Volo Real Estate Market Update August 2018


Real Estate In Volo is a balanced market favoring buyers. There is significant amount of homes for sale in Volo, and buyers are not in a rush to buy yet. There is a 7.85 months supply of inventory on the market in Volo on August 31, 2018.



Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Volo last month was 22 days.
It took on average 23 days to sell Volo Condo, Townhouse or a Duplex.
The number of home sales in Volo from July 1, 2018 through July 31, 2018 was 18 units. That is 1% above the number of homes sold last month in Volo.

The average price per square foot in the area is now $100/Sq.Ft, which is 8% a decline from last month.



In Volo there were 5 units sold in July in the price range between $117,000 – $168,334 with an average of 2.6 bedrooms and 2.2 bathrooms and average Square footage of 1,653SF.

In Volo there were 9 units sold in July in the price range between $168,335 – $281,148 with an average of 3.3 bedrooms and 2.1 bathrooms and average Square footage of 2,031SF.

In Volo there were 4 units sold in July in the price range between $281,149 – $342,630 with an average of 3.5 bedrooms and 2.1 bathrooms and average Square footage of 2,413SF.

The low price range had the most activity. Homes up to $168,334 were on the market on average 26 days and sold an average of $155,980.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Volo. Search all Volo homes for Sale on propertyup.com If you are considering viewing Volo, you may want to do so now!

Volo
Jun 1, 2018 – Jun 30, 2018
Jul 1, 2018 – Jul 31, 2018
Month
June
July
Average Listing Price
$237,843
$239,616
Median Sales Price
$229,476
$219,667
Month supply of inventory
7.7
7.9
Market Time Detached
18 days
22 days
Market Time Attached
45 days
23 days
Inventory
111 properties
115 properties
Low price range
$140,000 – $184,738
$117,000 – $168,334
Low price range market time
56 days
26 days
Low price range units sold
0
5
Low price range bedrooms
2.9
2.6
Low price range bathrooms
2.2
2.2
Low price range approx sqft
1,646 SF
1,653 SF
Mid price range
$184,739 – $277,385
$168,335 – $281,148
Mid price range market time
30 days
14 days
Mid price range units sold
7
9
Mid price range bedrooms
3.7
3.3
Mid price range bathrooms
2.1
2.1
Mid price range approx sqft
2,142 SF
2,031 SF
High price range
$277,386 – $325,295
$281,149 – $342,630
High price range market time
2 days
39 days
High price range units sold
6
4
High price range bedrooms
3.8
3.5
High price range bathrooms
2.1
2.1
High price range approxsqft
2,635 SF
2,413 SF

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source http://realestatevibe.com/volo-real-estate-market-update-August-2018/

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