• Home
  • News – Real Estate Ink
  • Search Homes For Sale
  • Selling A Home
    • Your Home’s Value
    • Preparing Your Home For Sale
    • Get A Cash Offer On Your Home
  • Meet Eric Lowry
  • Contact Us

West Chester & Liberty Township OH Real Estate: Home Values

April 1, 2010 by Eric Lowry

Everywhere you look these days there is news on home values.  It’s in newspapers, like the Cincinnati Enquirer, it’s on the web on sites like CNBC.com and USAToday.com and many others. Some is positive news and some news is very negative.

There are somethings to keep in mind here before you go off the deep end regarding your homes current market value.  The first is, don’t forget your basic math. Average sale prices have been going up in some areas, down in others. The average sale price is the just the value that occurs when all of the sales that occur in a given market are added up and divided by the number of sales. For example, if 100 homes have sold for a total sales volume of  $16,570,000. the average sale price would be $167,500. This simply represents the average of all of the homes that have sold and does not establish anything remotely close to a property’s value.

The second thing to remember is, when you hear these national news reports and economists discussing the rising or falling home prices, they are talking about national averages and these have nothing to do with our market values in West Chester, Beckett Ridge, Liberty or Fairfield Township areas.

These national reports are very much like getting a national weather forecast.  The average temperature in the United States tomorrow is not likely going to effect your life very much.  What you want to know if what the weather is going to be here tomorrow and if you are concerned about your homes value, you need to know the market data for our area, not some large metro area or state or country.

The best way to determine the value of your home is to get it analyzed by an experienced real estate professional. There are many factors in determining home values today and picking an average out of the air could hinder the sale of your home and frankly could cost you money. In today’s real estate market it is more important than ever to price your home appropriately.

If you would like to learn the current market value of your home you can request it here!

Visit My YouTube channel at: www.youtube.com/LowryTeam

Check Out My Feature Homes For Sale In West Chester, Fairfield and Liberty Township, Ohio

Filed Under: Beckett Ridge Homes For Sale, Eric Lowry's Articles, Fairfield Township Homes For Sale, Just For Fun, Liberty Township Ohio Homes For Sale, Real Estate Information, Real Estate Market Reports, Real Estate News, Sellers, West Chester Ohio Homes For Sale Tagged With: Cincinnati, Cincinnati Enquirer, Eric Lowry, Eric's Hassle Free Listing, Home Values, Homes For Sale, homes recently sold, Housing Market, Keller Williams Realty, Liberty Township Real Estate, LowryTeam.com, Market Value Of My Home, Ohio, Property Values, Real Estate Market Statistics, Top Real Estate Agent, Top Selling Realtor, West Chester Real Estate

Search Thousands Of Homes For Sale In The MLS!

Search_Widget

Categories

  • Avoiding Foreclosure
  • Beckett Ridge Homes For Sale
  • Blue Ash Ohio Homes For Sale
  • Butler County Real Estate
  • Buyers
  • Cincinnati Real Estate Careers
  • Dayton Ohio Real Estate
  • Eric Lowry's Articles
  • Fairfield Community Information
  • Fairfield Homes For Sale
  • Fairfield Ohio Real Estate Market Reports
  • Fairfield Township Homes For Sale
  • Featured Properties
  • Featured Subdivision
  • Financing
  • Financing Options
  • First-time Homebuyer
  • Foto Friday
  • Holidays
  • Home Improvements
  • Homes For Sale in Lakota Schools
  • Just For Fun
  • Lebanon Ohio Homes For Sale
  • Liberty Township OH Real Estate Market Reports
  • Liberty Township Ohio Homes For Sale
  • Liberty Twp Community Info
  • Loveland Ohio Homes For Sale
  • LowryTeam.com Real Estate Market Trends Report
  • Maineville Ohio Homes For Sale
  • Market Update
  • Mason Community Information
  • Mason OH Real Estate Market Reports
  • Mason Ohio Homes For Sale
  • Monroe Homes For Sale
  • New Construction
  • New Listings
  • Preparing Your Home For Sale
  • Real Estate Information
  • Real Estate Market Reports
  • Real Estate Market Statistics
  • Real Estate News
  • Real Estate Video
  • Relocating to Cincinnati
  • Rent vs Buy
  • Restaurants & Dining
  • Sellers
  • Short Sale / Foreclosure
  • Springfield Ohio Real Estate
  • Tax Credit
  • Testimonials
  • Things To Do In Cincinnati Ohio
  • Things to do in Dayton
  • This Month In Real Estate
  • Tuesday Open House
  • West Chester Community Info
  • West Chester OH Real Estate Market Reports
  • West Chester Ohio Homes For Sale
  • West Chester Ohio Parks
  • What's My Home Worth
  • Wyoming Community Info
Return To Top
2025 Lowry Team Real Estate, Inc