Ohio Market Watch: Multiple offers continue to be the trend

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Ohio Market Watch: Multiple offers continue to be the trend

August 21st, 2018 by Amanda Stuchell

By Greg Stitz, Ohio REALTORS Director of Research

Last July 42 percent of respondents to Ohio REALTORS monthly housing market confidence survey received only one offer on their latest sale. This July the percentage receiving only one offer dropped to 30 percent. This means 70 percent of respondents received two or more offers on the last residential sale they closed. Looking more closely at the percentage breakout: 52 percent of respondents received two or three offers, 12 percent received four or five offers and 6 percent received six or more.

Categories: Community

Ohio Market Watch: Multiple offers continue to be the trend

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