The Scoop on Mason Real Estate
January 9th, 2009 categories: Mason Ohio, Real Estate News, Real Estate Sales
Get the scoop on what’s happening in real estate in Mason, Ohio.
The best way to understand current market conditions is look at single family home sales for the last few years.
(The chart below is based on data from the Multiple Listing Service of Greater Cincinnati.)
The numbers above are just averages, certain homes and neighborhoods will have much higher (or much lower) sold prices for the last few years.
Look at the pricing trend and total number of homes sold. Chances are if you purchased in 2005 and financed 90%+ – you’re not going to come out ahead if need to sell right now,
The good news is with the historically low (and I mean low) interest rates, buyers are finally getting active in the market and the trend in Mason real estate may change during the first half of 2009.
If you need to know the specifics about your property, call or email me.
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