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		<title>LowryTeam.com Real Estate Trends Report &#8211; December 2011 Home Sales West Chester &amp; Liberty Twp. OH</title>
		<link>http://blog.lowryteam.com/2011/12/07/lowryteam-com-real-estate-trends-report-december-2011-home-sales-west-chester-liberty-twp-oh/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lowryteam-com-real-estate-trends-report-december-2011-home-sales-west-chester-liberty-twp-oh</link>
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		<pubDate>Wed, 07 Dec 2011 20:37:09 +0000</pubDate>
		<dc:creator>Eric Lowry</dc:creator>
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		<guid isPermaLink="false">http://blog.lowryteam.com/?p=1583</guid>
		<description><![CDATA[LowryTeam.com Real Estate Trends Report &#8211; December 2011 Home Sales West Chester &#38; Liberty Twp. OH Here is the newest edition of our LowryTeam.comMonthly Real Estate Trends Report. This report, published monthly, provides a look back at the last six months worth of real estate data for West Chester, Beckett Ridge and Liberty Township, Ohio.... <a href="http://blog.lowryteam.com/2011/12/07/lowryteam-com-real-estate-trends-report-december-2011-home-sales-west-chester-liberty-twp-oh/" rel="nofollow">Read More</a>]]></description>
			<content:encoded><![CDATA[<h3><span style="font-size: medium;"><span style="font-family: Times New Roman;"><a href="http://www.HomeValuesInWestChesterOh.com"><img class="alignleft size-medium wp-image-1593" style="margin-top: 12px; margin-bottom: 12px; margin-left: 14px; margin-right: 14px;" title="See what homes are selling for in West Chester &amp; Liberty Township Ohio" src="http://blog.lowryteam.com/wp-content/uploads/2011/12/Market-Snapshot-300x288.jpg" alt="See what homes are selling for in West Chester &amp; Liberty Township Ohio" width="300" height="288" /></a>LowryTeam.com Real Estate Trends Report &#8211; December 2011 Home Sales West Chester &amp; Liberty Twp. OH</span></span></h3>
<h3><span style="font-family: Times New Roman;">Here is the newest edition of our </span><a style="font-weight: normal; font-size: medium;" title="www.LowryTeam.com" href="http://www.lowryteam.com/" target="_blank"><span style="font-family: Times New Roman;">LowryTeam.com</span></a><span style="font-family: Times New Roman;">Monthly Real Estate Trends Report. This report, published monthly, provides a look back at the last six months worth of real estate data for </span><a style="font-weight: normal; font-size: medium;" title="West Chester Ohio Real Estate" href="http://www.lowryteam.com/local-info.asp" target="_blank"><span style="font-family: Times New Roman;">West Chester</span></a><span style="font-family: Times New Roman;">, </span><a style="font-weight: normal; font-size: medium;" title="Beckett Ridge Ohio Real Estate" href="http://www.lowryteam.com/local-town3.asp" target="_blank"><span style="font-family: Times New Roman;">Beckett Ridge</span></a><span style="font-family: Times New Roman;"> and </span><a style="font-weight: normal; font-size: medium;" title="Liberty Township Ohio Real Estate For Sale" href="http://www.lowryteam.com/local-town2.asp" target="_blank"><span style="font-family: Times New Roman;">Liberty Township</span></a><span style="font-family: Times New Roman;">, Ohio. It is a <span style="text-decoration: underline;">local</span> trends report and makes no attempt to draw overall conclusions or make predictions for the larger real estate market. In fact we believe that anyone that makes an attempt to predict future, national real estate market conditions or draws conclusions on recent historical data nationally is just out of touch with reality. There is no such thing as a national weather forecast and there is no such thing as a real estate one either. ALL real estate is local!</span></h3>
<p><span style="font-size: medium;"><span style="font-family: Times New Roman;">The source of our data is the </span><a title="Search The Cincinnati MLS - Homes For Sale!" href="http://www.viphomefinder.com/search" target="_blank"><span style="font-family: Times New Roman;">Greater Cincinnati Multiple Listing Service</span></a><span style="font-family: Times New Roman;">. By seeking out and understanding the trends in our market place we are better able to forecast the upcoming market conditions and counsel our clients on pricing strategies to get their home sold for the highest possible price. Any thoughts and insight into what may occur in the future are solely our opinions and forecasts.</span></span></p>
<p><span style="font-size: medium;"><strong><span style="font-family: Times New Roman;"><span style="font-size: medium;">This month we are breaking the data down into several different blog posts.  This first article will cover home sales for the last six months (June – November):</span></span></strong></span></p>
<p style="text-align: center;"> <a href="http://blog.lowryteam.com/wp-content/uploads/2011/12/West-Chester-Liberty-Twp-November-Home-Sales.png"><img class="size-full wp-image-1586 aligncenter" style="margin-top: 12px; margin-bottom: 12px;" title="West Chester &amp; Liberty Twp November Home Sales" src="http://blog.lowryteam.com/wp-content/uploads/2011/12/West-Chester-Liberty-Twp-November-Home-Sales.png" alt="West Chester &amp; Liberty Twp November Home Sales" width="613" height="340" /></a></p>
<p><span style="font-size: medium;"><strong><span style="font-family: Times New Roman;">A close look at the home sales for West Chester &amp; Liberty Township Ohio:</span></strong></span></p>
<p><span style="font-size: medium; font-family: Times New Roman;">As we move into December and look back at this most recent six months of data, the trend that we are watching  right now is to see if the increase in home sales can be sustained as we move into the new year. The 4th quarter sales last year (2010) were extremely weak, so our comparisons of the home sales figures continue to show improvement when compared to 2010. Sales in June thru November of 2011 have shown a significant, <strong>26.43%</strong>  increase over the home sales numbers for June thru November of 2010.  While sales have shown a pretty nice uptick in this time frame.  It must be kept in perspective however.  This period in 2010 showed some of the very worst of the monthly home sales figures for our area.  This was the period of time immediately after the home buyer tax credit ended and sales really dropped off as you can see in the graph.</span></p>
<p style="text-align: center;"><a href="http://blog.lowryteam.com/wp-content/uploads/2011/12/West-Chester-Liberty-Twp-November-Sales-Last-3-Years.png"><img class="size-full wp-image-1584 aligncenter" style="margin-top: 12px; margin-bottom: 12px;" title="West Chester &amp; Liberty Twp November Sales History" src="http://blog.lowryteam.com/wp-content/uploads/2011/12/West-Chester-Liberty-Twp-November-Sales-Last-3-Years.png" alt="West Chester &amp; Liberty Twp November Sales History" width="429" height="286" /></a></p>
<p>&nbsp;</p>
<p><span style="font-family: 'Times New Roman'; font-size: medium;">November home sales for West Chester and Liberty Twp Ohio were up <strong>53.33%</strong> when compared to the month of November 2010.  While this is a pace of increase that is not likely to be sustained, the next three months will really be telling in what direction home sales are headed in our area.  The graph below shows the November home sales levels for West Chester &amp; Liberty Twp for the last number of years to get some historical perspective to the figures.</span></p>
<p style="text-align: center;"> <a href="http://blog.lowryteam.com/wp-content/uploads/2011/12/West-Chester-Liberty-Twp-November-Sales-History.png"><img class="size-full wp-image-1585 aligncenter" style="margin-top: 12px; margin-bottom: 12px;" title="West Chester &amp; Liberty Twp November Sales History" src="http://blog.lowryteam.com/wp-content/uploads/2011/12/West-Chester-Liberty-Twp-November-Sales-History.png" alt="West Chester &amp; Liberty Twp November Sales History" width="414" height="260" /></a></p>
<p><span style="font-size: medium;"><strong><span style="font-family: Times New Roman;">Summary:</span></strong></span></p>
<p><span style="font-size: medium;"><span style="font-family: Times New Roman;">As we have stated previously in the </span><span style="color: #0000ff; font-family: Times New Roman;"><a title="LowryTeam.com: West Chester, Beckett Ridge &amp; Liberty Twp real estate market update" href="http://blog.lowryteam.com/2011/10/19/lowryteam-com-real-estate-trends-report-october-2011/" target="_blank">LowryTeam.com: West Chester, Beckett Ridge and Liberty Township real estate market update</a></span><span style="font-family: Times New Roman;">, our market remains challenging, yet full of opportunity. Clearly the </span><a title="Home Values In West Chester &amp; Liberty Twp" href="http://www.lowryteam.com/seller-value.asp" target="_blank"><span style="font-family: Times New Roman;">value of homes</span> </a><span style="font-family: Times New Roman;"><a title="Home Values In West Chester &amp; Liberty Twp" href="http://www.lowryteam.com/seller-value.asp" target="_blank">in West Chester, Beckett Ridge &amp; Liberty Twp</a> has fallen over the past couple of years and frankly, the values may still fall farther. The primary threats or obstacles to the recovery of  real estate market are continued high unemployment, a continued oversupply of homes for sale and the potential loss of the mortgage interest tax deduction. Interest rates have settled back down and are at historical low levels around 4.25% which provide a great environment for buying a new home.</span></span></p>
<p><span style="font-size: medium; font-family: Times New Roman;"><a title="Learn The Current Market Value Of Your Home" href="http://www.lowryteam.com/seller-value.asp" target="_blank">Wondering what the value of your home currently is?</a> We would be happy to provide you with a detailed market value analysis of the value of your home. You can request your <a title="Learn The Current Market Value Of Your Home" href="http://www.lowryteam.com/seller-value.asp" target="_blank">Market Value Analysis here</a></span></p>
<p>Other related posts you may be interested in:</p>
<p><strong><a title="This Month In Real Estate For West Chester, Liberty Township &amp; Mason Ohio" href="http://blog.lowryteam.com/2011/11/17/this-month-in-real-estate-for-west-chester-liberty-township-mason-ohio/" target="_blank">This Month In Real Estate For West Chester, Liberty Township &amp; Mason Ohio</a></strong></p>
<p><strong><a title="Top 10 Tips When Selling A Home In West Chester Liberty Twp or Mason" href="http://blog.lowryteam.com/2011/09/19/top-10-tips-when-selling-a-home-in-west-chester-liberty-twp-or-mason-ohio/" target="_blank">Top 10 Tips When Selling a Home In West Chester, Liberty Twp Or Mason Ohio</a></strong></p>
<p>Your comments and questions are always welcome!</p>
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		<title>West Chester &amp; Liberty Township OH Real Estate Market Breakdown &#8211; July 2011</title>
		<link>http://blog.lowryteam.com/2011/07/06/west-chester-liberty-township-oh-real-estate-market-breakdown-july-2011/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=west-chester-liberty-township-oh-real-estate-market-breakdown-july-2011</link>
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		<pubDate>Wed, 06 Jul 2011 14:10:17 +0000</pubDate>
		<dc:creator>Eric Lowry</dc:creator>
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		<guid isPermaLink="false">http://blog.lowryteam.com/?p=1059</guid>
		<description><![CDATA[West Chester &#38; Liberty Township OH Real Estate Market Breakdown &#8211; July 2011 It&#8217;s time to breakdown the West Chester &#38; Liberty Township Ohio real estate market again.  In the real estate market breakdown we take a look at which price ranges are in the best shape from a home sellers perspective in West Chester... <a href="http://blog.lowryteam.com/2011/07/06/west-chester-liberty-township-oh-real-estate-market-breakdown-july-2011/" rel="nofollow">Read More</a>]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: medium;"><strong>West Chester &amp; Liberty Township OH Real Estate Market Breakdown &#8211; July 2011</strong></span></p>
<p><span style="font-size: small;"><a href="http://www.lowryteam.com/seller-value.asp"><img class="alignleft size-thumbnail wp-image-1060" style="margin: 12px 14px;" title="Find Your Home's Current Market Value - West Chester &amp; Liberty Twp OH" src="http://blog.lowryteam.com/wp-content/uploads/2011/07/Home-value-icon-150x150.png" alt="Find Your Home's Current Market Value - West Chester &amp; Liberty Twp OH" width="150" height="150" /></a>It&#8217;s time to breakdown the West Chester &amp; Liberty Township Ohio real estate market again.  In the real estate market breakdown we take a look at which price ranges are in the best shape from a home sellers perspective in <a title="West Chester Ohio Real Estate" href="http://www.lowryteam.com/WestChesterOhio.asp" target="_blank">West Chester Ohio</a> and <a title="Liberty Township OH Real Estate" href="http://www.lowryteam.com/LibertyTwpOhio.asp" target="_blank">Liberty Township, Ohio</a> and which are not? The best way to measure the general strength of the West Chester &amp; Liberty Township, Ohio real estate market and to break down it&#8217;s different price ranges is to evaluate the amount of <a title="Homes For Sale" href="http://www.LowryTeam.com" target="_blank">homes for sale</a> in both the total area and also in each different price range.</span></p>
<p style="text-align: center;"><span style="font-size: large;"><span style="color: #ff0000;"><a title="Search West Chester &amp; Liberty Township OH Homes For Sale" href="http://www.VIPHomeFinder.com/search" target="_blank">SEARCH ALL HOMES FOR SALE IN WEST CHESTER &amp; LIBERTY TOWNSHIP, OHIO</a></span></span></p>
<p><span style="font-size: small;">As you can see in the chart below, 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 <span style="text-decoration: underline;">sold in the last six months</span> and the months supply of homes for sale. </span></p>
<p><span style="font-size: small;">The number of <a title="Homes For Sale In West Chester &amp; Liberty Twp Ohio" href="http://www.VIPHomeFinder.com" target="_blank">homes for sale</a> 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. </span></p>
<p><span style="font-size: small;">If we were in a seller&#8217;s market we would show a month&#8217;s supply of less than 5 months inventory, 5-6 months supply of homes for sale is considered a neutral market favoring neither homebuyers or homesellers and anything over 6 months is considered a buyer&#8217;s market. The higher the number of months of inventory the stronger the buyer&#8217;s market. </span></p>
<p><span style="font-size: small;">Clearly we can see that a number of price ranges are in a more extreme buyer&#8217;s market than others. It&#8217;s no surprise that we are in a buyer&#8217;s market, but the intensity of the buyer&#8217;s market in the higher price ranges is quite extreme.  When <a title="Listing A Home For Sale In West Chester &amp; Liberty Twp OH" href="http://www.lowryteam.com/agent-info.asp" target="_blank">listing a home for sale</a> you must understand the level of pricing pressure and competition so that you employ the correct pricing strategy in <a title="Selling Your West Chester Ohio Home - Hassle Free Listing System" href="http://www.lowryteam.com/seller-hassle-free.asp" target="_blank">selling your home</a>.</span></p>
<div id="attachment_1064" class="wp-caption aligncenter" style="width: 508px"><a href="http://blog.lowryteam.com/wp-content/uploads/2011/07/LowryTeam.com-Real-Estate-Market-Statistics-July-20111.png"><img class="size-full wp-image-1064  " style="margin: 12px 14px;" title="LowryTeam.com Real Estate Market Statistics July 2011" src="http://blog.lowryteam.com/wp-content/uploads/2011/07/LowryTeam.com-Real-Estate-Market-Statistics-July-20111.png" alt="LowryTeam.com Real Estate Market Statistics July 2011" width="498" height="368" /></a><p class="wp-caption-text">Click The Image To See A Larger Version</p></div>
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<p style="text-align: left;"><span style="font-size: small;">Please keep in mind that these statistics are for <a title="West Chester OH Community Information" href="http://www.lowryteam.com/WestChesterOhio.asp" target="_blank">West Chester Ohio</a> and </span><span style="font-size: small;"><a title="Liberty Township OH Community Information" href="http://www.lowryteam.com/LibertyTwpOhio.asp" target="_blank">Liberty Township, Ohio</a></span><span style="font-size: small;"> only and are based on data obtained from the Greater Cincinnati MLS.  W</span><span style="font-size: small;">hen making pricing decisions and <a title="Listing Your West Chester Ohio Home For Sale" href="http://www.LowryTeam.com" target="_blank">putting your home on the market</a> be sure that you have not only looked at the recently sold homes in your neighborhood, but also at the active competition currently on the market and the direction of the current market.  Especially in your home&#8217;s particular price range.</span></p>
<p style="text-align: left;"><span style="font-size: small;">Do you want to track the </span><a title="West Chester Real Estate Market Activity" href="http://www.LowryTeam.com" target="_blank"><span style="font-size: small;">real estate market activity</span></a><span style="font-size: small;"> in your West Chester or Liberty Township Ohio neighborhood?  Get a free, comprehensive real estate market report sent directly to your inbox at &gt;&gt; </span><a title="West Chester, Mason &amp; Liberty Township Ohio Home Values" href="http://www.homevaluesinwestchesteroh.com/" target="_blank"><span style="font-size: small;">Home Values In West Chester Ohio</span></a><span style="font-size: small;">.</span></p>
<p style="text-align: left;"><strong><a title="West Chester &amp; Liberty Township Real Estate, Homes For Sale" href="http://www.lowryteam.com/myhomes.asp" target="_blank"><span style="font-size: small;">Check Out My Feature Homes For Sale In West Chester, Fairfield and Liberty Township, Ohio</span></a></strong></p>
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<td><span style="font-size: small;">posted by </span><a title="About Eric Lowry, Top Selling West Chester, Beckett Ridge &amp; Liberty Township Real Estate Agent" href="http://www.lowryteam.com/agent-info.asp" target="_blank"><span style="font-size: small;"><strong>Eric Lowry</strong><br />
</span></a><a title="About Eric Lowry, Top Selling West Chester, Beckett Ridge &amp; Liberty Township Real Estate Agent" href="http://www.lowryteam.com/agent-info.asp" target="_blank"><span style="font-size: small;">Email Me</span></a><span style="font-size: small;"> | </span><a title="Search The Cincinnati MLS - Homes For Sale!" href="http://www.VIPHomeFinder.com/search" target="_blank"><span style="font-size: small;">Search For Homes<br />
www.LowryTeam.com</span></a><span style="font-size: small;"> | P: (513) 874-1830</span></td>
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		<title>West Chester OH Real Estate Market Breakdown &#8211; April 2011</title>
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		<pubDate>Sun, 03 Apr 2011 21:12:36 +0000</pubDate>
		<dc:creator>Eric Lowry</dc:creator>
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		<description><![CDATA[West Chester Ohio Real Estate Market Breakdown &#8211; April 2011    Which price ranges are in the best shape from a home sellers perspective in West Chester, Ohio and which are not? The best way to measure the general strength of the West Chester, Ohio real estate market and to break down it&#8217;s different price ranges... <a href="http://blog.lowryteam.com/2011/04/03/west-chester-oh-real-estate-market-breakdown-april-2011/" rel="nofollow">Read More</a>]]></description>
			<content:encoded><![CDATA[<p><a href="http://blog.lowryteam.com/wp-content/uploads/2011/01/West-Chester-Market-Stats-2011.png"></a><span style="font-size: medium;"><strong>West Chester Ohio Real Estate Market Breakdown &#8211; April 2011</strong> </span>  </p>
<p><span style="font-size: small;"><a href="http://www.LowryTeam.com"></a><a href="http://www.lowryteam.com/seller-value.asp"><img class="alignleft size-full wp-image-959" style="margin: 12px 14px;" title="West Chester Ohio Home Values - What is your homes market value?" src="http://blog.lowryteam.com/wp-content/uploads/2011/04/Home-value-icon1.png" alt="West Chester Ohio Home Values - What is your homes market value?" width="182" height="243" /></a>Which price ranges are in the best shape from a home sellers perspective in </span><a title="West Chester Ohio Real Estate" href="http://www.lowryteam.com/local-info.asp" target="_blank"><span style="font-size: small;">West Chester, Ohio</span></a><span style="font-size: small;"> and which are not? The best way to measure the general strength of the West Chester, Ohio real estate market and to break down it&#8217;s different price ranges is to evaluate the amount of </span><a title="Homes For Sale" href="http://www.lowryteam.com/" target="_blank"><span style="font-size: small;">homes for sale</span></a><span style="font-size: small;"> in both the total area and also in each different price range. </span>  </p>
<p><a title="West Chester Ohio Homes For Sale - Real Estate" href="http://www.viphomefinder.com/listings/areas/13046,137417/Community/West%20Chester/propertytype/SINGLE/listingtype/Resale%20New,Foreclosure%20Bank%20Owned,Short%20Sale/sort/mlsupdatedate%20desc/" target="_blank"><span style="font-size: small;"><strong>SEARCH ALL HOMES FOR SALE IN WEST CHESTER, OHIO</strong></span></a><span style="font-size: small;"><strong> </strong></span>  </p>
<p><span style="font-size: small;">In the chart below you can see that 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.  </span>  </p>
<p><span style="font-size: small;">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.  </span>  </p>
<p><span style="font-size: small;">A seller&#8217;s market would show a month&#8217;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&#8217;s market. The higher the number the stronger the buyer&#8217;s market.  </span>  </p>
<p><span style="font-size: small;">Looking back at the <a title="West Chester Ohio Real Estate Market Breakdown" href="http://blog.lowryteam.com/2011/01/10/west-chester-oh-real-estate-market-breakdown-january-2011/">January Real Estate Market Breakdown</a> you can see that in a number of the different price ranges the months supply of homes for sale has greatly increased.  This is caused by two factors: (1.) There are more homes for sale now and (2.) The pace at which homes were selling in this last six month period has slowed considerably.  Clearly we can see that a number of price ranges, as well as the overall market are a buyer&#8217;s market. No surprise there, but when listing a home for sale you must understand the level of pricing pressure and competition that you face so that you can employ the correct pricing strategy in </span><a title="Selling Your West Chester Ohio Home - Hassle Free Listing System" href="http://www.lowryteam.com/seller-hassle-free.asp" target="_blank"><span style="font-size: small;">selling your home</span></a><span style="font-size: small;">. </span>  </p>
<p style="text-align: center;">
<div id="attachment_969" class="wp-caption aligncenter" style="width: 460px"><a href="http://blog.lowryteam.com/wp-content/uploads/2011/04/West-Chester-Ohio-Real-Estate-Market-Breakdown2.png"><img class="size-full wp-image-969  " style="margin: 12px 14px;" title="West Chester Ohio Real Estate Market Breakdown" src="http://blog.lowryteam.com/wp-content/uploads/2011/04/West-Chester-Ohio-Real-Estate-Market-Breakdown2.png" alt="West Chester Ohio Real Estate Market Breakdown" width="450" height="295" /></a><p class="wp-caption-text">click on the image to see a larger version</p></div>
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<p><span style="font-size: small;">Please keep in mind that these statistics are for </span><a title="West Chester Ohio Real Estate" href="http://www.lowryteam.com/local-info.asp" target="_blank"><span style="font-size: small;">West Chester, Ohio</span></a><span style="font-size: small;"> only and should be considered along with the </span><a title="Liberty Township Ohio Real Estate" href="http://www.lowryteam.com/local-town2.asp" target="_blank"><span style="font-size: small;">Liberty Township, Ohio</span></a><span style="font-size: small;"> real estate market statistics when making pricing decisions and </span><a title="Listing Your West Chester Ohio Home For Sale" href="http://www.lowryteam.com/" target="_blank"><span style="font-size: small;">putting your home on the market</span></a><span style="font-size: small;">.  I will update the market numbers for Liberty Township later this week.  </span>  </p>
<p><span style="font-size: small;">Do you want to track the </span><a title="West Chester Real Estate Market Activity" href="http://www.lowryteam.com/" target="_blank"><span style="font-size: small;">real estate market activity</span></a><span style="font-size: small;"> in your West Chester Ohio neighborhood?  Get a free, comprehensive real estate market report sent directly to your inbox at &gt;&gt; </span><a title="West Chester, Mason &amp; Liberty Township Ohio Home Values" href="http://www.homevaluesinwestchesteroh.com/" target="_blank"><span style="font-size: small;">Home Values In West Chester Ohio</span></a><span style="font-size: small;">. </span>  </p>
<p><strong><a title="West Chester &amp; Liberty Township Real Estate, Homes For Sale" href="http://www.lowryteam.com/myhomes.asp" target="_blank"><span style="font-size: small;">Check Out My Feature Homes For Sale In West Chester, Fairfield and Liberty Township, Ohio</span></a></strong><span style="font-size: small;"> </span>   </p>
<p> <strong>posted by Eric Lowry<br />
</strong><a href="mailto:eric@lowryteam.com"><strong>Email Me</strong></a><strong> | </strong><a title="West Chester &amp; Liberty Township Real Estate, Homes For Sale" href="http://www.viphomefinder.com/search" target="_blank"><strong>Search For Homes<br />
www.LowryTeam.com</strong></a><strong> | P: (513) 874-1830</strong>  </p>
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		<title>LowryTeam.com: Monthly Real Estate Trends Report &#8211; March 2011</title>
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		<pubDate>Thu, 31 Mar 2011 00:22:44 +0000</pubDate>
		<dc:creator>Eric Lowry</dc:creator>
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		<description><![CDATA[Here is the newest edition of our LowryTeam.com Monthly Real Estate Trends Report for March 2011.  This report, published monthly, provides a look back at the last six months worth of real estate data for West Chester, Beckett Ridge and Liberty Township, Ohio.  It is a local trends report and makes no attempt to draw overall conclusions... <a href="http://blog.lowryteam.com/2011/03/30/lowryteam-com-monthly-real-estate-trends-report-march-2011/" rel="nofollow">Read More</a>]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: small;"><a href="http://www.LowryTeam.com"><img class="alignleft size-full wp-image-950" style="margin: 12px 14px;" title="LowryTeam.com Real Estate Market Trends Report For West Chester &amp; Liberty Township" src="http://blog.lowryteam.com/wp-content/uploads/2011/03/short-sale-image.jpg" alt="LowryTeam.com Real Estate Market Trends Report For West Chester &amp; Liberty Township" width="106" height="79" /></a>Here is the newest edition of our </span><a title="www.LowryTeam.com" href="http://www.lowryteam.com/" target="_blank"><span style="font-size: small;">LowryTeam.com</span></a><span style="font-size: small;"> Monthly Real Estate Trends Report for March 2011.  This report, published monthly, provides a look back at the last six months worth of real estate data for </span><a title="West Chester Ohio Real Estate" href="http://www.lowryteam.com/local-info.asp" target="_blank"><span style="font-size: small;">West Chester</span></a><span style="font-size: small;">, </span><a title="Beckett Ridge Ohio Real Estate" href="http://www.lowryteam.com/local-town3.asp" target="_blank"><span style="font-size: small;">Beckett Ridge</span></a><span style="font-size: small;"> and </span><a title="Liberty Township Ohio Real Estate For Sale" href="http://www.lowryteam.com/local-town2.asp" target="_blank"><span style="font-size: small;">Liberty Township</span></a><span style="font-size: small;">, Ohio.  It is a local trends report and makes no attempt to draw overall conclusions or make predictions for the larger real estate market.  In fact we believe that anyone that makes an attempt to predict future, national real estate market conditions or draws conclusions on recent historical data nationally is just out of touch with reality.  There is no such thing as a national weather forecast and there is no such thing as a real estate one either.  ALL real estate is local!</span></p>
<p><span style="font-size: small;">The source of our data is the </span><a title="Search The Cincinnati MLS - Homes For Sale!" href="http://www.viphomefinder.com/search" target="_blank"><span style="font-size: small;">Greater Cincinnati Multiple Listing Service</span></a><span style="font-size: small;">. By seeking out and understanding the trends in our market place we are better able to forecast the upcoming market conditions and counsel our clients on pricing strategies to get their home sold for the highest possible price. Any thoughts and insight into what may occur in the future are solely our opinions and forecasts.</span></p>
<p><strong><span style="font-size: small;">The first thing we look at is unit sales for the last six months (September – February):</span></strong></p>
<p><span style="font-size: small;"><a href="http://blog.lowryteam.com/wp-content/uploads/2011/03/West-Chester-Liberty-Township-Real-Estate-Sales-Feb-2011.png"><img class="alignleft size-medium wp-image-952" style="margin: 12px 14px;" title="West Chester &amp; Liberty Township Real Estate Sales Feb 2011" src="http://lowry.realty-buzz.com/files/2011/03/West-Chester-Liberty-Township-Real-Estate-Sales-Feb-2011-300x199.png" alt="West Chester &amp; Liberty Township Real Estate Sales Feb 2011" width="300" height="199" /></a>As mentioned in the <a title="LowryTeam.com Real Estate Market Trends Report" href="http://blog.lowryteam.com/2011/03/02/lowryteam-com-monthly-real-estate-trends-report-february-2011/">February</a></span><span style="font-size: small;"><a title="LowryTeam.com Real Estate Market Trends Report" href="http://blog.lowryteam.com/2011/03/02/lowryteam-com-monthly-real-estate-trends-report-february-2011/"> Real Estate Market Trends Report</a></span><span style="font-size: small;"> this most recent six months of data continues to reflect the decline in unit sales felt in the time immediately after the homebuyer tax credit expiration. The tax credit had the impact of drawing a lot of home sales into the first six months of last year and caused an extensive slow down afterward. The graph shows that the leveling off of home sales in West Chester and Liberty Township during this last six months timeframe continued in February.</span></p>
<p><span style="font-size: small;">February 2011 homes sales showed a small uptick in sales when compared to the month of January 2011.  February sales were however <span style="color: #ff0000;">9.38%</span> lower than February of 2010.   So the year over year comparison of sales does not look promising, particularly as we head into the next couple of months which will be compared to the “tax credit” months of last year.<span style="text-decoration: underline;"> </span></span></p>
<p><span style="font-size: small;">The next few months represent very tough comparisons moving forward as we will be comparing sales levels this year against the sales levels of the months of last year when the tax credits for homebuying were in place.  Generally we expect the year to year comparisons to be much lower than 2010 unless there is some unexpected development in the marketplace.</span></p>
<p><strong><span style="font-size: small;">Average sale price for the last six months (September – February) is next:</span></strong></p>
<p><span style="font-size: small;"><a href="http://blog.lowryteam.com/wp-content/uploads/2011/03/West-Chester-Liberty-Township-Real-Estate-Avg-Sale-Price-Feb-2011.png"><img class="alignleft size-medium wp-image-953" style="margin: 12px 14px;" title="West Chester &amp; Liberty Township Real Estate Avg Sale Price Feb 2011" src="http://lowry.realty-buzz.com/files/2011/03/West-Chester-Liberty-Township-Real-Estate-Avg-Sale-Price-Feb-2011-300x198.png" alt="West Chester &amp; Liberty Township Real Estate Avg Sale Price Feb 2011" width="300" height="198" /></a>In this graph you can see the movement of the average sale price for West Chester and Liberty Township, Ohio real estate sales from January 2010 through February of 2011.  The trend line continues to show you a gradual decline for average home sale prices.  Average sale price gets quite a bit of attention in the media with reports that quote “home prices fell” or “home prices rose” in this particular quarter or month or whatever.  The average sale price is nothing more than what it’s called – an average price of all of the homes sold in a particular time frame. </span></p>
<p><a title="West Chester &amp; Liberty Township Real Estate, Home Values" href="http://www.homevaluesincincy.com/" target="_blank"><span style="font-size: medium;">Track Home Sales In Your West Chester or Liberty Township Ohio Neighborhood Here &gt;&gt; Get Your Personal Market Snapshot!</span></a></p>
<p><span style="font-size: small;">Just to be clear here, homes are not worth more now than they were at the beginning of the year.  Any increase or decrease in the average sale price is reflective of the activity of that time frame not the exact value of any one home.  A perfect example of this is the month of January which according to the graph shows a huge decrease in the average sale price over the month of January 2010.  A look inside the numbers explains… In January 2010, 8 of the total 42 closed sales that month were under $150,000 in sale price, in January 2011 there were 14 of a total 49 closed sales in that same price range.  More sales in the lower price ranges will cause the average sale price to be lower.  In addition, in January 2010  there were 6 closed sales over $400,000 compared to just 3 closed sales in January 2011 over $400,000.  The </span><a title="Most Expensive Home Sales In West Chester &amp; Liberty Twp" href="http://blog.lowryteam.com/2011/02/02/west-chester-liberty-township-oh-real-estate-most-expensive-home-sales-of-2010/"><span style="font-size: small;">luxury home market</span></a><span style="font-size: small;"> is facing a very difficult period in the next six months to a year with very high inventory levels and competition from the </span><a title="Homearama Comes To West Chester Ohio" href="http://blog.lowryteam.com/2011/02/02/west-chester-liberty-township-oh-real-estate-most-expensive-home-sales-of-2010/"><span style="font-size: small;">Homearama show homes</span></a><span style="font-size: small;">.</span></p>
<p><span style="font-size: small;">So, was the average sale price lower because homes were worth less?  No, there was just a very different mix of homes that sold.  Falling home values do clearly effect the average sale price, but that is not the whole story.</span></p>
<p><span style="font-size: small;"><strong>List to sale price ratio:</strong> </span></p>
<p><span style="font-size: small;"><a href="http://blog.lowryteam.com/wp-content/uploads/2011/03/West-Chester-Liberty-Township-List-to-Sale-Price-feb-2011.png"><img class="alignleft size-medium wp-image-954" style="margin: 12px 14px;" title="West Chester &amp; Liberty Township List to Sale Price feb 2011" src="http://lowry.realty-buzz.com/files/2011/03/West-Chester-Liberty-Township-List-to-Sale-Price-feb-2011-300x196.png" alt="West Chester &amp; Liberty Township List to Sale Price feb 2011" width="300" height="196" /></a>The List to Sale Price ratio is calculated by dividing the final sale price into the list price to find the percentage of the list price that a given home sells for.  The West Chester and Liberty Township Ohio List to Sale Price Ratio is 94.02% for February 2011.  As you can see the monthly List to Sale Price Ratio has seen some big swings up and down in the last year and we took another big drop down in February.  The swings up and down are an indicator of the lack of stability in the West Chester and Liberty Township real estate market right now.  The highlighted center area of the graph shows what appears to be the middle ground right now for the market. </span></p>
<p><span style="font-size: small;">The trend here had been on an upswing, indicating that homeowners are generally pricing their homes at levels that reflect market value.  One important fact to keep in mind here is that these figures are calculated based on homes that have sold.  Homes that are priced too high when listed will not get 95-96% of their list price, in fact in this market, they won’t sell at all. </span></p>
<p><span style="font-size: small;">The one factor that remains true, through all of the market’s ups and downs is that homes that sell quickly, sell for a much higher percentage of their list price.  In the most recent six months, homes that sold in the first thirty days that they were on the market sold for 96.75% of list price.  As you can see, this is a much higher final sales price compared to the overall market average.</span></p>
<p><strong><span style="font-size: small;">Summary:</span></strong></p>
<p><span style="font-size: small;">As was stated in last month’s </span><a title="LowryTeam.com Real Estate Market Trends Report" href="http://blog.lowryteam.com/2011/03/02/lowryteam-com-monthly-real-estate-trends-report-february-2011/"><span style="font-size: small;">LowryTeam.com: West Chester, Beckett Ridge and Liberty Township real estate market update</span></a><span style="font-size: small;">, our market remains challenging, yet full of opportunity. Clearly the </span><a title="West Chester, Mason &amp; Liberty Township Ohio Home Values" href="http://www.lowryteam.com/seller-value.asp" target="_blank"><span style="font-size: small;">value of homes</span></a><span style="font-size: small;"> in the area has fallen over the past couple of years and frankly, in certain price ranges, the values are likely to fall farther.  The primary threats to the 2011 real estate market and any potential recovery are continued high unemployment and the potential loss of the mortgage interest tax deduction.  Interest rates have now risen off of their lows, but still remain at very attractive levels below 5.00% which provide a great environment for buying a new home.</span></p>
<p><span style="font-size: small;">Your comments and questions are always welcome!</span></p>
<p><strong><a title="Search West Chester &amp; Liberty Township Real Estate &amp; Homes For Sale" href="http://www.viphomefinder.com/search" target="_blank"><span style="font-size: small;">Search Homes For Sale In West Chester &amp; Liberty Township Ohio</span></a></strong></p>
<p><span style="font-size: small;">Wondering what your home is worth in today’s real estate market?  <strong><a title="West Chester, Mason &amp; Liberty Township Ohio Home Values" href="http://www.lowryteam.com/seller-value.asp" target="_blank">Request a market analysis here!</a></strong></span></p>
<p><span style="font-size: small;"> <strong><a title="West Chester &amp; Liberty Township Real Estate, Homes For Sale" href="http://www.lowryteam.com/myhomes.asp" target="_blank">Check Out My Feature Homes For Sale In West Chester, Fairfield and Liberty Township, Ohio</a></strong></span></p>
<p><span style="font-size: small;"><strong>posted by Eric Lowry<br />
</strong><a href="mailto:eric@lowryteam.com"><strong>Email Me</strong></a><strong> | </strong><a title="West Chester &amp; Liberty Township Real Estate, Homes For Sale" href="http://www.viphomefinder.com/search" target="_blank"><strong>Search For Homes<br />
www.LowryTeam.com</strong></a><strong> | P: (513) 874-1830</strong></span></p>
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		<title>West Chester OH Real Estate: This Month In Real Estate &#8211; March 2011</title>
		<link>http://blog.lowryteam.com/2011/03/23/west-chester-oh-real-estate/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=west-chester-oh-real-estate</link>
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		<pubDate>Wed, 23 Mar 2011 23:44:43 +0000</pubDate>
		<dc:creator>Eric Lowry</dc:creator>
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		<description><![CDATA[Click Here To Search The Entire Cincinnati MLS Database Of Homes For Sale!   Wondering what your home is worth in today’s real estate market? Request a market analysis here! Relocating To West Chester, Liberty Township Or Mason, Ohio??  Request Our Free Relocation Information Package By Clicking Here! Check Out My Feature Homes For Sale... <a href="http://blog.lowryteam.com/2011/03/23/west-chester-oh-real-estate/" rel="nofollow">Read More</a>]]></description>
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<div><strong><a title="Search The Cincinnati MLS - Homes For Sale!" href="http://www.viphomefinder.com/search" target="_blank"><span style="font-size: small;">Click Here To <em>Search The Entire Cincinnati MLS Database Of Homes For Sale!</em></span></a></strong></div>
<div><span style="font-size: small;"> </span></div>
<div><span style="font-size: small;">Wondering what your home is worth in today’s real estate market? <strong><a title="West Chester, Mason &amp; Liberty Township Ohio Home Values" href="http://www.lowryteam.com/" target="_blank">Request a market analysis here!</a></strong></span></div>
<p><a title="Relocating To West Chester &amp; Mason Ohio" href="http://www.lowryteam.com/local-relocating.asp" target="_blank"><span style="font-size: small;">Relocating To West Chester, Liberty Township Or Mason, Ohio??  Request Our Free Relocation Information Package By Clicking Here!</span></a></p>
<p><strong><a title="West Chester &amp; Liberty Township Real Estate, Homes For Sale" href="http://www.lowryteam.com/myhomes.asp" target="_blank"><span style="font-size: small;">Check Out My Feature Homes For Sale In West Chester, Fairfield and Liberty Township, Ohio</span></a></strong></p>
<p><span style="font-size: small;"><!--End NUMBER1EXPERT Code --></span></p>
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<td><span style="font-size: small;">posted by </span><a title="About Eric Lowry, Top Selling West Chester, Beckett Ridge &amp; Liberty Township Real Estate Agent" href="http://www.lowryteam.com/agent-info.asp" target="_blank"><span style="font-size: small;"><strong>Eric Lowry</strong><br />
</span></a><a title="About Eric Lowry, Top Selling West Chester, Beckett Ridge &amp; Liberty Township Real Estate Agent" href="http://www.lowryteam.com/agent-info.asp" target="_blank"><span style="font-size: small;">Email Me</span></a><span style="font-size: small;"> | Search For Homes<br />
</span><a title="www.LowryTeam.com" href="http://www.lowryteam.com/" target="_blank"><span style="font-size: small;">www.LowryTeam.com</span></a><span style="font-size: small;"> | P: (513) 874-1830</span></td>
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		<title>LowryTeam.com: Monthly Real Estate Trends Report &#8211; February 2011</title>
		<link>http://blog.lowryteam.com/2011/03/02/lowryteam-com-monthly-real-estate-trends-report-february-2011/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lowryteam-com-monthly-real-estate-trends-report-february-2011</link>
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		<pubDate>Wed, 02 Mar 2011 19:00:33 +0000</pubDate>
		<dc:creator>Eric Lowry</dc:creator>
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		<description><![CDATA[Here is the newest edition of our LowryTeam.com Monthly Real Estate Trends Report for January 2011.  This report, published monthly, provides a look back at the last six months worth of real estate data for West Chester, Beckett Ridge and Liberty Township, Ohio.  It is a local trends report and makes no attempt to draw overall conclusions... <a href="http://blog.lowryteam.com/2011/03/02/lowryteam-com-monthly-real-estate-trends-report-february-2011/" rel="nofollow">Read More</a>]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: small;"><a href="http://www.VIPHomeFinder.com/search"><img class="alignleft size-thumbnail wp-image-937" style="margin: 12px 14px;" title="West Chester &amp; Liberty Township Ohio Homes For Sale" src="http://lowry.realty-buzz.com/files/2011/03/home-staging-1-large-150x150.jpg" alt="West Chester &amp; Liberty Township Ohio Homes For Sale" width="150" height="150" /></a>Here is the newest edition of our </span><a title="www.LowryTeam.com" href="http://www.lowryteam.com/" target="_blank"><span style="font-size: small;">LowryTeam.com</span></a><span style="font-size: small;"> Monthly Real Estate Trends Report for January 2011.  This report, published monthly, provides a look back at the last six months worth of real estate data for </span><a title="West Chester Ohio Real Estate" href="http://www.lowryteam.com/local-info.asp" target="_blank"><span style="font-size: small;">West Chester</span></a><span style="font-size: small;">, </span><a title="Beckett Ridge Ohio Real Estate" href="http://www.lowryteam.com/local-town3.asp" target="_blank"><span style="font-size: small;">Beckett Ridge</span></a><span style="font-size: small;"> and </span><a title="Liberty Township Ohio Real Estate For Sale" href="http://www.lowryteam.com/local-town2.asp" target="_blank"><span style="font-size: small;">Liberty Township</span></a><span style="font-size: small;">, Ohio.  It is a local trends report and makes no attempt to draw overall conclusions or make predictions for the larger real estate market.  In fact we believe that anyone that makes an attempt to predict future, national real estate market conditions or draws conclusions on recent historical data nationally is just out of touch with reality.  There is no such thing as a national weather forecast and there is no such thing as a real estate one either.  ALL real estate is local!</span></p>
<p><span style="font-size: small;">The source of our data is the </span><a title="Search The Cincinnati MLS - Homes For Sale!" href="http://www.viphomefinder.com/search" target="_blank"><span style="font-size: small;">Greater Cincinnati Multiple Listing Service</span></a><span style="font-size: small;">. By seeking out and understanding the trends in our market place we are better able to forecast the upcoming market conditions and counsel our clients on pricing strategies to get their home sold for the highest possible price. Any thoughts and insight into what may occur in the future are solely our opinions and forecasts.</span></p>
<p><span style="font-size: small;"><strong>We always look first at unit sales for the last six months (August – January):</strong></span></p>
<p><a href="http://blog.lowryteam.com/wp-content/uploads/2011/01/West-Chester-Liberty-Township-Home-Sales-2010.png"></a></p>
<p><a href="http://blog.lowryteam.com/wp-content/uploads/2011/03/West-Chester-Liberty-Township-Real-Estate-Sale-Graph.png"><img class="alignleft size-medium wp-image-932" style="margin: 12px 14px;" title="West Chester &amp; Liberty Township Real Estate Sale Graph" src="http://lowry.realty-buzz.com/files/2011/03/West-Chester-Liberty-Township-Real-Estate-Sale-Graph-300x200.png" alt="West Chester &amp; Liberty Township Real Estate Sale Graph" width="300" height="200" /></a><span style="font-size: small;">As mentioned in the </span><a title="LowryTeam.com Real Estate Market Trends Report" href="http://blog.lowryteam.com/2011/01/31/lowryteam-com-monthly-real-estate-trends-report-january-2011/"><span style="font-size: small;">January Real Estate Market Trends Report</span></a><span style="font-size: small;"> this most recent six months of data continues to reflect the time immediately after the homebuyer tax credit expiration.  As we discussed before there was a drop in sales in this period that was pretty dramatic.  The tax credit had the impact of drawing a lot of home sales into the first six months of the year and causing an extensive slow down afterward.  The graph shows that that there has been a leveling off of  home sales in West Chester and Liberty Township during this last six months timeframe. </span></p>
<p><span style="font-size: small;">January 2011 homes sales showed a continued decline when compared to the month of December and overall as you look at the last six months sales activity.  January sales were however 16.67% higher than January of 2010.   So </span><span style="font-size: small;">in a year over year comparison the sales may look a little more promising.  It must be noted here that the sales figures in January 2010 were the lowest in West Chester &amp; Liberty Township in at least the last five years, so this January&#8217;s sales are the second lowest in the last five years.</span></p>
<p><a href="http://blog.lowryteam.com/wp-content/uploads/2011/01/West-Chester-Liberty-Township-Real-Estate-Sales.png"><span style="font-size: small;"> </span></a></p>
<p><span style="font-size: small;">The next few months represent very tough comparisons moving forward as we will be comparing sales levels this year against the sales levels of the &#8220;Tax Credit&#8221; months of last year.  Generally we expect the year to year comparisons to be much lower than 2010 unless there is some unexpected development in the marketplace.</span></p>
<p><strong><span style="font-size: small;">Average sale price for the last six months (August – January) is next:</span></strong></p>
<p><a href="http://blog.lowryteam.com/wp-content/uploads/2011/01/West-Chester-Liberty-Township-Real-Estate-Market-Statistics.png"></a></p>
<p><a href="http://blog.lowryteam.com/wp-content/uploads/2011/03/West-Chester-LIberty-Township-Real-Estate-Average-Sale-Price.png"><img class="alignleft size-medium wp-image-933" style="margin: 12px 14px;" title="West Chester &amp; LIberty Township Real Estate Average Sale Price" src="http://lowry.realty-buzz.com/files/2011/03/West-Chester-LIberty-Township-Real-Estate-Average-Sale-Price-300x199.png" alt="West Chester &amp; LIberty Township Real Estate Average Sale Price" width="300" height="199" /></a><span style="font-size: small;">In this graph you can see the movement of the average sale price for West Chester and Liberty Township, Ohio real estate sales in 2010 and January of 2011.  The trend line continues to show you a gradual decline for average home sale prices.  Average sale price gets quite a bit of attention in the media with reports that quote “home prices fell” or “home prices rose” in this particular quarter or month or whatever.  The average sale price is nothing more than what it’s called – an average price of all of the homes sold in a particular time frame. </span></p>
<p><a title="West Chester &amp; Liberty Township Real Estate, Home Values" href="http://www.homevaluesincincy.com/" target="_blank"><span style="font-size: medium;">Track Home Sales In Your West Chester or Liberty Township Ohio Neighborhood Here &gt;&gt; Get Your Personal Market Snapshot!</span></a></p>
<p><span style="font-size: small;">Just to be clear here, homes are not worth more now than they were at the beginning of the year.  Any increase or decrease in the average sale price is reflective of the activity of that time frame not the exact value of any one home.  A perfect example of this is the month of January which according to the graph shows a huge decrease in the average sale price over the month of January 2010.  A look inside the numbers explains… In January 2010, 8 of the total 42 closed sales that month were under $150,000 in sale price, in January 2011 there were 14 of a total 49 closed sales in that same price range.  More sales in the lower price ranges will cause the average sale price to be lower.  In addition, in January 2010  there were 6 closed sales over $400,000 compared to just 3 closed sales in January 2011 over $400,000.  The </span><a title="Most Expensive Home Sales In West Chester &amp; Liberty Twp" href="http://blog.lowryteam.com/2011/02/02/west-chester-liberty-township-oh-real-estate-most-expensive-home-sales-of-2010/"><span style="font-size: small;">luxury home market</span></a><span style="font-size: small;"> is facing a very difficult period in the next six months to a year with very high inventory levels and competition from the </span><a title="Homearama Comes To West Chester Ohio" href="http://blog.lowryteam.com/2011/02/02/west-chester-liberty-township-oh-real-estate-most-expensive-home-sales-of-2010/"><span style="font-size: small;">Homearama show homes</span></a><span style="font-size: small;">.</span></p>
<p><span style="font-size: small;">So, was the average sale price lower because homes were worth less?  No, there was just a very different mix of homes that sold.  Falling home values do clearly effect the average sale price, but that is not the whole story.</span></p>
<p><a href="http://blog.lowryteam.com/wp-content/uploads/2011/01/West-Chester-Liberty-Township-Real-Estate-Sales-Prices.png"></a></p>
<p><span style="font-size: small;"><strong>List to sale price ratio:</strong> </span></p>
<p><a href="http://blog.lowryteam.com/wp-content/uploads/2011/03/West-Chester-LIberty-Township-Real-Estate-List-to-Sale-Price.png"><img class="alignleft size-medium wp-image-934" style="margin: 12px 14px;" title="West Chester &amp; LIberty Township Real Estate List to Sale Price" src="http://lowry.realty-buzz.com/files/2011/03/West-Chester-LIberty-Township-Real-Estate-List-to-Sale-Price-300x196.png" alt="West Chester &amp; LIberty Township Real Estate List to Sale Price" width="300" height="196" /></a><span style="font-size: small;">The List to Sale Price ratio is calculated by dividing the final sale price into the list price to find the percentage of the list price that a given home sells for.  The West Chester and Liberty Township Ohio List to Sale Price Ratio is 95.73% for January 2011.  As you can see the monthly List to Sale Price Ratio has seen some big swings up and down in the last year.  The swings up and down are an indicator of the lack of stability in the West Chester and Liberty Township real estate market right now.  The highlighted center area of the graph shows what appears to be the middle ground right now for the market.  The trend here is on an upswing, indicating that homeowners are generally pricing their homes at levels that reflect market value.  One important fact to keep in mind here is that these figures are calculated based on homes that have sold.  Homes that are priced to high when listed will not get 95-96% of their list price, in fact in this market, they won&#8217;t sell at all. </span></p>
<p><span style="font-size: small;">The one factor that remains true, through all of the market’s ups and downs is that homes that sell quickly, sell for a much higher percentage of their list price.  In the most recent six months, homes that sold in the first thirty days that they were on the market sold for 96.76% of list price.  As you can see, this is a much higher final sales price compared to the overall market average.</span></p>
<p><strong><span style="font-size: small;">Summary:</span></strong></p>
<p><span style="font-size: small;">As was stated in last month’s </span><a title="LowryTeam.com Real Estate Market Trends Report" href="http://blog.lowryteam.com/2011/01/31/lowryteam-com-monthly-real-estate-trends-report-january-2011/"><span style="font-size: small;">LowryTeam.com: West Chester, Beckett Ridge and Liberty Township real estate market update</span></a><span style="font-size: small;">, the market remains challenging, yet full of opportunity. Clearly the </span><a title="West Chester, Mason &amp; Liberty Township Ohio Home Values" href="http://www.lowryteam.com/seller-value.asp" target="_blank"><span style="font-size: small;">value of homes</span></a><span style="font-size: small;"> in the area has fallen over the past couple of years and frankly, in certain price ranges, the values are likely to fall farther.  The primary threats to the 2011 real estate market and any potential recovery are continued high unemployment and the potential loss of the mortgage interest tax deduction.  Interest rates have now risen off of their lows, but still remain at very attractive levels below 5.00% which provide a great environment for buying a new home.</span></p>
<div><span style="font-size: small;">Your comments and questions are always welcome!</span></div>
<div> </div>
<div style="text-align: center;"><span style="font-size: medium;"><strong><a title="Search West Chester &amp; Liberty Township Real Estate &amp; Homes For Sale" href="http://www.VIPHomeFinder.com/search" target="_blank">Search Homes For Sale In West Chester &amp; Liberty Township Ohio</a></strong></span></div>
<div>
<div><span style="font-size: small;"> </span></div>
<div><span style="font-size: small;">Wondering what your home is worth in today’s real estate market?  <strong><a title="West Chester, Mason &amp; Liberty Township Ohio Home Values" href="http://www.lowryteam.com/seller-value.asp" target="_blank">Request a market analysis here!</a></strong></span></div>
<p><span style="font-size: small;"> <strong><a title="West Chester &amp; Liberty Township Real Estate, Homes For Sale" href="http://www.lowryteam.com/myhomes.asp" target="_blank">Check Out My Feature Homes For Sale In West Chester, Fairfield and Liberty Township, Ohio</a></strong></span></p>
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<td><span style="font-size: small;">posted by <strong>Eric Lowry</strong><br />
</span><a href="mailto:eric@lowryteam.com"><span style="font-size: small;">Email Me</span></a><span style="font-size: small;"> | </span><a title="West Chester &amp; Liberty Township Real Estate, Homes For Sale" href="http://www.viphomefinder.com/search" target="_blank"><span style="font-size: small;">Search For Homes<br />
www.LowryTeam.com</span></a><span style="font-size: small;"> | P: (513) 874-1830</span></td>
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		<title>West Chester &amp; Liberty Township OH Real Estate: Most Expensive Home Sales Of 2010</title>
		<link>http://blog.lowryteam.com/2011/02/02/west-chester-liberty-township-oh-real-estate-most-expensive-home-sales-of-2010/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=west-chester-liberty-township-oh-real-estate-most-expensive-home-sales-of-2010</link>
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		<pubDate>Wed, 02 Feb 2011 14:04:03 +0000</pubDate>
		<dc:creator>Eric Lowry</dc:creator>
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		<description><![CDATA[West Chester &#38; Liberty Township&#8217; Most Expensive Home Sales In 2010 Search Luxury Homes For Sale In West Chester &#38; Liberty Twp   In 2010, the West Chester and Liberty Township real estate market saw 27 properties sell for $500,000 or more. The majority of these homes were in the West Chester real estate market. The... <a href="http://blog.lowryteam.com/2011/02/02/west-chester-liberty-township-oh-real-estate-most-expensive-home-sales-of-2010/" rel="nofollow">Read More</a>]]></description>
			<content:encoded><![CDATA[<p><strong><span style="font-size: medium;">West Chester &amp; Liberty Township&#8217; Most Expensive Home Sales In 2010</span></strong></p>
<p><strong><span style="font-size: medium;"><a title="Search Luxury Homes For Sale In West Chester &amp; Liberty Township" href="http://www.viphomefinder.com/listings/areas/52685,123215/propertytype/SINGLE/minprice/500000/" target="_blank">Search Luxury Homes For Sale In West Chester &amp; Liberty Twp</a></span></strong></p>
<p><span style="font-size: small;"><a href="http://www.LowryTeam.com"></a><a href="http://www.LowryTeam.com"><img class="alignleft size-thumbnail wp-image-905" style="margin: 12px 14px;" title="Luxury Home Sales In West Chester &amp; LIberty Township Ohio" src="http://lowry.realty-buzz.com/files/2011/02/Luxury_homes1-150x150.jpg" alt="Luxury Home Sales In West Chester &amp; LIberty Township Ohio" width="150" height="150" /></a></span></p>
<p><span style="font-size: small;"> </span></p>
<p><span style="font-size: small;">In 2010, the<strong> </strong><a title="West Chester Ohio Real Estate" href="http://www.lowryteam.com/local-info.asp" target="_blank">West Chester</a> and <a title="Liberty Township Ohio Real Estate" href="http://www.lowryteam.com/local-town2.asp" target="_blank">Liberty Township</a> real estate market saw 27 properties sell for $500,000 or more. The majority of these homes were in the West Chester real estate market. The top 10 most expensive homes sold in the $600,000+ price range.</span></p>
<p><span style="font-size: small;"> </span></p>
<p><span style="font-size: small;"> </span></p>
<p><span style="font-size: small;">The top 10 luxury home sales of 2010 for West Chester &amp; Liberty Township are*:</span></p>
<p style="text-align: center;"><a href="htttp://www.VIPHomeFinder.com/search"><img class="size-full wp-image-903 aligncenter" style="margin-top: 12px; margin-bottom: 12px;" title="West Chester &amp; Liberty Township Luxury Home Sales" src="http://blog.lowryteam.com/wp-content/uploads/2011/02/West-Chester-Liberty-Township-Luxury-Home-Sales1.png" alt="West Chester &amp; Liberty Township Luxury Home Sales" width="450" height="185" /></a><a href="http://blog.lowryteam.com/wp-content/uploads/2011/02/West-Chester-Liberty-Township-Luxury-Home-Sales.png"></a></p>
<p> </p>
<p><span style="font-size: x-small;">*These sales are not necessarily those of Eric Lowry and the Lowry Team.</span></p>
<p> <span style="font-size: small;">5 of the 10 most expensive luxury home sales in West Chester and Liberty Township are on 1 street, Southampton Lane in the Reserves of Providence subdivision.  Clearly the the direction of the luxury home sale market is in this area with 50% of all sales there in 2010 and with </span><a title="Homearama Comes To West Chester Ohio" href="http://blog.lowryteam.com/2010/07/07/west-chester-liberty-township-oh-real-estate-homearama-2011-update/" target="_blank"><strong><span style="font-size: small;">Homearama 2011</span></strong></a><span style="font-size: small;"> being held in the adjoining Foxborough subdivision this trend is likely to continue.  It was a little surprising that only 2 of the top ten luxury home sales were in the Four Bridges subdivision in Liberty Township.  In fact only 3 of the top ten luxury home sales were even in Liberty Township.</span></p>
<p><span style="font-size: small;">For more information on <a title="West Chester &amp; Liberty Township Real Estate, Home Values" href="http://www.LowryTeam.com" target="_blank">buying or selling a luxury home in West Chester &amp; Liberty Township</a>, please contact Eric Lowry and the Lowry Team at Keller Williams Realty &#8211; Direct: 513-874-1830</span></p>
<p><span style="font-size: small;">You can start your luxury home search right here &gt;&gt; <a title="Search Luxury Homes For Sale In West Chester &amp; Liberty Township" href="http://www.viphomefinder.com/listings/areas/52685,123215/propertytype/SINGLE/minprice/500000/" target="_blank">Search Luxury Homes For Sale In West Chester &amp; Liberty Twp</a></span></p>
<p><span style="font-size: small;"><a title="Search Luxury Homes For Sale In West Chester &amp; Liberty Township" href="http://www.viphomefinder.com/listings/areas/52685,123215/propertytype/SINGLE/minprice/500000/" target="_blank">posted by <strong>Eric Lowry</strong><br />
Email Me</a> | <a title="West Chester &amp; Liberty Township Real Estate, Homes For Sale" href="http://www.viphomefinder.com/search" target="_blank">Search For Homes<br />
www.LowryTeam.com</a> | P: (513) 874-1830</span></p>
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		<title>LowryTeam.com: Monthly Real Estate Trends Report &#8211; January 2011</title>
		<link>http://blog.lowryteam.com/2011/01/31/lowryteam-com-monthly-real-estate-trends-report-january-2011/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lowryteam-com-monthly-real-estate-trends-report-january-2011</link>
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		<pubDate>Mon, 31 Jan 2011 17:54:15 +0000</pubDate>
		<dc:creator>Eric Lowry</dc:creator>
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		<description><![CDATA[↑ Click the &#8220;Like&#8221; button ↑ Here is the newest edition of our LowryTeam.com Monthly Real Estate Trends Report for January 2011.  This report, published monthly, provides a look back at the last six months worth of real estate data for West Chester, Beckett Ridge and Liberty Township, Ohio.  It is a local trends report and makes... <a href="http://blog.lowryteam.com/2011/01/31/lowryteam-com-monthly-real-estate-trends-report-january-2011/" rel="nofollow">Read More</a>]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: x-small;">↑ Click the &#8220;Like&#8221; button ↑</span></p>
<p><span style="font-size: small;">Here is the newest edition of our </span><a title="www.LowryTeam.com" href="http://www.lowryteam.com/" target="_blank"><span style="font-size: small;">LowryTeam.com</span></a><span style="font-size: small;"> Monthly Real Estate Trends Report for January 2011.  This report, published monthly, provides a look back at the last six months worth of real estate data for </span><a title="West Chester Ohio Real Estate" href="http://www.lowryteam.com/local-info.asp" target="_blank"><span style="font-size: small;">West Chester</span></a><span style="font-size: small;">, </span><a title="Beckett Ridge Ohio Real Estate" href="http://www.lowryteam.com/local-town3.asp" target="_blank"><span style="font-size: small;">Beckett Ridge</span></a><span style="font-size: small;"> and </span><a title="Liberty Township Ohio Real Estate For Sale" href="http://www.lowryteam.com/local-town2.asp" target="_blank"><span style="font-size: small;">Liberty Township</span></a><span style="font-size: small;">, Ohio.  It is a local trends report and makes no attempt to draw overall conclusions or make predictions for the larger real estate market.  In fact we believe that anyone that makes an attempt to predict future, national real estate market conditions or draws conclusions on recent historical data nationally is just out of touch with reality.  There is no such thing as a national weather forecast and there is no such thing as a real estate one either.  ALL real estate is local!</span></p>
<p><span style="font-size: small;">The source of our data is the </span><a title="Search The Cincinnati MLS - Homes For Sale!" href="http://www.viphomefinder.com/search" target="_blank"><span style="font-size: small;">Greater Cincinnati Multiple Listing Service</span></a><span style="font-size: small;">. By seeking out and understanding the trends in our market place we are better able to forecast the upcoming market conditions and counsel our clients on pricing strategies to get their home sold for the highest possible price. Any thoughts and insight into what may occur in the future are solely our opinions and forecasts.</span></p>
<p><span style="font-size: small;">First we take a look at unit sales for the last six months (July &#8211; December):</span></p>
<p style="text-align: center;"><a href="http://blog.lowryteam.com/wp-content/uploads/2011/01/West-Chester-Liberty-Township-Home-Sales-2010.png"><img class="size-medium wp-image-869 aligncenter" style="margin-top: 12px; margin-bottom: 12px; border: black 3px solid;" title="West Chester &amp; Liberty Township Home Sales 2010" src="http://lowry.realty-buzz.com/files/2011/01/West-Chester-Liberty-Township-Home-Sales-2010-300x200.png" alt="West Chester &amp; Liberty Township Home Sales 2010" width="300" height="200" /></a></p>
<p><span style="font-size: small;">This most recent six months of data reflect the time immediately after the homebuyer tax credit expiration.  As you can see the drop in sales in this period was pretty dramatic.  The tax credit had the impact of drawing a lot of home sales into the first six months of the year and causing an extensive slow down afterward.  The graph shows that that there has been a leveling off of  home sales in West Chester and Liberty Township during this last six months timeframe.</span></p>
<p><span style="font-size: small;">To put these levels of home sales in proper perspective we can also compare them to the same time periods of the last two years.  In the fall of last year (2009) we had just seen the extension of the original </span><a title="West Chester &amp; Liberty Township First Time Homebuyer" href="http://www.lowryteam.com/buyer-first-time.asp" target="_blank"><span style="font-size: small;">first time homebuyer</span></a><span style="font-size: small;"> tax credit.  In the fall of 2008 we were in the midst of the financial crisis with the all of the bank failures, etc. which </span><a href="http://blog.lowryteam.com/files/2010/12/3-year-home-sales-dec-trends-report1.png"></a><span style="font-size: small;">caused a very significant slow down at the time in home sales.  So when you compare the last three year’s home sales for this time period of July – December you can see that our current level of home sales had been tracking at a level that was below the levels seen during the financial crisis, but in December moved upward slightly, basically pulling even with December 2008 and down 13.16% compared to home sales in December 2009.</span></p>
<p style="text-align: center;"><a href="http://blog.lowryteam.com/wp-content/uploads/2011/01/West-Chester-Liberty-Township-Real-Estate-Sales.png"><img class="size-medium wp-image-871 aligncenter" style="margin-top: 12px; margin-bottom: 12px; border: black 3px solid;" title="West Chester &amp; Liberty Township Real Estate Sales" src="http://lowry.realty-buzz.com/files/2011/01/West-Chester-Liberty-Township-Real-Estate-Sales-300x202.png" alt="West Chester &amp; Liberty Township Real Estate Sales" width="300" height="202" /></a></p>
<p><span style="font-size: small;">This continues to be a pretty amazing statistic when you consider that we are operating in an environment of both extremely low interest rates and home prices.  One factor that may provide an uptick of some sort in home sales in the near term is </span><a title="Home Mortgage Interest Rate Update" href="http://blog.lowryteam.com/2011/01/03/lowryteam-com-interest-rates-update-for-west-chester-liberty-township-ohio/"><span style="font-size: small;">rising interest rates</span></a><span style="font-size: small;">.  Rates have definitely risen off of their lowest levels and history tells us that when rates go up, they tend to go up fast.  Some homebuyers may be fearful of missing out on these really low rates and will jump into the market to get a home under contract while the below 5.00% interest rates are still available.  This could result in a small upward trend for home sales in the next few months over the current levels.</span></p>
<p><strong><span style="font-size: small;">Average sale price for the last six months (July – December) is next:</span></strong></p>
<p style="text-align: center;"><a href="http://blog.lowryteam.com/wp-content/uploads/2011/01/West-Chester-Liberty-Township-Real-Estate-Market-Statistics.png"><img class="aligncenter size-medium wp-image-875" style="margin: 12px 14px; border: black 3px solid;" title="West Chester &amp; Liberty Township Real Estate Market Statistics" src="http://lowry.realty-buzz.com/files/2011/01/West-Chester-Liberty-Township-Real-Estate-Market-Statistics-300x199.png" alt="West Chester &amp; Liberty Township Real Estate Market Statistics" width="300" height="199" /></a></p>
<p><span style="font-size: small;">In this graph you can see the movement of the average sale price for West Chester and Liberty Township, Ohio real estate sales in 2010.  If you watch the trend line you can see a gradual decline for 2010.  Average sale price gets quite a bit of attention in the media with reports that quote “home prices fell” or “home prices rose” in this particular quarter or month or whatever.  The average sale price is nothing more than what it’s called – an average price of all of the homes sold in a particular time frame. </span></p>
<p style="text-align: center;"><span style="font-size: small;"><a title="West Chester &amp; Liberty Township Real Estate, Home Values" href="http://www.homevaluesincincy.com" target="_blank"><span style="font-size: medium;">Track Home Sales In Your West Chester or Liberty Township Ohio Neighborhood Here &gt;&gt; Get Your Personal Market Snapshot!</span></a></span></p>
<p><span style="font-size: small;">Homes are not worth more now than they were at the beginning of the year.  Any increase or decrease in the average sale price is reflective of the activity of that time frame.  A perfect example of this is the month of August which according to the graph shows a huge increase in the average sale price over the month of July.  A look inside the numbers explains… In July, 17 of the total 82 closed sales that month were under $140,000 in sale price, in August there were only 6 of a total 78 closed sales in that same price range.  Less sales in the lower price ranges will cause the average sale price to be higher.  In addition, in July there were just 4 closed sales over $400,000 compared to 9 closed sales in August over $400,000.  So, was the average sale price higher because homes were worth more?  No, there was just a very different mix of homes that sold.</span></p>
<p style="text-align: center;"><a href="http://blog.lowryteam.com/wp-content/uploads/2011/01/West-Chester-Liberty-Township-Real-Estate-Sales-Prices.png"><img class="aligncenter size-medium wp-image-877" style="margin: 12px 14px; border: black 3px solid;" title="West Chester &amp; Liberty Township Real Estate Sales Prices" src="http://lowry.realty-buzz.com/files/2011/01/West-Chester-Liberty-Township-Real-Estate-Sales-Prices-300x198.png" alt="West Chester &amp; Liberty Township Real Estate Sales Prices" width="300" height="198" /></a></p>
<p><span style="font-size: small;"><strong>List to sale price ratio:</strong> </span></p>
<p><span style="font-size: small;">The List to Sale Price ratio is calculated by dividing the final sale price into the list price to find the percentage of the list price that a given home sells for.  The West Chester and Liberty Township Ohio List to Sale Price Ratio is 95.68% for the six month period of July – December 2010.  As you can see the monthly List to Sale Price Ratio has seen some big swings up and down in the last year.  The swings up and down are an indicator of the lack of stability in the West Chester and Liberty Township real estate market right now.  The highlighted center area of the graph shows what appears to be the middle ground right now for the market.  The previous two months had been below this range, indicating that homeowners are accepting lower offers when compared to their list prices than had been the case in previous months.  In December the list to sale price ratio for West Chester &amp; Liberty Township move back up into the middle of the middle ground so to speak.</span></p>
<p><span style="font-size: small;">The one factor that remains true, through all of the market’s ups and downs is that homes that sell quickly, sell for a much higher percentage of their list price.  In the most recent six months, homes that sold in the first thirty days that they were on the market sold for 97.35% of list price.  As you can see, this is a much higher final sales price compared to the overall market average.</span></p>
<p><strong><span style="font-size: small;">Summary:</span></strong></p>
<p><span style="font-size: small;">As was stated in last month&#8217;s <a title="LowryTeam.com Real Estate Market Trends Report" href="http://blog.lowryteam.com/2010/12/27/lowryteam-com-monthly-real-estate-trends-report-december-2010/">LowryTeam.com: West Chester, Beckett Ridge and Liberty Township real estate market update</a>, the market remains challenging, yet full of opportunity. Clearly the </span><a title="West Chester, Mason &amp; Liberty Township Ohio Home Values" href="http://www.lowryteam.com/seller-value.asp" target="_blank"><span style="font-size: small;">value of homes</span></a><span style="font-size: small;"> in the area has fallen over the past couple of years and frankly, in certain price ranges, the values are likely to fall farther.  The primary threats to the 2011 real estate market and any potential recovery are continued high unemployment and the potential loss of the mortgage interest tax deduction.  Interest rates have now risen off of their lows, but still remain at very attractive levels below 5.00% which provide a great environment for buying a new home.</span></p>
<div><span style="font-size: small;">Your comments and questions are always welcome!</span></div>
<div><span style="font-size: small;"> </span></div>
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<div><span style="font-size: small;">Wondering what your home is worth in today’s real estate market?  <strong><a title="West Chester, Mason &amp; Liberty Township Ohio Home Values" href="http://www.lowryteam.com/seller-value.asp" target="_blank">Request a market analysis here!</a></strong></span></div>
<p><span style="font-size: small;"> <strong><a title="West Chester &amp; Liberty Township Real Estate, Homes For Sale" href="http://www.lowryteam.com/myhomes.asp" target="_blank">Check Out My Feature Homes For Sale In West Chester, Fairfield and Liberty Township, Ohio</a></strong></span></p>
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<td><span style="font-size: small;">posted by <strong>Eric Lowry</strong><br />
</span><a href="mailto:eric@lowryteam.com"><span style="font-size: small;">Email Me</span></a><span style="font-size: small;"> | </span><a title="West Chester &amp; Liberty Township Real Estate, Homes For Sale" href="http://www.viphomefinder.com/search" target="_blank"><span style="font-size: small;">Search For Homes<br />
www.LowryTeam.com</span></a><span style="font-size: small;"> | P: (513) 874-1830</span></td>
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		<title>West Chester OH Real Estate: What Impact Does Homearama Have On Home Sales?</title>
		<link>http://blog.lowryteam.com/2011/01/26/west-chester-oh-real-estate-what-impact-does-homearama-have-on-home-sales/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=west-chester-oh-real-estate-what-impact-does-homearama-have-on-home-sales</link>
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		<pubDate>Wed, 26 Jan 2011 13:00:50 +0000</pubDate>
		<dc:creator>Eric Lowry</dc:creator>
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		<description><![CDATA[What Impact Does Homearama Have On Home Sales? Homearama 2011 is coming to West Chester, Ohio and it is sure to generate alot of excitement, with large crowds and lots of exposure for West Chester and Liberty Township Ohio real estate.  Good press for the West Chester community and a little excitement for the housing... <a href="http://blog.lowryteam.com/2011/01/26/west-chester-oh-real-estate-what-impact-does-homearama-have-on-home-sales/" rel="nofollow">Read More</a>]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: small;"><strong><span style="font-size: medium;"><a href="http://www.LowryTeam.com"><img class="alignleft size-medium wp-image-862" style="margin: 12px 14px;" title="Foxborough Subdivision - Homearama 2011 West Chester Ohio Real Estate" src="http://lowry.realty-buzz.com/files/2011/01/foxborough-300x225.jpg" alt="Foxborough Subdivision - Homearama 2011 West Chester Ohio Real Estate" width="300" height="225" /></a>What Impact Does Homearama Have On Home Sales?</span></strong></span></p>
<p><span style="font-size: small;">Homearama 2011 is coming to <a title="West Chester Ohio Real Estate" href="http://www.lowryteam.com/local-info.asp" target="_blank">West Chester, Ohio</a> and it is sure to generate alot of excitement, with large crowds and lots of exposure for West Chester and <a title="Liberty Township Ohio Real Estate" href="http://www.lowryteam.com/local-town2.asp" target="_blank">Liberty Township Ohio real estate</a>.  Good press for the West Chester community and a little excitement for the housing market in our area are certainly welcome.</span></p>
<p><span style="font-size: small;">But what is the impact of Homearama 2011 on luxury home sales in West Chester and Liberty Township?</span></p>
<p><span style="font-size: small;">First let&#8217;s establish that the exposure and excitement generated by the luxury home show are definite positives and truly a good thing.  The show organizers have estimated that as many as 40,000 consumers will visit the show.  That&#8217;s good news for West Chester restaurants and businesses.</span></p>
<p><span style="font-size: small;">What the true impact on luxury home sales in <a title="West Chester Ohio Real Estate" href="http://www.lowryteam.com/local-info.asp" target="_blank">West Chester</a> and <a title="Liberty Township Ohio Real Estate" href="http://www.lowryteam.com/local-town2.asp" target="_blank">Liberty Township</a> is might not be as rosy.  If you establish that the luxury home market in West Chester and Liberty Township is defined as $500,000 and up, here&#8217;s what it looks like:</span></p>
<p><span style="font-size: small;">There are currently 35 <a title="West Chester &amp; Liberty Township Real Estate, Homes For Sale" href="http://www.VIPHomeFinder.com/search" target="_blank">homes for sale in West Chester and Liberty Township</a> in this price range.</span></p>
<p><span style="font-size: small;">In the last 6 months there have been 13 homes sold and closed in this same price range, which is an average of 2 homes per month.  This means there is a 16 month supply of homes for sale in this luxury home market.  This is a large oversupply of homes for sale in this price range and the Homearama luxury home show is adding to it.  According to the <a title="Cincinnati Home Builders" href="http://www.cincybuilders.com" target="_blank">Home Builders Association of Greater Cincinnati</a> at least 7 homes will be built, with 2 of them having been presold.  As of this writing 5 of the <a title="Search The Cincinnati MLS - Homes For Sale!" href="http://www.VIPHomeFinder.com/search" target="_blank">homes are listed for sale in the Multiple Listing Service of Greater Cincinnati (MLS)</a>.</span></p>
<p><span style="font-size: small;">So what is the issue?  The issue is&#8230; if you are thinking of <a title="Selling Your West Chester Ohio Home - Hassle Free Listing System" href="http://www.LowryTeam.com" target="_blank">selling your luxury home in West Chester or Liberty Township</a> your competition just got tougher and now there is more of it.  16 months of inventory is alot.  16 months of inventory means that if no new listings come on the market in this price range and homes continue to sell at their current pace, it would take until approx. <span style="text-decoration: underline;">June 1st of 2012</span> to get all of the homes sold!</span></p>
<p><span style="font-size: small;">The solution?  If you have a home to sell in the luxury home price range ($500,000 and up) you need to do 3 things:</span></p>
<p><span style="font-size: small;">1.)  Get your home professionally staged &#8211; you&#8217;re competing with homearama homes here.</span></p>
<p><span style="font-size: small;">2.)  Get your home on the market now before more inventory causes even more pricing pressure.</span></p>
<p><span style="font-size: small;">3.)  Price your home to sell based on a detailed market value analysis.</span></p>
<div>
<div><span style="font-size: small;">Wondering what your home is worth in today’s real estate market?  <strong><a title="West Chester, Mason &amp; Liberty Township Ohio Home Values" href="http://www.lowryteam.com/seller-value.asp" target="_blank">Request a market analysis here!</a></strong></span></div>
<div><span style="font-size: small;"><strong> </strong></span></div>
<div><span style="font-size: small;"><strong><a title="Search For Luxury Homes For Sale" href="http://www.VIPHomeFinder.com/search" target="_blank">Click Here To Search For Luxury Homes For Sale In West Chester and Liberty Township!</a></strong></span></div>
<p><span style="font-size: small;"> <strong><a title="West Chester &amp; Liberty Township Real Estate, Homes For Sale" href="http://www.lowryteam.com/myhomes.asp" target="_blank">Check Out My Feature Homes For Sale In West Chester, Fairfield and Liberty Township, Ohio</a></strong></span></p>
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<td><span style="font-size: small;">posted by <strong>Eric Lowry</strong><br />
</span><a href="mailto:eric@lowryteam.com"><span style="font-size: small;">Email Me</span></a><span style="font-size: small;"> | </span><a title="West Chester &amp; Liberty Township Real Estate, Homes For Sale" href="http://www.viphomefinder.com/search" target="_blank"><span style="font-size: small;">Search For Homes<br />
www.LowryTeam.com</span></a><span style="font-size: small;"> | P: (513) 874-1830</span></td>
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		<title>Liberty Township Ohio Real Estate Market Breakdown &#8211; January 2011</title>
		<link>http://blog.lowryteam.com/2011/01/24/liberty-township-ohio-real-estate-market-breakdown-january-2011/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=liberty-township-ohio-real-estate-market-breakdown-january-2011</link>
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		<pubDate>Mon, 24 Jan 2011 21:10:12 +0000</pubDate>
		<dc:creator>Eric Lowry</dc:creator>
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		<description><![CDATA[Liberty Township OH Real Estate Market Breakdown &#8211; 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... <a href="http://blog.lowryteam.com/2011/01/24/liberty-township-ohio-real-estate-market-breakdown-january-2011/" rel="nofollow">Read More</a>]]></description>
			<content:encoded><![CDATA[<p><a href="http://blog.lowryteam.com/wp-content/uploads/2011/01/West-Chester-Market-Stats-2011.png"></a><span style="font-size: medium;"><strong>Liberty Township OH Real Estate Market Breakdown &#8211; January 2011</strong></span></p>
<p><span style="font-size: small;"><a href="http://blog.lowryteam.com/wp-content/uploads/2011/01/dollar-sign-a.jpg"><img class="alignleft size-thumbnail wp-image-842" style="margin: 12px 14px;" title="dollar sign a" src="http://lowry.realty-buzz.com/files/2011/01/dollar-sign-a-139x150.jpg" alt="" width="125" height="135" /></a>Last week we broke down the <a title="West Chester Real Estate Market Activity" href="http://blog.lowryteam.com/2011/01/10/west-chester-oh-real-estate-market-breakdown-january-2011/">West Chester Ohio real estate market</a>.  This week we take a look at which price ranges are in the best shape from a home sellers perspective in <a title="Liberty Township Ohio Real Estate" href="http://www.lowryteam.com/local-town2.asp" target="_blank">Liberty Township, Ohio</a> 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&#8217;s different price ranges is to evaluate the amount of <a title="Homes For Sale" href="http://www.LowryTeam.com" target="_blank">homes for sale</a> in both the total area and also in each different price range.</span></p>
<p style="text-align: center;"><span style="font-size: large;"><span style="color: #ff0000;"><a title="Search Liberty Township Real Estate &amp; Homes For Sale" href="http://www.viphomefinder.com/community/area/Liberty+Township/" target="_blank">SEARCH ALL HOMES FOR SALE IN LIBERTY TOWNSHIP, OHIO</a></span></span></p>
<p><span style="font-size: small;">As you can see in the chart below, just like there was in the <a title="West Chester Ohio Real Estate" href="http://blog.lowryteam.com/2011/01/10/west-chester-oh-real-estate-market-breakdown-january-2011/">West Chester Ohio breakdown</a>, 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. </span></p>
<p><span style="font-size: small;">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. </span></p>
<p><span style="font-size: small;">A seller&#8217;s market would show a month&#8217;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&#8217;s market. The higher the number the stronger the buyer&#8217;s market. </span></p>
<p><span style="font-size: small;">Clearly we can see that a number of price ranges, as well as the overall market are a buyer&#8217;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 <a title="Selling Your West Chester Ohio Home - Hassle Free Listing System" href="http://www.lowryteam.com/seller-hassle-free.asp" target="_blank">selling your home</a>.</span></p>
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<div class="mceTemp mceIEcenter"><a title="Liberty Township Ohio Real Estate Market Breakdown" href="http://blog.lowryteam.com/wp-content/uploads/2011/01/Liberty-Township-Real-Estate-Market-January-2011.png"><img class="size-medium wp-image-857" style="margin: 12px 14px;" title="Liberty Township Real Estate Market January 2011" src="http://lowry.realty-buzz.com/files/2011/01/Liberty-Township-Real-Estate-Market-January-2011-300x180.png" alt="Liberty Township Real Estate Market January 2011" width="300" height="180" /></a></div>
<p style="text-align: left;"><span style="font-size: small;">Please keep in mind that these statistics are for </span><span style="font-size: small;"><a title="Liberty Township Ohio Real Estate" href="http://www.lowryteam.com/local-town2.asp" target="_blank">Liberty Township, Ohio</a></span><span style="font-size: small;"> only and should be considered along with the </span><span style="font-size: small;"><a title="West Chester Ohio Real Estate" href="http://www.lowryteam.com/local-info.asp" target="_blank">West Chester, Ohio</a></span><span style="font-size: small;"> real estate market statistics when making pricing decisions and <a title="Listing Your West Chester Ohio Home For Sale" href="http://www.LowryTeam.com" target="_blank">putting your home on the market</a>. </span></p>
<p style="text-align: left;"><span style="font-size: small;">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 </span><a title="Homearama Comes To West Chester Ohio" href="http://blog.lowryteam.com/2010/06/07/west-chester-liberty-township-oh-real-estate-homearama-comes-to-west-chester/"><span style="font-size: small;">Homearama luxury home show</span></a><span style="font-size: small;"> will have on the luxury home price ranges in the next few months in West Chester and Liberty Township, Ohio.</span></p>
<p style="text-align: left;"><span style="font-size: small;">Do you want to track the </span><a title="West Chester Real Estate Market Activity" href="http://www.LowryTeam.com" target="_blank"><span style="font-size: small;">real estate market activity</span></a><span style="font-size: small;"> in your West Chester Ohio neighborhood? Get a free, comprehensive real estate market report sent directly to your inbox at &gt;&gt; </span><a title="West Chester, Mason &amp; Liberty Township Ohio Home Values" href="http://www.homevaluesinwestchesteroh.com/" target="_blank"><span style="font-size: small;">Home Values In West Chester Ohio</span></a><span style="font-size: small;">.</span></p>
<p style="text-align: left;"><strong><a title="West Chester &amp; Liberty Township Real Estate, Homes For Sale" href="http://www.lowryteam.com/myhomes.asp" target="_blank"><span style="font-size: small;">Check Out My Feature Homes For Sale In West Chester, Fairfield and Liberty Township, Ohio</span></a></strong></p>
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<td><span style="font-size: small;">posted by </span><a title="About Eric Lowry, Top Selling West Chester, Beckett Ridge &amp; Liberty Township Real Estate Agent" href="http://www.lowryteam.com/agent-info.asp" target="_blank"><span style="font-size: small;"><strong>Eric Lowry</strong><br />
</span></a><a title="About Eric Lowry, Top Selling West Chester, Beckett Ridge &amp; Liberty Township Real Estate Agent" href="http://www.lowryteam.com/agent-info.asp" target="_blank"><span style="font-size: small;">Email Me</span></a><span style="font-size: small;"> | </span><a title="Search The Cincinnati MLS - Homes For Sale!" href="http://www.VIPHomeFinder.com/search" target="_blank"><span style="font-size: small;">Search For Homes<br />
www.LowryTeam.com</span></a><span style="font-size: small;"> | P: (513) 874-1830</span></td>
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