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Knox County Ohio Real Estate Information Archive

Sam Miller

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Knox County Ohio MLS Home Sales Report for November

by Sam Miller

The Knox County, Ohio Board of Realtors experienced a 5% increase in the number of homes that successfully sold in November compared to October 2009. What is even more impressive is when I compared the average sales price of November 2009 to October 2009, I quickly noticed that November averaged a higher sales price of 4.49% than the month prior. This does not mean that home values are on the rise, but it does mean that there were higher priced homes that sold in November than in October and that is a good sign.

The Knox County Board of Realtors reported 42 residential home sales throughout Knox County including Mount Vernon, Centerburg, Gambier, Howard, Apple Valley, Fredericktown and the smaller villages. The average sales price for the Knox County, Ohio homes that sold in November was $111,068. The lowest priced home that sold was a bank repossession which sold for $33,000.  The highest priced home closed at $232,000.

November 2009 Compared to November 2008

I do extensive monthly market research and have completed monthly market studies for more than 15 years. When I pulled last years November 2008 home sales statistics, I compared them with the November 2009 statistics and the comparison made me smile. This November we had 42 homes sales and last year in the same time period we only had 29 home sales. That is a huge difference and that amount of increase in any market is considered BIG.  Here are the results for November 2009:

Number of Homes Sold Price Range
13 $74,900 and under
7 $75,000 - $99,000
8 $100,000 - $124,999
3 $125,000 - $149,999
5 $150,000 - $174,999
3 $175,000 - $199,999
3 $200,000 and higher

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Click Here for our featured properties!!!  Some of the best property for sale is displayed right here. As experts in the Knox County real estate market, we can provide you detailed information on these homes, or any others!

*Disclaimer: The Knox County Board of Realtors MLS statistics as of December 1st, 2009

Knox County, Ohio MLS October 2009 Real Estate Statistics

by Sam Miller

KNOX COUNTY, OHIO OCTOBER 2009 NUMBERS

The numbers are in for Knox County, Ohio MLS sales for October 1, 2009 through October 31, 2009:

The Knox County, Ohio MLS is reporting 40 Home sales in October 2009. The average sales price for a home SOLD in October was $106,288. The lowest priced home sold in October SOLD for $24,000, which was a bank repossession. The highest priced home sold in October, SOLD for $195,000.  This was a country home with over 5 acres of land.

October 2009 home sales were up more than 25% as compared to October 2008 (a good sign).  According to the Knox County, Ohio MLS, RE/MAX Stars Realty represented more than 52% of all the listed homes that SOLD in October 2009. RE/MAX Stars Realty also represented more than 50% of all the buyers who purchased homes in October 2009.
 
The Sam Miller Team participated in the sale and closing of 19 real estate transaction sides in October 2009 which accounts for a very large percentage of the sales that closed within the Knox County, Ohio MLS in October.

The Knox County, Ohio real estate market is still very active and homes that are properly positioned are selling well. 
  

Disclaimer:  All sales data per Knox County, Ohio MLS sales statistics as reported on November 2nd, 2009*

Featured Listing:

13 Wildwood Lane - $210,000

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Knox County, Ohio August 2009 Real Estate Numbers

by Sam Miller

The following information is the August 2009 Knox County real estate information.  This information was taken from the Knox County, Ohio MLS and includes all of Knox County including, Mt. Vernon, Apple Valley, Fredericktown and Centerburg.

August 2009 Knox County Home Sales Information

Number of residential homes sold                            38
Average Sales Price of those homes sold                   $112, 060.00
Total Amount Sold                                                  $4,258,000.00

August Knox County Listing Information
Total New residential listings for August                   83
Average New List Price                                            $157,000

Total Number of Homes Currently in the MLS            424
Average List Price                                                   $162,000

 

The market is showing significant signs of increased activity.  We've had a lot more showing traffic on our homes listed for sale as well as increased offers in negotiations and number of sold properties.  It feels like the market is beginning to pick up.  This may partially be due to the $8000 home buyer tax credit.  Houses must be closed by November 30, 2009 in order to qualify for this tax credit.  I think the end of the year looks to be real active and now is an excellent time to buy a new home or upgrade to a larger one.  It's a wonderful time to take advantage of the super homes listed right now as well as the incredible low rates. 

Homes for sale $100,000 or less

Homes for sale $100,000 - $150,000

Homes for sale $150,000 - $200,000

Homes for sale $200,000 - $300,000

Homes for sale $300,000 and up

In the market for a new home or ready to sell one?  Contact The Sam Miller Team for all your real estate needs. 

 

Real Estate Housing Prices are on the Rise!!

by Sam Miller

Many of you have been asking how the real estate housing market is doing and are wondering if housing prices are rounding the corner and heading up.  Throughout the country housing prices in May showed their first gain in three years.  Is this a sign that the market may finally be turning around?

Yes!  According to an article in USA TODAY, titled Housing Prices Rounding A Corner?, "home prices rose 0.5% in May from April, according to the Standard & Poor's/Case-Shiller home price index, which measures changes in the value of residential real estate in 20 cities."   The article also states that a smaller inventory of homes for sale and a continuing rise in homes sales is a promising sign that the market is indeed stabilizing.  According to Wall Street economists, home prices in 15 of the 20 cities surveyed, rose or remained stable.

There are cities still struggling.  Phoenix, AZ, Las Vegas, NV, and San Francisco, CA to name a few!  The cities of Dallas, TX and Denver, CO, have reported three months of prices that were higher than the previous year.   Cleveland, OH and Boston, MA  were up 4.1% and 1.6% (Wall Street Journal, "Home Prices Rise Across U.S.")  respectively.  Although year on year growth rates are still not good, critics believe the housing market has hit rock bottom and is now on an upswing. 

Since January 2009, the home price index is now showing four consecutive months of smaller annual declines.  This positive data is good news for lenders, who will start to see the values of their assets move higher thus resulting in fewer losses. 

But according to USA TODAY and the Wall Street Journal, "economists say the big question now is whether the promising signs in the housing market will encourage homeowners enough to result in more consumer spending." (USA TODAY)  As reported in the Wall Street Journal, "the improvement in housing likely gave a small boost to U.S. gross domestic produce in the second quarter, economists said.  After data showed construction of new homes was stronger than expected in June and was revised higher in April and May, Macroeconomic Advisers, a St. Louis based forecasting group, ratcheted up its estimate of second quarter economic growth.  It now sees output shrinking as just a .5% annual rate in the second quarter, compared with declines of 6.3% and 5.5% in the previous two quarters."

According to the NAR (National Association of Realtors), more hints of an improving housing marketing include a rise in existing home sales for a third consecutive month in June.  And "sales of new homes in June jumped 11% from May, according to government figures, and the supply of homes for sale fell to 8.8 months, the lowest since October 2007." (USA TODAY)

Although it is still difficult to get a loan, the market is slowing getting better.  If you are in the market for a new home, now is a WONDERFUL time to buy.  There are various government programs out there now as well as rock bottom rates.   Contact us to find your Knox County, Ohio home!!!

July 2009 Home Sales Activity Report

by Sam Miller

July 2009 Knox County Homes Sales numbers are in!!!  According to the Knox County, Ohio MLS, 35 homes were sold in the month of July!!  Re/Max Stars Realty had a 34% company marketshare of these sold homes!! 

Home sales totaled $3,853,645 and the average sales price for a Knox County, Ohio home was $110,104.

In the month of July 2009, 72 homes were listed in Knox County, Ohio and the average list price of these homes was $146,603.

Currently, there are 406 homes for sale in Knox County, Ohio and the Knox County MLS is reporting that there are just over 66 million dollars in total homes available for sale in this area.

The average list price for a home for sale in Knox County, Ohio is $163,156. 

*all home sales data was reported from the Knox County Ohio MLS System.

 

Homes for sale $100,000 or less

Homes for sale $100,000 - $150,000

Homes for sale $150,000 - $200,000

Homes for sale $200,000 - $300,000

Homes for sale $300,000 and up

In the market for a new home or ready to sell one?  Contact The Sam Miller Team for all your real estate needs. 

Kenyon College Home

by Sam Miller

214 East Woodside Drive in Gambier for only $225,000.

Kenvon College Real Estate

Knox County Ohio 2008 Home Sales Year End Report

by Sam Miller

Each year I compile "The State of the Market Housing Report" for Knox County Ohio highlighting all residential home sales for the previous year  This report includes home sales in Mount Vernon, Centerburg Danville, Fredericktown, Gambier, Howard and even the smaller villages such as Bladensburg and Martiinsburg.

  • 428 Residential homes sales within Knox County Ohio
  • $53,249,324 or just over 53 million in combined volume
  • $124,414 was the average sales price for the Knox County
  • $565,000 was the highest residential sales in Knox County MLS
  • $8,000 was the lowest actual frame constructed home sale (repo) 

Here are the 2008 Knox County home sale numbers broken down by specific price ranges, how many sold in each price range and the average sales price per price range grouping.

  • 40 homes sold from $50,000 or less with an average sale price of $34,459.
  • 54 homes sold from $50,001 to $75,000 with $62,891 average sales price.
  • 93 homes sold from $75,001 to $100,000 with $87,353 average sales price.
  • 77 homes sold from $100,001 to $125,000 with $111,665 average sales price.
  • 52 homes sold from $125,001 to $150,000 with $138,905 average sales price.
  • 43 homes sold from $150,001 to $175,000 with $160,796 average sales price.
  • 27 homes sold from $175,001 to $200,000 with $187,998 average sales price.
  • 19 homes sold from $200,001 to $250,000 with $230,310 average sales price.
  • 8 homes sold from $250,001 to $300,000 with $275,937 average sales price.
  • 10 homes sold from $300,001 to $400,000 with $350,200 average sales price.
  • 5 homes sold from $400,001 and higher with $490,800 average sales price.
I am also in the process of posting additional 2008 "State of the Market" reports for each individual community within the Knox County Area.

Click Here to view the Apple Valley Lake Community 2008 "State of the Market" Home Sales Report

Sam Miller


 

Google Search Using Your Cell Phone and Text Messaging

by Sam Miller

Have you ever needed a quick phone number and didn't want to take the time to boot up your computer and search Google and you wanted to avoid the high charge for directory assistance or 411 connect?   Have you ever wanted the phone numbers for the local movie theatres or pizza places near you and you don't have anything to write the numbers down on?  There is a quick and easy way to get the information you want within 60 seconds and most of you can get the information quick and cheap with your cell phone and your text message feature. 

Send a text message to this number:  466453 (I know this is a partial number but trust me it will work).  Now type in what you are searching for and for your example use the following as a test:  Plumber 43050 (of you can type in Plumber XXXX (enter your zip code where my x's are)  Now simply press send and sit tight and within 60 seconds you will get a text message with the information.  This works for client names, addresses and phone numbers and it works for just about anything you are searching.  If you want another good test why not search your name or your spouses name and your zip code?  If you have a spare moment send a text to 466453 and enter Sam Miller Realtor, Mount Vernon, Ohio 43050 and see what comes up.

There are so many potential uses for this service and once you play with it a bit you will quickly see the many possibilities.  Your family will love it, your past clients will love it, your team will love it, I have a feeling that pretty much anyone with a cell phone will find a use for it at some point.  The key to remember is that if you do not have a text messaging account you will get charged a non contract text message rate.  For those of us with text messages contracts and especially those of us who have unlimited text messaging this is a feature that we will be using on a very regular basis.  Google has done it again and the speed of this service is amazing.

Winter Snow Storm Hits Knox County Ohio

by Sam Miller

Knox County Ohio residents got a big surprise this past weekend when 16 inches of snow fell within a 24 hour period.  This was the largest single day snow storm for Ohio that was recorded in more than 50 years.  On Friday March 7th the county was declared a level 2 snow emergency which means motorists were advised to say home.  On March 8th they raised the snow emergency to a level 3 which means only emergency vehilces are allowed to be on the roads.  When I woke up Sunday morning the roads were amazingly clean and it was very obvious that the city, the townships and the county had all worked around the clock and their efforts paid off in a big way.  Mount Vernon Schools were open Monday morning and the drive to work was smooth with no issues.   Traveling the roads in Mount Vernon, Fredericktown, Howard, Gambier, Centerburg and Apple Valley should be back to business as usual and in record time.

Kokosing Gap Trail: Ohio’s Finest Rail to Trail

by Sam Miller

Once an active branch of the Pennsylvania Railroad, the Kokosing Gap Trail offers Knox County residents a relaxing and very scenic means of exercise and recreation. Opened in 1991, the Trail is a 10-foot wide paved path that stretches 13.5 miles from Mount Vernon to Danville. Along its course, the Trail follows Knox County’s scenic Kokosing River and surrounding countryside. Forested hills, wetlands, family farms, and the river itself offer pleasant scenery, and many opportunities for memorable photos. Beginning in Mount Vernon’s Phillips Park, the trail runs east to historic Gambier, the home of nationally respected Kenyon College. Here, one can stop for a rest at one of the Trail’s restroom facilities and take photos with one of the Trail’s travelers from the past: and old steam engine, coal car, flatbed and caboose; a standing reminder of the legacy of America’s once great railroad system.

 

From Gambier, the trail continues northeast towards Howard, where the beautiful Apple Valley Lake and resort are located. Here, Trail goers will pass underneath Route 36 through a stone-arched tunnel, and then continue on towards Danville. It is in Danville where the 13.5-mile Kokosing Gap Trail ends, but if one wishes to travel further, the Mohican Valley Trail, which opened to the public in 1999, begins only a few blocks from where the Kokosing Trail ends.

 

Many people use the Kokosing Gap Trail. Its close proximity to Mount Vernon Nazarene University and Kenyon College in Gambier makes it an excellent place for college students to get away from the stress of campus life and prevent the infamous Freshman 15. It is a great way for families to spend peaceful, quality time together, and instill in young children good exercise habits and a respect and love of nature. The Trail is an excellent way for anyone, of any age, to get the exercise needed to live a healthy, happy life.

 

The Trail is also a great place for nature lovers. In addition to the common squirrel, chipmunk, and deer, the Kokosing Gap Trail is also a great place for bird watchers. One of the most inspiring sights at the Trail is the rare spotting of the American Bald Eagle. At least one mating pair is reported to soar the skies along the Kokosing River, making the Trail one of the best places to try and spot this majestic, once endangered, bird of prey. With the 4th of July fast approaching, the spotting of the American Bald Eagle within Knox County could be one of the most memorable sights of the summer.

 

Parking for the Kokosing Gap Trail can be found in Mount Vernon, Gambier, Howard, and Danville. The trail features several river crossings on wooden-decked steel bridges, a few of which include observation decks where people can rest and take in the scenery or take a few photos. Recently, there has been some talk on extending the Trail to also run north to Fredericktown, Ohio. The Kokosing Gap Trail is a beautiful, relaxing stretch of path, which is enjoyable to people of all ages and backgrounds. Whether biking, walking, running or skating, the Trail is an excellent venue for exercise and shows off the beauty and rich history of Knox County.

Displaying blog entries 21-30 of 30

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