Year Ends With Extremely Low Inventory for Mason
The Mason Real Estate Market ended in an extremely strong sellers’ market with a 2.5 month inventory of homes for sale. A 6 month inventory level is considered a balanced market. Anything under 6 months worth of inventory is considered to be an undersupply, favoring home sellers as opposed to favoring home buyers.
If inventory doesn’t increase soon, the market will stall. Thinking of selling your Mason home? This significant lack of inventory makes right now a fantastic time to get your home listed for sale.
The average sale price of homes in Mason is $340,868, which is up .84% from the same time last year. Home prices are on a slow, steady rise; and are expected to continue to increase. Average days on market in Mason is 81 days, compared to 83 last winter. The average list to sale price ratio for Mason Real Estate is up slightly at 97.14% compared to last year’s 96.89%. This number reflects what percentage of the list price homes are actually selling for.
Questions about the Mason Real Estate Market?
Contact The Lowry Team at 513-874-1830.
The Lowry Team – Keller Williams Realty is an award winning, full service real estate firm specializing in West Chester, Liberty Township, Mason, Monroe and the Northern Suburbs of Cincinnati. The Lowry Team is “Different By Design”… taking a team approach to home buying and selling. The Lowry Team consists of members that are focused on areas of specialization including Listing Specialists, Buyer Specialists, Transaction/Listing Coordinator, Inside Sales Associate, and a Marketing Director.
Don’t Hire an Agent…Hire a Team. The Lowry Team.
Buyers and Sellers can reach The Lowry Team Keller Williams at 513-874-1830.
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