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Home Prices In West Chester Ohio for December 2012

December 9, 2012 by Eric Lowry Leave a Comment

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. 

Get Free Community Reports For West Chester OH

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.

Filed Under: Eric Lowry's Articles, LowryTeam.com Real Estate Market Trends Report, West Chester OH Real Estate Market Reports Tagged With: Eric Lowry, Finding My Homes Value, Home Prices, Home Prices In West Chester Ohio for December 2012, LowryTeam.com, Search Homes For Sale, West Chester Ohio Real Estate

West Chester & Liberty Twp OH Real Estate: Tuesday Open House – March 29, 2011

March 29, 2011 by Eric Lowry Leave a Comment

It’s Tuesday, so this must be the Tuesday Open House.

What is Tuesday Open House?? Well, it’s clearly not an “open house”. Open Houses don’t sell homes… good internet marketing does… but it seemed like a good title for this weekly blog post.

It is my way of throwing the doors open on the RealEstate-Ink.com blog and offering up a few quick articles and facts on real estate for the West Chester, Liberty Township, Beckett Ridge, Mason and Fairfield Township, Ohio areas. It is not intended to be all about homes for sale, but it will be about that some of the time…

Mortgage Interest Rates - Get PreapprovedMortgage Interest Rates:  The tax credits are gone and if you are looking for a reason to buy a home, look no further.  Thirty year fixed rate mortgages are 4.85% today.  The difference that this rate can make in your monthly payment is amazing.  Just look at this example of what these low rates really mean:

$200,000 mortgage amount @ 5.50%  =  $1135.58 monthly principal & interest payment

$200,000 mortgage amount @ 4.85%  =  $1055.38 monthly principal & interest payment

This example shows a monthly savings of $80 on your mortgage payment and this is compared to a mortgage interest rate of 5.50% which is a historically low rate itself!

 

Need Mulch? If you are preparing your home to get it on the market for salesoon,  don’t forget the curb appeal. As the old saying goes… you only get one chance to make a good first impression. So clean up the landscaping and get yourself some fresh mulch. I’m not sure that there is a better way to go than to get it from the boy scouts. They even deliver! You can just go directly to the boy scouts site right here. My mulch is being delivered in just a couple of weeks…anyone like to help??

 

 

Has the real estate market stabilized? Get your personal real estate market update and monitor home values in your neighborhood.  You’ll see homes for sale in your neighborhood right now, you’ll see detailed information on homes that have sold and best of all this personal market update will be delivered completely free and directly into your inbox with no obligation.  Get your real estate market update right now at www.HomeValuesInCincy.com

 

 

Our facebook fan page of the week is: The Cincinnati Reds  It is opening day in Cincinnati this week after all!  You can find information on the Reds, information on events and giveaways and great player information.  As of this writing their page has 314,242 fans, so I ask that you check out their fan page, become a fan and invite your facebook friends to do the same.

While you are on facebook checking out the Cincinnati Reds fan page, please visit and become a fan of our facebook page: www.Facebook.com/LowryTeamRealEstate

What is my home worth? Want to get a good idea of what your home is worth… Get your own Personal Real Estate Market Update

Searching for homes for sale?  Search all of the homes for sale in West Chester, Beckett Ridge, Liberty Township, Mason or Monroe Ohio… Search The MLS

 

Filed Under: Buyers, Eric Lowry's Articles, Financing, Financing Options, Just For Fun, Real Estate Information, Real Estate News, Tuesday Open House Tagged With: Beckett Ridge Realtor, Cincinnati, Eric Lowry, Eric's Hassle Free Listing, Facebook Fan page, Finding My Homes Value, Home Values, Interest Rates, Keller Williams Realty, Liberty Township Real Estate, low interest rates, LowryTeam.com, Mortgages, Ohio, Real Estate News, Relocating To Cincinnati, Relocating To Liberty Township, Relocating To West Chester, Search Homes For Sale, Top Real Estate Agent, Top Selling Realtor, Tuesday Open House, VIPHomeFinder.com, West Chester Real Estate

Liberty Township Ohio Real Estate Market Breakdown – January 2011

January 24, 2011 by Eric Lowry Leave a Comment

Liberty Township OH Real Estate Market Breakdown – January 2011

Last week we broke down the West Chester Ohio real estate market.  This week we take a look at which price ranges are in the best shape from a home sellers perspective in Liberty Township, Ohio and which are not? The best way to measure the general strength of the Liberty Township, Ohio real estate market and to break down it’s different price ranges is to evaluate the amount of homes for sale in both the total area and also in each different price range.

SEARCH ALL HOMES FOR SALE IN LIBERTY TOWNSHIP, OHIO

As you can see in the chart below, just like there was in the West Chester Ohio breakdown, there is clearly more activity in some price ranges than others and certainly more homes for sale in some of the ranges also. In each of the different price ranges you can see the number of homes for sale, the number of homes that have sold in the last six months and the months supply of homes.

The number of homes for sale is a pretty straight forward statistic, the number of homes that have sold in the last six months is used to determine the rate that homes are currently selling. The key number in this chart is the months supply of homes for sale.

A seller’s market would show a month’s supply of less than 5 months, 5-6 months supply of homes for sale is considered a neutral market and anything over 6 months is considered a buyer’s market. The higher the number the stronger the buyer’s market.

Clearly we can see that a number of price ranges, as well as the overall market are a buyer’s market. No surprise there, but when listing a home for sale you must understand the level of pricing pressure and competition so that you employ the correct pricing strategy in selling your home.

Please keep in mind that these statistics are for Liberty Township, Ohio only and should be considered along with the West Chester, Ohio real estate market statistics when making pricing decisions and putting your home on the market.

The groundbreaking for the 2011 Homearama was this past week here in West Chester.  In my next post we will take a look at what the impact of the Home Builders Homearama luxury home show will have on the luxury home price ranges in the next few months in West Chester and Liberty Township, Ohio.

Do you want to track the real estate market activity in your West Chester Ohio neighborhood? Get a free, comprehensive real estate market report sent directly to your inbox at >> Home Values In West Chester Ohio.

Filed Under: Eric Lowry's Articles, Liberty Township Ohio Homes For Sale, Market Update, Real Estate Information, Real Estate Market Reports, Real Estate Market Statistics, Real Estate News Tagged With: Cincinnati, Eric Lowry, Eric's Hassle Free Listing, Finding My Homes Value, Homearama, Homes, Keller Williams Realty, Liberty Township, Liberty Township Ohio Homes For Sale, Liberty Township Real Estate, LowryTeam.com, Luxury Homes, Market Value Of My Home, Ohio, Real Estate Market Expert, Real Estate Market Reports, Real Estate Market Statistics, Search Homes For Sale, Search The MLS, Top Real Estate Agent, Top Selling Realtor, VIPHomeFinder.com, West Chester Real Estate, West Chester Realtor

West Chester Ohio Real Estate Market Update

January 5, 2011 by Eric Lowry Leave a Comment

West Chester Ohio Real Estate Market Update

The West Chester Ohio real estate market update provides data on recent home sales, homes currently for sale, days on market data and list to sale ratios.  Get map views of homes, school information and community information for West Chester and surrounding communities of Mason, Liberty Township, Monroe and Fairfield Township, Ohio.

Get your Personal Real Estate Market Update at our website:  www.LowryTeam.com   

You can start your search for a new home in West Chester, Beckett Ridge or Liberty Township, Ohio right here using our real estate search engine – LowryTeam.com.

Wondering what your home is worth in today’s real estate market?  Request a market analysis here!

Filed Under: Eric Lowry's Articles, Market Update, Real Estate Information, Real Estate Market Reports, Real Estate Market Statistics, Real Estate News, Sellers Tagged With: Beckett Ridge Real Estate, Beckett Ridge Realtor, Eric Lowry, Finding My Homes Value, Home Values, Keller Williams Realty, Liberty Township Real Estate, LowryTeam.com, Market Value Of My Home, My Home's Value, Search Homes For Sale, Search The MLS, Searching For A New Home, Top Real Estate Agent, Top Selling Realtor, VIPHomeFinder.com, West Chester Real Estate

West Chester & Liberty Township OH Real Estate: Preparing Your Home To Sell (Part 3)

November 7, 2010 by Eric Lowry Leave a Comment

Are you getting your home ready to list it for sale?  Preparing to sell a home in West Chester, Liberty Township or Beckett Ridge can be an overwhelming task if you are not prepared.  The process of getting your home ready can be simplified by breaking the areas of your home up into groups. 

In my previous posts, >>Preparing Your Home To Sell, we covered Curb Appeal, Front Entry / Porch & Landscaping and in >>Preparing Your Home To Sell (Part 2) , your first impression was covered. 

Today we will cover the first floor living areas including the formal living room & dining rooms, the family room and first floor study.  When you are trying to get propspective buyers to fall in love with your home, you need to offer them enough space that they can easily imagine themselves and their belongings living comfortably in your home.  They are going to make observations about whether the space inside your home feels open and spacious or tight and cramped.  Give the buyers the vision of enough space for their wants and needs and you will get your home sold.

De-Personalize:  Everyone’s home is defined by the homeowner’s personal taste and right now your home is defined by yours.  You need to transform your home to meet your buyer’s need.  To do this, you must take “you” out of your property.  In essence what you are doing is de-cluttering.  You will eventually have to pack up your belongings anyway,  so start now by packing up all of your collections of figurines, sports collectables, commerative dishes, etc.  At best these collections will distract buyers from truly seeing your home, worse yet they may likely see them as clutter.

**Keep in mind; you may need to rent a storage space for a short period of time to store all of the items that you are going to be packing up and/or moving early.**

In the family room and formal living room you will need to remove or replace any personal or family photos.  You want buyers to feel at home in your property and if they are surrounded by photos of you and your family they will feel as though they are just guests in your home.  They may also be distracted from looking at the features of your home by all of your photos.  Also needing to be removed are any signs, pillows or plaques with written sayings on them.  There are many great quotes to be found on household items, they just don’t have a place in the home sale process.

In these rooms less furniture is better also.  Take an honest look at how much furniture you have.  Can you remove that extra table to open up some space?  Any furniture that blocks a window must be removed.  Removing the ottoman is almost always a good idea also.  Any freestanding bookcases in these two rooms must go.  They aren’t adding any value and they certainly have clutter on the shelves.  Also needing to be removed are baskets, decorative screens, magazine stands and all live plants.  Remove all items from fireplace mantels and from window sills.

In the dining room, remove any leaves from the dining room table until there are no more than 4-6 chairs situated around it.  Again, here in the dining room all collectibles, excess dishware, etc. must be removed.   Any glass enclosed dining room furniture pieces should be very sparcely decorated/filled.

In the study/home office the desk top must be completely cleared off of all stacks of papers, files, magazines, etc.  All extra tables, freestanding bookcases and mis-matched file cabinets must be removed as well.  On the walls, all of the awards, diplomas and photos must also be removed.  This space must be staged to create a space that the buyer can picture themselves working in.  If this space is being used as something other than a home office or if the furniture here is mismatched, consideration should be given to buying a nice desk and chair to stage this room or contact a home stager for rental options.  Any built-in bookshelves in this room or any other room in the house should hold only hardcover books that fit properly on the shelves.  No paperback books or oversized books, pack them up!

Why do you have to do all of this you ask?  Because you are going to be trying to sell your home for the highest  possible price that you can get and clutter costs money.  De-cluttering your home for sale will help you sell for more.  If you list your home for sale without doing any home staging and your home doesn’t sell, your 1st price reduction is likely going to be $5,000 – $10,000, so de-clutter.  It’s worth it!  Keep in mind I’m not suggesting you throw your belongings away, just pack them up and put them in storage.  All you are really doing here is getting a jump start on the packing for when your home sells.

You are now on your way to creating a great  impression for home buyers as you continue preparing your home for sale in today’s West Chester, Liberty Township, Beckett Ridge and Mason, Ohio real estate market.  In the next post in this series of articles we’ll cover Preparing Your Kitchen.

Read the first article in this series here >>  Preparing Your Home For Sale In Today’s Real Estate Market (Part 1)

Read the second article in this series here >> Preparing Your Home To Sell In Today’s Real Estate Market (Part 2)

Wondering what your home is worth in today’s real estate market? Request a market value analysis here!

Filed Under: Eric Lowry's Articles, Preparing Your Home For Sale, Real Estate Information, Real Estate News, Sellers Tagged With: Beckett Ridge Homes For Sale, Cincinnati, Eric Lowry, Eric's Hassle Free Listing, Finding a Realtor, Finding My Homes Value, Liberty Township Real Estate, LowryTeam.com, Market Value Of My Home, Mason Ohio Real Estate, Ohio, preparing your home for sale, Preparing Your Home For The Market, Relocating To Beckett Ridge, Relocating To West Chester, Selling A Home, Selling A Luxury Home, Top Real Estate Agent, Top Selling Realtor, VIPHomeFinder.com, West Chester Real Estate

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