West Chester & Mason Ohio Real Estate: This Month In Real Estate – April 2013

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West Chester & Mason Ohio Real Estate: This Month In Real Estate – April 2013

This Month In Real Estate for April 2013:  The Real Estate Market Has Shifted and takes a look at the national home sale numbers.

The real estate market has definitely shifted in recent months.  What does that mean for homebuyers?  Well in previous years most real estate markets have been a buyer’s market. Today, most areas and neighborhoods have transitioned to seller’s markets.

Homebuyers today need to expect competition for homes.  In many areas including West Chester, Mason, Fairfield Township and Liberty Township and in many price ranges multiple offers are back and happening very frequently.

Homes with the best pricing and the best condition go first and sell quickly!  Buyers need to be confident in what they are looking for in a home so that they can act quickly when finding a nice home that meets their needs.  Homebuyers must also get pre-approved!

Get Pre-Approved For A Home Loan Right Here!

Other articles that you may find interesting:

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Thinking Of Buying A Home? You Should Wait!

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Thinking Of Buying A Home?  You Should Wait!

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So you are thinking of buying a home and aren’t sure if now is the right time.  The answer is… You Should Wait!

Why should you wait??

You should wait to buy a new home if you are comfortable paying a higher price for your next home.  The real estate market has improved greatly and while home prices have not started to rise dramatically yet, home prices are going to start edging upward.  We have  a shortage of homes for sale in many areas and neighborhoods and when there is a shortage of a product the price rises.  It’s called supply and demand.

You also should wait to buy a home if you are fine with paying a much higher interest rate for your mortgage.  Rates on 30 year fixed rate mortgages are hovering around 3.25% – 3.50% right now.  Many experts believe that rates will soon begin to rise to above 5.00%, possibly by the end of the year.  How much difference does this make you ask?  On a $200,000 mortgage the payment of principle and interest on a 3.50% mortgage is $898 per month.  When rates rise to 5.00% that same $200,000 mortgage payment is $1073. per month.  That’s a difference of $175. per month or $63,000 over the life of the 30 year mortgage.

You may be thinking you are going to wait until some great deals on foreclosure or bank owned homes come on the market.  In today’s market when foreclosure and bank owned homes come on the market they sell very quickly, many times in multiple offers for much more than their list price.  Be careful… That doesn’t sound like a good deal to me.

So should you really wait?  You should really wait only if it doesn’t make sense to buy a home because of your own personal or family situation.  This is the best time to buy a home, right now.  All sarcasm and silliness aside, interest rates are not going lower and home prices have clearly already hit bottom and are poised to move higher.  Don’t miss out!

If you are going to wait, by all means wait.

If you are ready to start your home search right now, just click here >>  Search Homes For Sale In The Cincinnati MLS!

Looking For Homes For Sale In West Chester Ohio – Click Here!

Looking For Homes For Sale In Liberty Township Ohio – Click Here!

Looking For Homes For Sale In Mason Ohio – Click Here!

Looking For Homes For Sale In Deerfield Township Ohio – Click Here!

Looking For Homes For Sale In Fairfield Township Ohio – Click Here!

Looking For Homes For Sale In Fairfield Ohio – Click Here!

1526 Georgetown Road Miami Township Ohio 45140

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Miami Township OH Homes For Sale:

1526 Georgetown Rd Miami Twp Ohio

1526 Georgetown Road Miami Township OH 45140Terrific Updated Home Located On A Beautiful Wooded Lot! 1526 Georgetown Road Miami Township Ohio.  Kitchen Features Granite Counters, Stainless Steel Appliances & Newer Cabinets, Large Finished Lower Level, Cathedral Master w/Updated Luxury Bath.  Formal Living & Dining Rooms, Hardwood Floors Open Floor Plan, Newer Windows, Home Warranty. Pool Community. Don’t Wait! 1526 Georgetown Road Miami Township Ohio 45140 Home For Sale!!

Get A Free, Detailed Miami Township Home Report Here

Property Details – 1526 Georgetown Road Miami Township OH 45140

[property_details details=”1″]

Property Photos – 1526 Georgetown Road Miami Township OH 45140

Click Here For Current Pricing –  1526 Georgetown Road Miami Township OH 45140  – Miami Township Ohio Home For Sale

Property Map – 1526 Georgetown Road Miami Township OH 45140


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For more information about this home or to schedule a time to see it, please Contact The Lowry Team and we will get back to you as quickly as we can. You may also reach us by phone at 513-874-1830.

View Condos For Sale In Miami Township Ohio here

View Single Family Homes For Sale In Miami Township Ohio here

Find The Value of Your Miami Township Ohio Home Here – Free Analysis!

5575 Pine Cone Court Liberty Township OH 45044

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Liberty Township Ohio Homes For Sale:

5575 Pine Cone Court Liberty Township OH 45044

5575 Pine Cone Court Liberty Township OH 45044

Terrific Waverly Floorplan. 5575 Pine Cone Court Liberty Township, OH 45044.  This Home Features A Gourmet Kitchen w/ Large Island & Walk-In Pantry, Bright Beautiful Morning Room, Two Story Great Room, Finished Lower Level, Luxury Master Suite w/ Sitting Room & Huge Walk-In Closet, 1st Flr Study, Front & Back Staircases, Cul-De-Sac Lot, 3 Car Garage And So Much More!!   Located in Cedar Brooke Subdivision.  Don’t Wait To See This Terrific Home – Liberty Township Ohio Home For Sale!!

Get a Free, Detailed Liberty Township Ohio Home Report Here!

Property Details – 5575 Pine Cone Court Liberty Township OH 45044

[property_details details=”1″]

Property Photos – 5575 Pine Cone Court Liberty Township OH 45044

Click Here For Current Pricing –  5575 Pine Cone Court Liberty Township OH 45044  – Liberty Township Home For Sale

Property Map – 5575 Pine Cone Court Liberty Township OH 45044


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For more information about this home or to schedule a time to see it, please Contact The Lowry Team and we will get back to you as quickly as we can. You may also reach us by phone at 513-874-1830.

View Condos For Sale In Liberty Township Ohio here

View Single Family Homes For Sale In Liberty Township Ohio here

Find The Value of Your Liberty Township Ohio Home Here – Free Analysis!

10744 Jeff Lane Sharonville OH 45241

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Sharonville Ohio Homes For Sale:

10744 Jeff Lane Sharonville Ohio 45241

10744 Jeff Lane Sharonville Ohio Home For Sale

This Is It!  10744 Jeff Lane Sharonville Ohio.  Terrific Updated Kitchen w/42 Inch Cabinets, Corian Countertops, Built-In Ovens & Cooktop.  Home Is Freshly Painted w/ New Carpet Throughout.  Newer Roof (08). Updated Bath.  One Year Home Warranty. Nothing To Do But Just Move In!!.   Don’t Wait To See This Terrific Home – Sharonville Ohio Home For Sale!!

Property Details – 10744 Jeff Lane Sharonville Ohio 45241

[property_details details=”1″]

Property Photos – 10744 Jeff Lane Sharonville Ohio 45241

Click Here For Current Pricing –  10744 Jeff Lane Sharonville Ohio 45241  – Sharonville Home For Sale

Property Map – 10744 Jeff Lane Sharonville Ohio 45241


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For more information about this home or to schedule a time to see it, please Contact The Lowry Team and we will get back to you as quickly as we can. You may also reach us by phone at 513-874-1830.

View Condos For Sale In Sharonville Ohio here

View Single Family Homes For Sale In Sharonville Ohio here

Find The Value of Your Sharonville Ohio Home Here – Free Analysis!

Home Prices In West Chester Ohio for December 2012

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Home Prices In West Chester Ohio for December 2012

West Chester Ohio Real EstateReal estate market data for West Chester, Ohio provided by Eric Lowry of The Lowry Team – Keller Williams Realty

West Chester Home Prices

November continued to show a stabilization in home prices in West Chester Ohio.  The average sale price in West Chester Ohio in November was $200,451 compared to $199,583 in November 2011.  The continued stabilization of home prices in West Chester Ohio is at least partially caused by the shortage of homes for sale, with in fact much of the West Chester real estate market actually in a seller’s market right now.  Home buyers that are searching in the under $140,000 – $180,000 price range in fact find themselves in an extreme seller’s market and cannot afford to wait to to make a decision if they find a great home.  It will sell very quickly.  For home owners that are ready to sell, proper pricing and preparation of the home can result in a very quick sale.

 West Chester Real Estate Market Report

West Chester Ohio Home Prices & Market Report
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West Chester Ohio Real Estate Report Summary

Home sales in West Chester and Liberty Township Ohio in November 2012 were flat when compared to November 2011, showing neither an increase nor decrease.  The last six months sales in West Chester and Liberty Township are up 9.20% when compared to the same period in 2011. 

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The average days on market for homes sold in West Chester & Liberty Township was 82 days which was the best days on market seen in our area in quite some time.  Nice homes priced right and properly staged for sale sell quickly right now.

The median sale price in November 2012 for West Chester & Liberty Township OH homes sold was $190,000 compared to $191,000 in November 2011.  The median sale price for West Chester & Liberty Township OH homes sold in the most recent six months is $195,927, a decrease of .75% when compared to the same period in 2011.

Find Homes For Sale In West Chester Ohio

Visit our website to search for homes in West Chester OH or to be notified when West Chester homes come on the market.

To find out what you home is worth in the current market email Eric or call 513-874-1830.