What’s Happening in Real Estate for the Lakota School District?
June 10th, 2009 categories: Liberty Township Ohio, West Chester Ohio
School is out and real estate in West Chester, Liberty Township and Beckett Ridge is in!
According to the Multiple Listing Service of Greater Cincinnati real estate activity is shown below:
|
West Chester |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
312 |
$325,671 |
104 |
92 |
$123,446 |
120 |
| Pendings |
95 |
$249,025 |
85 |
20 |
$ 88,145 |
100 |
| Closed (01/01/09-05/31/09) |
178 |
$214,554 |
79 |
39 |
$82,898 |
71 |
Data from Greater Cincinnati Multiple Listing Service
|
Beckett Ridge |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
16 |
$287,773 |
109 |
11 |
$114,355 |
56 |
| Pendings |
6 |
$234,900 |
23 |
3 |
$85,592 |
96 |
| Closed (01/01/09-05/31/09) |
10 |
$236,850 |
47 |
3 |
$102,583 |
83 |
Data from Greater Cincinnati Multiple Listing Service
|
Liberty Township |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
320 |
$322,603 |
135 |
6 |
$238,533 |
209 |
| Pendings |
77 |
$262,296 |
79 |
3 |
$229,600 |
101 |
| Closed (01/01/09-05/31/09) |
141 |
$241,515 |
72 |
2 |
$302,250 |
181 |
Data from Greater Cincinnati Multiple Listing Service
Days on market for closed properties in Liberty Township and Beckett Ridge decreased while West Chester increased. The number of active listings hasn’t varied very much-but mortgage interest rates have crept up. This combination of large supply of inventory and higher mortgage interest rates will continue to apply pressure on pricing.
Sellers need to have a marketing and pricing strategy geared for today’s real estate market.
Questions about the current market? Call or email for details.
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