The Knox County Ohio Board of Realtors and the Knox County MLS reported $3,427,750 in residential home sales within Knox County in March 2009.  There were 25 residential homes sale reported in March with an average sales price of $137,100.  The least expensive frame constructed home sold was $21,000 and the highest priced home sold in March sold for $429,000.  For comparison purposes in 2008 there were 36% more homes sold than this past March yet this March the average sales price was nearly $5,000 higher than in 2008.  The end result is fewer homes sold in March of 2009 yet the average sales price was higher.

During March there were 93 new listings added to the existing Knox County MLS.  The average listing price for March was $153,805 which is actually above average.  The total dollar volume in new home listings in Knox County that were added to the MLS in March was $14,303,909.  For comparison purposes there were only 59 residential new listings added in February and only 43 residential new listings added in January 2009.  As of today there are 360 residential homes on the market for sale in Knox County.  Based on the 25 homes that sold in Knox County in March 2009...there is over 14 months of active home listings or inventory currently on the market for sale.