At the end of the 1st quarter of 2018 the Fostoria housing market continued to improve when compared to the 1st quarter of 2017.
There was a 6.25% increase in the number of single family homes sold and a 47.873% increase in the average sales price – 8 homes sold over $150,000 during the first quarter. Additionally, there was a 22.52% decrease in the number of days on the market as opposed to 2017. The sale price to list price ratio through the 1st quarter of 2018 was 94.08%
Watch for quarterly updates on the market performance.
The above information was compiled from the Heartland Board of Realtors Multiple Listing Service.