The end of 2017 was a great year for the Fostoria housing market as compared to 2016.
There was a 5.9% increase in the number of single family homes sold and a 7.5% increase in the average sales price. The 13.2% decrease in the number of days on the market indicates houses continued to move quickly. Finally, the sale price to list price ratio through the end of 2017 was 95.96% which is up from the 93.48% in 2016.
Watch for quarterly updates on the market performance.
The above information was compiled from the Heartland Board of Realtors Multiple Listing Service.