Here’s a look at the real estate market report for Mason and West Chester for December 2018. The number of active listings in both areas shows a decrease this month. Let’s take a closer look at the real estate numbers for Mason and West Chester.

A Look at the Housing Stats for Mason

December in Mason began with 37 active listings, which is showing a decrease from last month’s active number. There were 63 pending sales, which is showing an increase from the 49 pending sales last month.

There were 63 homes sold in November with an average listing price of $339,975. This amount is up from the $312,428 recorded in October.

The average sale price for November was $332,407. This amount shows an increase from the $304,865 from the previous month.

The median sale price for homes in the Mason area was $279,000. This amount shows an increase from the $258,750 last month.

There were 13 two-bedroom, 18 three-bedroom, 27 four-bedroom, and 5 five-bedroom homes sold during the month of November.

A Look at the Housing Stats for West Chester

We entered December in West Chester with 60 active listings. This number is down from the 93 active listings recorded last month.

There were 112 homes sold during the month of November. The month ended with 63 pending sales.

The average listing price for homes sold in the West Chester area for November was $387,341. This amount is up from the $306,595 in October.

The average sale price was $283,900, which is down from the $300,877 last month. The median sale price comes in at $264,500, which is also down from the $279,859 recorded for the previous month.

There were 35 three-bedroom, 57 four-bedroom, and 8 five-bedroom homes sold during the month of November. Four-bedroom homes continue to be the most popular home choice for buyers in West Chester.

What does this mean for buyers?

The number of active listings is showing a decrease this month over last, but the current pending sales are consistent with the current sales trends for the area. It’s not unusual for new listings to slow down a bit as we move into the winter months of the year.

Those interested in buying a home should sign up for email updatesSet up searches and get alerts when new homes are listed so that you aren’t left in the dark when it comes to new properties that come available during the holiday season.

Homes with three to four bedrooms remain the top choice for home buyers in both areas. There are a limited number of homes with five or more bedrooms, which makes signing up for new listing alerts even more important. Find out if you can afford the extra bedrooms by using the mortgage calculator.

What does this mean for sellers?

Sellers in Mason are receiving 97.28% of their listing price for homes sold. Homes in this area stay on the market for an average of 45 days.

Sellers in West Chester are receiving 97.12% of their listing price for homes sold. The average time a home stays on the market in this area is 35 days.

Thinking of selling your home? Be sure you’re setting your asking price correctly the first time to avoid delays in the sale of your home.

Mason Homes for Sale

See Additional Reports on the Mason and West Chester Real Estate Market

Wondering what your home might be worth? Find out instantly with our 15-second home value calculator.

Here are the most recent home listings just added to the database in the average sale price range for Mason. All homes here are priced at $332,407 or less.

West Chester Homes for Sale

Here are the most recent home listings just added to the database in the average sale price range for West Chester. All homes here are priced at $283,900 or less.

Summary
Mason and West Chester Real Estate Market Report - December 2018
Article Name
Mason and West Chester Real Estate Market Report - December 2018
Description
The average sale price for homes in Mason at $332,407. The average sale price for homes in West Chester is $283,900. See more stats here!
Author
Publisher Name
Mike Wall - EXP Realty
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