The 1st quarter of 2017 saw a marked improvement in the Fostoria housing market as compared to the 1st quarter of 2016.
There was a 29% increase in the number of single family homes sold and a 59.5% increase in the average sales price. The 7.8% decrease in the number of days on the market indicates houses are moving more quickly. The sale price to list price ratio for the 1st quarter of 2017 was 93.31%
Watch for quarterly updates on the market performance.
The above information was compiled from the Heartland Board of Realtors Multiple Listing Service.