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Local Market Update – December 2014

Lucas & Upper Wood County December sales of single-family homes in Lucas and Upper Wood County, reported by the Toledo Regional Association of REALTORS®, totaled 388. This was an increase of 2% compared to December of 2013, and an increase of 13% compared to the previous month. Sales volume generated by December’s activity totaled $45.3 million, which was down 7% from 2013. 485 listings were added to the system in December, which was up 16% from last December’s 417, but down 6% from last month. Inventory of single-family listings showed 3,331 available at month’s end which represented a supply of 8.6 months. This is unchanged from December of 2013 and down 17% from the previous month.   Year to date figures show closed sales are up 2% , median sales price is up 5% and total volume is up 4%.

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December 2014