Liberty Township OH Most Expensive Home Sales In 2015
2015 saw the luxury home market in Liberty Township Ohio continue a slow steady pace. There were 24 luxury home sales in Liberty Township in the first eleven month’s of 2015 compared to 22 luxury home sales in the same period in 2014.
The inventory of luxury homes for sale in Liberty Township remains very high relative to the number of homes selling. While the current inventory is high right now, the level of unit sales is still quite high historically for Liberty Township. A large part of the activity in the Liberty Township luxury home market is being driven by new construction. This new construction in the luxury market is almost exclusively in the Carriage Hill Subdivision.
The inventory of homes for sale in Liberty Township is quite high when compared to the amount of homes that are selling. Based on the current rate of sales in the luxury market there is a 12 month supply of homes for sale. Traditionally anything over 6 months worth of inventory is considered to be an oversupply favoring home buyers as opposed to favoring home sellers.
The Top Ten Most Expensive Home Sales in Liberty Township in 2015 (see image below) were sold in a range from $650,527 – $1,250,000. Of these ten home sales, 6 were in the Carriage Hill Subdivision, 2 were in Four Bridges Subdivision, 1 was in Bridgeton Manor Subdivision and 1 was in The Sanctuary.
6 of these luxury home sales were new construction homes. All 6 of these newly built homes were sold in the Carriage Hill Subdivision which has been the location of the Homearama new home show on 2 occasions recently.
Have questions on the Liberty Township Ohio Real Estate Market? Call Eric Lowry 513-368-3751
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Q. Where will 30 year mortgage rates be in 12 months?
interest rates than anyone in the last 4 decades. In the 70’s interest rates averaged 8.86%, in the 80’s they were 12.7%, in the 90’s they averaged 8.12% and in the 2000’s they were 6.29%.
