Apple Valley Lake Community Residential Home Sales Activity For September 2008
Wednesday, October 8, 2008
The real estate sales activity for home sales in Central Ohio at the Apple Valley Lake was a another pleasant surprise again this past September. This past month the Knox County Board of Realtors reported 11 residential home sales in Apple Valley. The average sales price for September was $191,333. For the second month in a row we saw increased demand for Apple Valley lakefront homes and the two highest priced sales sold for $375,000 and $530,000 in September.
As an Apple Valley Real Estate Specialist I have been hearing a lot of discussion about the housing market lately. It seems that everyone has an opinion about real estate these days and what is interesting is that most people have some inaccurate views on what the local Apple Valley housing market is doing. I want to be clear that it is not the viewer or reader that is wrong but what is wrong is the way the media is talking about home values. I heard last week that home values are down 25% and I had to laugh. Knox County Ohio has NOT seen home values drop even close to this and the reality is that during the past two months we have actually seen increases in the average sales prices in Apple Valley and the higher priced homes are MORE desirable because of the lower interest rates.
Don't assume that what is happening in Phoenix, San Francisco, Detroit, Naples or any other metro market has anything to do with the real estate trends that are taking place at our Apple Valley Lake Community. Something that is not generally into consideration by most people is that Knox County Ohio has two very large, growing businesses who both specialize in the energy business. The energy business is booming and the backlog of orders is extensive so the continued work is solid. Both these manufacturing plants are experiencing large expansions locally so these are firms with long term plans to stay within our community.
If you are interested in learning more details about the current housing market in Apple Valley, please contact me at 1-800-282-9096 or email me. I can generally offer you advice over the phone and give you direction based on market facts and statistical sales. If you require a detailed home evaluation I am happy to help you. If you have already left Apple Valley for the season we can make arrangements to view your home and review the estimate either over the phone or I can e-mail you a written evaluation in PDF file format.
Also, if you have a family member who you believe could benefit from buying and investing in a home we would love to help them.
Enjoy the fall seasonal colors and remember to take lots of pictures.
Sam Miller
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