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Most Expensive West Chester Home Sales 2017

January 12, 2018 by Eric Lowry

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Most Expensive West Chester Home Sales 2017

Most Expensive West Chester Home Sales 2017The luxury home market in 2017 slowed down a bit compared to previous years. In 2017, there were 29 luxury home sales compared to 36 luxury home sales in West Chester in 2016. There were also 36 luxury home sales in 2015.

The current inventory of luxury homes for sale in West Chester is on par with the luxury home inventory levels in other similar areas, illustrating the fact that the West Chester luxury market is pretty healthy.

Only two of these luxury home sales were new construction homes, which were sold in the Oaks of West Chester Subdivision which was the location of the Homearama luxury home show in 2016. In previous years, a fairly large part of the activity in the West Chester luxury home market had been driven by new construction. That is not the case for 2017.

The Top Ten Most Expensive West Chester Home Sales in 2017 (see below) were sold in a range from $640,000 – $820,000. In 2016, the range was $680,000 – $1,200,000.  Of these ten home sales, 2 were in the Oaks of West Chester, 3 were in Reserves of Providence, 2 were in Wetherington, 2 were in Indian Springs, and 1 was in Foxborough.

Most Expensive West Chester Home Sales 2017

Address – Sale Price – Subdivision

7134 Laurel Oaks Drive – $820,000 – Oaks of West Chester

7163 Laurel Oaks Drive – $790,000 – Oaks of West Chester

4476 Somersby Court – $760,000 – Reserves of Providence

7026 Southhampton Lane – $705,000 – Reserves of Providence

7283 Charter Cup Lane – $675,000 – Wetherington

6956 Southhampton Lane – $673,000 – Reserves of Providence

7685 Indian Pond Court – $665,000 – Indian Springs

7689 Indian Pond Court – $650,000 – Indian Springs

7735 Legendary Lane – $650,000 – Wetherington

4719 Guildford Lane – $640,000 –  Foxborough

Questions about the West Chester Ohio Real Estate Market?
Call/text Eric Lowry  513-368-3751

West Chester Home Values

Filed Under: Eric Lowry's Articles, West Chester OH Real Estate Market Reports, West Chester Ohio Homes For Sale Tagged With: highest priced homes West Chester, Keller Williams Realty West Chester Ohio, luxury home specialists, Luxury homes for sale in west chester ohio, Most Expensive West Chester Home Sales 2017, The Lowry Team, Top Realtors in Cincinnati

Most Expensive Home Sales in West Chester 2016

April 1, 2017 by Eric Lowry

Most Expensive Home Sales in West Chester 2016

Most Expensive Home Sales in West Chester 20162016 saw the luxury home market in West Chester Ohio continue at a steady pace.  There were 36 luxury home sales in West Chester in 2016, and there happened to also have been 36 luxury home sales in 2015.

The current inventory of luxury homes for sale in West Chester is on par with the luxury home inventory levels in other similar areas, illustrating the fact that the West Chester luxury market is pretty healthy. A fairly large part of the activity in the West Chester luxury home market is being driven by new construction.

The inventory of homes for sale in West Chester 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 14 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 West Chester in 2016 (see below) were sold in a range from $680,000 – $1,200,000.  Of these ten home sales, 5 were in the Oaks of West Chester, 2 were in Reserves of Providence, 2 were in Wetherington, and 1 was in Treillage.

Most Expensive Home Sales in West Chester 2016

Address – Sale Price – Subdivision

7244 Barrister Court – $1,200,000 – Reserves of Providence

7096 Kendal Lane – $918,000 – Reserves of Providence

7184 Laurel Oaks Drive – $889,000 – Oaks of West Chester

4268 S Observatory – $858,506 – Treillage

7143 Laurel Oaks Drive – $810,000 -Oaks of West Chester

7133 Laurel Oaks Dr – $800,000 – Oaks of West Chester

7291 Charter Cup Lane – $799,000 – Wetherington

7153 Laurel Oaks Drive – $699,500 – Oaks of West Chester

7154 Laurel Oaks Drive – $692,000 – Oaks of West Chester

7404 Sea Pines Place – $680,000 – Wetherington

Six of these luxury home sales were new construction homes.  Five of these newly built homes were sold in the Oaks of West Chester Subdivision which was the location of the Homearama new home show in 2016, and one of the newly built homes was sold in Treillage.

Questions about the West Chester Ohio Real Estate Market?
Call/text Eric Lowry  513-368-3751

West Chester Home Values

Read About the Most Expensive Home Sales in Liberty Township Ohio

Read About the Most Expensive Home Sales in Mason Ohio

Filed Under: Eric Lowry's Articles, West Chester OH Real Estate Market Reports, West Chester Ohio Homes For Sale Tagged With: Best Real Estate Agent in West Chester Ohio, Eric Lowry, homes for sale in Oaks of West Chester, homes for sale in the Reserves of Providence, homes for sale in Treillage, homes for sale in Wetherington, Keller Williams West Chester, luxury homes Realtor in Cincinnati, Most Expensive Home Sales in West Chester 2016, new construction homes for sale in west chester, The Lowry Team, Top Realtor in West Chester Ohio, West Chester Home Values, West Chester Ohio Real Estate Market

West Chester Real Estate Market Update – January 2016

January 27, 2016 by Eric Lowry

Year Ends Strong in Sellers’ Market for West Chester

West Chester Real Estate Market UpdateWest Chester Real Estate Market ended in a 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. Inventory typically is lower this time of year, however it’s at its lowest point in several years. Thinking of selling your home? This significant lack of inventory makes right now a fantastic time to get your home listed for sale.

Year Ends Strong in Sellers' Market for West ChesterThe average sale price of homes in West Chester is $230,940, which is up 1.08% 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 West Chester is 66 days, compared to 70 last winter. The average list to sale price ratio for West Chester Real Estate is down slightly at 95.95% compared to last year’s 96.69%. This number describes what percentage of the list price homes are actually selling for.

Questions about the West Chester Real Estate Market?
Contact The Lowry Team at 513-874-1830.

West Chester Home Values

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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Filed Under: Eric Lowry's Articles, Real Estate Market Reports, West Chester OH Real Estate Market Reports, West Chester Ohio Homes For Sale Tagged With: Eric Lowry, Houses for sale in West Chester Ohio, Keller Williams Realty West Chester, LowryTeam.com, The Lowry Team, West Chester Ohio Homes For Sale, West Chester Ohio Houses For Sale, West Chester Ohio Real Estate, West Chester Ohio Real Estate Agent, West Chester Ohio Realtor, West Chester Real Estate, West Chester Real Estate Market Update - January 2016

West Chester OH Most Expensive Luxury Home Sales In 2015

December 9, 2015 by Eric Lowry

West Chester OH Most Expensive Luxury Home Sales In 2015

2015 saw the luxury home market in West Chester Ohio continue a slow steady pace.  There were 31 luxury home sales in West Chester in the first eleven month’s of 2015 compared to 35 luxury home sales in the same period in 2014.

The inventory of luxury homes for sale in West Chester 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 relatively high historically for West Chester.  A fairly large part of the activity in the West Chester luxury home market is being driven by new construction.  This new construction in the luxury market is almost exclusively in the Foxborough Subdivision and the Treillage Subdivision.

The inventory of luxury homes for sale in West Chester 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.

West_Chester_Luxury_Home_Search

The Top Ten Most Expensive Home Sales in West Chester in 2015 (see image below) were sold in a range from $675,000 – $1,089,3810.  Of these ten home sales, 3 were in the Wetherington Subdivision, 3 were in the Reserves Of Providence Subdivision, 1 was in Indian Springs Subdivision and 3 were in Treillage Subdivison.

West_Chester_Most_Expensive_Home_sales_2015

3 of these luxury home sales were new construction homes.  All 3 of these newly built homes were sold in the  Treillage Subdivision.

Have questions on the West Chester Ohio Real Estate Market?  Call Eric Lowry  513-368-3751

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West Chester Home Values

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’s culture is that of a fun, high energy group who prides themselves on providing personal, professional real estate service.

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.

Filed Under: Eric Lowry's Articles, Real Estate Market Reports, West Chester OH Real Estate Market Reports, West Chester Ohio Homes For Sale Tagged With: Buying A Luxury Home, Eric Lowry, Foxborough subdivision, Keller Williams Realty West Chester, Luxury Home Sales, Moving To West Chester, Reserves Of Providence subdivision, Top Selling Real Estate Agent, Treillage Subdivision, West Chester OH Homes For Sale, West Chester OH Most Expensive Home Sales In 2015, Wetherington subdivision

West Chester and Liberty Township Ohio Real Estate Market Report

August 26, 2015 by Eric Lowry

West Chester and Liberty Township Ohio Real Estate Market Report

Click Here To Find Your Home's Current Market Value In Seconds!West Chester and Liberty Township Ohio Home Sales were flat when compared to the sales in West Chester and Liberty Township in July 2014.  The 176 closed home sales in West Chester and Liberty Township in July is exactly one more than July 2014.  Sales remain at the highest levels that we have seen since 2005. The ability for the sales levels to continue to increase is limited right now by a shortage of available homes for sale.

West Chester and Liberty Township Ohio Average Sale Prices were up 5.04% in July 2015 when compared to July of 2014. Average sale prices for West Chester and Liberty Township for year to date 2015 are now up 3.82% compared to 2014.  The trend with home prices continues to be one of gradual and steady increases.

FIND YOUR WEST CHESTER AND LIBERTY TOWNSHIP HOME VALUE HERE

Days On Market for West Chester and Liberty Township Homes that closed in July 2015 was 61 which is virtually the same as July 2014.  61 days on market is historically a very low number and continues to reflect the fact that nice homes priced correctly are selling very quickly.

List to Sale Price Ratio for homes sold in West Chester and Liberty Township Ohio in July 2015 was 97.19% which is slightly higher than July 2014’s 96.51% These 97% plus ratios are very high and are also an indicator of both market strength overall and the continued shortage of homes for sale. Homes on the market less than 30 days sold for 97.91% of list price in July.  

The Inventory of Homes for Sale in West Chester and Liberty Township has been low for quite some time now and has even dropped slightly lower. The current level of supply is at 3.3 months of inventory of homes for sale.  6 months supply reflects a balanced market, anything less than 6 months represents a seller’s market, which we are clearly in.

Interest Rates in the West Chester and Liberty Township area remain very low and have largely been very stable.  The current rate for a 30 year fixed rate loan is approximately 3.99% for a conventional loan and approximately 4.25% for an FHA loan.

For more information on the West Chester and Liberty Township Ohio real estate market contact:

Eric Lowry, Team Leader & Listing Specialist    513-368-3751

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Filed Under: Eric Lowry's Articles, LowryTeam.com Real Estate Market Trends Report, Real Estate Market Reports, West Chester OH Real Estate Market Reports Tagged With: Eric Lowry, Keller Williams Realty West Chester, Liberty Township Home Values, The Lowry Team, West Chester and Liberty Township Ohio Real Estate Market Report, West Chester home sales, West Chester Home Values, West Chester Ohio

West Chester and Liberty Township Ohio Real Estate Market Report

October 3, 2014 by Eric Lowry Leave a Comment

West Chester and Liberty Township Ohio Real Estate Market Report

West Chester and Liberty Township Home SalesWest Chester and Liberty Township Ohio Home Sales were flat when compared to the sales in West Chester and Liberty Township in August 2013.  The 167 closed home sales in West Chester and Liberty Township in August remains at the highest levels that we have seen since 2005. The ability for the sales levels to continue to increase is limited right now by a shortage of available homes for sale.

West Chester and Liberty Township Ohio Average Sale Prices were up 19.64% in August 2014 when compared to August of 2013. Average sale prices for West Chester and Liberty Township for year to date 2014 are now up 10.51% compared to 2013.  The trend with home prices continues to be positive.

FIND YOUR WEST CHESTER AND LIBERTY TOWNSHIP HOME VALUE HERE

Days On Market for West Chester and Liberty Township Homes that closed in August 2014 was 66 which is the same as both August 2013 and July 2014.  66 days on market is historically a very low number and continues to reflect the fact that nice homes priced correctly are selling very quickly.

List to Sale Price Ratio for homes sold in West Chester and Liberty Township Ohio in August 2014 was 97.15% which is just slightly lower than July 2014’s 97.43% These 97% plus ratios are very high and are also an indicator of both market strength overall and the continued shortage of homes for sale. Homes on the market less than 30 days sold for 98.32% of list price in August.  West Chester and Liberty Township List to Sale Price

The Inventory of Homes for Sale in West Chester and Liberty Township has been low for quite some time now and has even dropped slightly lower. The current level of supply is at 3.5 months worth of homes for sale compared to last month when the month’s supply was 3.8.  

Interest Rates in the West Chester and Liberty Township area remain very low and have largely been very stable.  The current rate for a 30 year fixed rate loan is approximately 4.25% for a conventional loan and approximately 4.125% for an FHA loan.

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Filed Under: Buyers, Eric Lowry's Articles, LowryTeam.com Real Estate Market Trends Report, Market Update, Real Estate Market Reports, Real Estate Market Statistics, Sellers, This Month In Real Estate, West Chester OH Real Estate Market Reports Tagged With: Home Values, Housing Market, Interest Rates, Keller Williams Realty, Liberty township average sales prices, Liberty Township home sales, Liberty Township Ohio Homes For Sale, Liberty Township Real Estate, LowryTeam.com, Market Value Of My Home, Real Estate Market Reports, The Lowry Team, This Month In Real Estate, West Chester and Liberty Township home values, West Chester and Liberty Township Ohio Real Estate Market Report, West Chester home sales, West Chester Ohio average sale prices, West Chester Ohio Homes For Sale, West Chester Real Estate

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