Mason and West Chester Real Estate Market Report – December 2018

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.

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.

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.

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

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.

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.

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.

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.

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

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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.

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.