The 1st quarter home sales statistics for the Knox County Ohio MLS are in and 55 home successfully sold and closed according to the local MLS.  During the exact same period in 2010 there were 70 homes that successfully sold.  Something to remember about 2010 is that the housing market last year was heavily driven by the government economic stimulus and the home buyer tax credit.  During the 1st quarter of 2011 the Knox County Ohio didn't experience any benefits from incentives yet our housing market was able to maintain over 78% of the total home sales of the prior year.  These home sales figures combined with a longer than normal snow and winter season are actually positive indicators that our local housing market may be headed to a partial recovery.  

As of today there are 405 residential homes for sale within Knox County Ohio according to the Knox County MLS.  This is a very interesting number because the average listing price of these homes is $156,705 yet the average sales price so far this year is only $100,158.  The lower than normal average sales price in Knox County Ohio is partially due to the amount of bank owned home sales that have already sold and closed this year.  Something that many people won't immediately realize is that the average home value HASN'T dropped to $100,158 in Knox County Ohio.  The average sales price of homes that SOLD during the first quarter is $100,158 and that is a big difference than saying the average price of Knox County Ohio homes is $100,158.  The reality is that so far this year the overall market values of Knox County Ohio homes really haven't changed all that much.  

If you're interested in making a move in 2011 I want you to know that all the members of the The Sam Miller Team can help you.  We have an automated system that integrates our MLS system into an html email link which enables you to receive all the newest Knox County Ohio homes and listing updates as they are entered into our Knox County MLS system.  Our system delivers listings so fast that in many cases you will be notified before other competing real estate agents even know these homes are for sale.  If you are tired of missing out on the best deals and you aren't already working with a real estate agent just take a minute and create your FREE personalized home search profile and the Knox County Ohio real estate listings will be sent directly to your email inbox compliments of The Sam Miller Team.