated property value in Marysville is $365,420, showcasing a resilient market with a slight decrease of 0.6% from the previous month but a commendable 6.4% increase from the same period last year, underlining the city’s growth and potential for value appreciation.
Marysville, Ohio, stands as a city where efficiency and growth define the real estate landscape. Whether you’re a buyer exploring new opportunities or a seller capitalizing on value appreciation, Marysville welcomes you to experience a dynamic and flourishing real estate environment.