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