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Existing Homes Report

Monthly market data for existing homes

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Existing Homes Report • Southeastern • February 2020

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Supply

Inventory of Existing Homes

Average daily inventory
February 2020
292
Expected range of N/A–N/A
Month-over-month
-11%
Typical change is about Not enough data
Year-over-year
-33%
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February 2020
292
Expected range of N/A–N/A
Month-over-month
-11%
Typical change is about Not enough data
Year-over-year
-33%
View source and notes...

Last update: March 7, 2020, midnight Source: IAR MLS Data Warehouse Data notes: A listing counts in inventory if its status is active, not pending or sold. Inventory fluctuates constantly, so we calculate the monthly measure as the inventory at the start of each day average across the entire month. Expected values were refit in August 2026 and now align to the month they describe. Southeastern includes Dearborn County, Ohio County, Ripley County, Switzerland County, Washington County.

New Listings of Existing Homes

Monthly total by listing date
February 2020
131
Expected range of N/A–N/A
Month-over-month
+10%
Typical change is about Not enough data
Year-over-year
+16%
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February 2020
131
Expected range of N/A–N/A
Month-over-month
+10%
Typical change is about Not enough data
Year-over-year
+16%
View source and notes...

Last update: March 7, 2020, midnight Source: IAR MLS Data Warehouse Data notes: Listings may be posted to an MLS system after their listing date. Historically, 92% of listings are posted within three days and 99% within seven days. Expected values were refit in August 2026 and now align to the month they describe. Southeastern includes Dearborn County, Ohio County, Ripley County, Switzerland County, Washington County.

Sales

Closed Sales of Existing Homes

Monthly total of closed sales
February 2020
70
Expected range of N/A–N/A
Month-over-month
-15%
Typical change is about Not enough data
Year-over-year
-9%
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February 2020
70
Expected range of N/A–N/A
Month-over-month
-15%
Typical change is about Not enough data
Year-over-year
-9%
View source and notes...

Last update: March 7, 2020, midnight Source: IAR MLS Data Warehouse Data notes: Sales may be posted to an MLS system after their closing date. Historically, 79% of listings are posted within three days and 96% within seven days. Expected values were refit in August 2026 and now align to the month they describe. Southeastern includes Dearborn County, Ohio County, Ripley County, Switzerland County, Washington County.

New Pending Contracts for Existing Homes

Monthly total of newly pended properties
February 2020
124
Expected range of N/A–N/A
Month-over-month
+9%
Typical change is about Not enough data
Year-over-year
+17%
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February 2020
124
Expected range of N/A–N/A
Month-over-month
+9%
Typical change is about Not enough data
Year-over-year
+17%
View source and notes...

Last update: March 7, 2020, midnight Source: IAR MLS Data Warehouse Data notes: While not all pending contracts result in a closed sale, they are a very strong predictor of sales trends five weeks in the future. Pending contracts may be posted to an MLS system after their pending date. Historically, 81% of listings are posted within three days and 92% within seven days. Expected values were refit in August 2026 and now align to the month they describe. Southeastern includes Dearborn County, Ohio County, Ripley County, Switzerland County, Washington County.

Market Momentum

Median Days on Market for Existing Homes

Days from listing to pending
February 2020
30
Expected range of N/A–N/A
Month-over-month
-58%
Typical change is about Not enough data
Year-over-year
-25%
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February 2020
30
Expected range of N/A–N/A
Month-over-month
-58%
Typical change is about Not enough data
Year-over-year
-25%
View source and notes...

Last update: March 7, 2020, midnight Source: IAR MLS Data Warehouse Data notes: Days on market is the time from listing to pending for listings that went under contract within the period. This is calculated as the difference between listing date and pending date. To filter out erroneous data, this filters out listings with a pending date before 2017. There is delay in entering pending dates, so recent months represent only the portion of sales with a pending date. Expected values were refit in August 2026 and now align to the month they describe. Southeastern includes Dearborn County, Ohio County, Ripley County, Switzerland County, Washington County.

Months of Inventory for Existing Homes

Current supply versus 12-month sales average
February 2020
2.7
Expected range of N/A–N/A
Month-over-month
-11%
Typical change is about Not enough data
Year-over-year
-32%
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February 2020
2.7
Expected range of N/A–N/A
Month-over-month
-11%
Typical change is about Not enough data
Year-over-year
-32%
View source and notes...

Last update: March 7, 2020, midnight Source: IAR MLS Data Warehouse Data notes: Months of inventory is calculated as the current month's supply ÷ the average sales per month over the previous 12 months. Expected values were refit in August 2026 and now align to the month they describe. Southeastern includes Dearborn County, Ohio County, Ripley County, Switzerland County, Washington County.

Price

Median Sale Price for Existing Homes

Median monthly sale price
February 2020
$144,500
Expected range of N/A–N/A
Month-over-month
+0%
Typical change is about Not enough data
Year-over-year
+16%
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February 2020
$144,500
Expected range of N/A–N/A
Month-over-month
+0%
Typical change is about Not enough data
Year-over-year
+16%
View source and notes...

Last update: March 7, 2020, midnight Source: IAR MLS Data Warehouse Data notes: This excludes properties where the sale price is less than half the listing price or greater than twice the listing price, assuming those are errors. The median price represents the middle value of all properties sold. Half of sales had a higher price and half had a lower price. Expected values were refit in August 2026 and now align to the month they describe. Southeastern includes Dearborn County, Ohio County, Ripley County, Switzerland County, Washington County.

Sale Price as Percent of Listing Price for Existing Homes

Monthly average
February 2020
94.1%
Expected range of N/A–N/A
Month-over-month
-1%
Typical change is about Not enough data
Year-over-year
+2%
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February 2020
94.1%
Expected range of N/A–N/A
Month-over-month
-1%
Typical change is about Not enough data
Year-over-year
+2%
View source and notes...

Last update: March 7, 2020, midnight Source: IAR MLS Data Warehouse Data notes: This excludes properties where the sale price is less than half the listing price or greater than twice the listing price, assuming those are errors. Expected values were refit in August 2026 and now align to the month they describe. Southeastern includes Dearborn County, Ohio County, Ripley County, Switzerland County, Washington County.

Demographics

Affordability

Contact

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Phone: 1.800.284.0084

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