Here’s a look at the real estate market report for Mason and West Chester for July 2018. The median sale price for homes in Mason and West Chester increased, and we’re seeing more active listings in both areas. Let’s take a closer look at the real estate numbers for these areas.
A Look at the Housing Stats for Mason
At the end of June, there were 76 active listings and 71 pending sales in Mason. There were 104 homes sold with an average listing price of $388,273. This amount shows an increase from the $366,458 average listing price in May. The average sale price for June was $380,514, which shows an increase from the $358,597 of last month. The median sale price for listings is also showing an increase from the $336,973 from last month, with June recording a $350,000 median sale price.
A Look at Housing Stats for West Chester
At the end of June, there were 118 active listings in West Chester. The total number of properties sold was 181, and there were 144 pending home sales. The average listing price for homes sold in this area was $293,000. This amount shows an increase from the $269,563 recorded last month. The average sale price is showing an increase from $266,541 in May to $285,882 in June. The median sale price for listings is $267,000 for June, which shows an increase from the median price of $257,000 that we saw in May.
There were 41 three-bedroom, 70 four-bedroom, and 10 five-bedroom homes sold during the month of June. Four bedroom homes continue to be the most popular home choice for buyers in West Chester. However, we did see an increase in two-bedroom homes this month as we recorded 19 sales.
What does this mean for buyers?
The good news is that the number of active listings increased in both Mason and West Chester for the month of June. This means there are fresh properties for you to explore. Wouldn’t it be great to know when a new home hits the real estate market? It’s possible! Just sign up to get e-mail updates each day. Once you’re signed up to receive updates, you can customize options and choose specific criteria used to pull your listing results.
Sales show that the most popular homes are those with three and four bedrooms. What’s incredible about our search feature is that you can specify the number of bedrooms or bathrooms that you need. Creating a search that is unique and designed for your needs will save you valuable time when looking for homes. Contact us at 513-299-8999 and tell us what you’re looking for in a property. We’ll let you know when something new comes on the market that you’ll want to view.
What does this mean for sellers?
Sellers in Mason are receiving 98.42% of their listing price for homes sold. When you consider that percentage and the 33 average days a home stays on the market in this area, you may want to schedule a time to talk about getting your home on the market.
Sellers in West Chester are receiving 99.46% of their listing price for homes sold. The average time a home stays on the market in this area is 23 days. With the current increase in the average sale price, this is a great time to put your home on the market.
Just thinking about selling your home? Get an idea of your home’s value by completing a home valuation online. Contact us to get a comprehensive home valuation that can help you set the right asking price from the start.