When shopping for a home, the school district may or may not a top priority to your family. However, whether your family has a personal stake in the school district or not, it's important to at least consider the financial impact that a school district has on your investment, since it will impact the resale value and the potential for appreciation. To illustrate this, I am providing the following home sales data, which is real-time, up-to-date information, and interactive (hover over the charts for actual data for any given month). The data tells the story. For the following groups of neighboring school districts, you can compare the average sale price, average price per square foot, and the average days homes stayed on the market ("days on market," or DOM). The data presented is for actual sales of single family homes. Being an educated consumer is important. Two similar homes in close proximity but in different school districts may have a differing value due to the school district. Some differences are more subtle than others. If you are not familiar with the school districts, you may think you are getting a "great deal," but in fact you may be paying the going rate for a less desirable school district. Click the folowing links to skip to any of these five comparisons:
Questions? Please contact me to discuss these statistics or to generate similar customized market data information.