3049 Granny Smith Lane, Monroe, Ohio 45044

Monroe, Ohio 45044

Minutes To Schools & Shopping

Monroe Ohio Schools

$165,000 - Three Bedrooms – Two Full Baths, One Half Baths

This Is A Terrific Home – Finished Lower Level!

• Applegate Subdivision
• Wooded, Park-Like Wooded Lot 
• Move In Condition  
• Eat-In Kitchen w/ Newer Laminate Flooring & Breakfast Bay 
• Open Two Story Foyer
• Warm, Inviting Family Room w/ Gas Fireplace
• Master w/ Adjoining Garden Bath
• Formal Dining Room  
• Finished Lower Level
• Much More – Don’t Wait To See This One!

Monroe, Ohio Home For Sale On  www.LowryTeam.com

Thinking of buying a home in West Chester, Beckett Ridge or Liberty Township, Fairfield Township, Monroe or Mason Ohio?

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6426  Winding Oaks Drive, Liberty Township, Ohio 45044

Liberty Township, Ohio 45044

Woods Of Hawthorne Subdivision

Lakota Schools

$325,000 - Four Bedrooms – 2.5 Baths

This Is A Terrific Home In The Woods Of Hawthorne Subdivision:

• Move In Condition
• Private, Wooded Lot 
• Beautiful Kitchen w/ Counter Bar, Hardwood Floors & More
• First Floor Study
• Two Story Family Room w/ Gas Fireplace
• Cathedral Master w/ Whirlpool Bath
• Walkout Lower Level
• Formal Living & Dining Room
• Second Floor Bonus Room 
• Front and Rear Staircases
• More Updates – Don’t Wait To See This One!

Click here to see more information on this terrific Liberty Township, Ohio home for sale including many more photos

Thinking of buying a home in West Chester, Beckett Ridge or Liberty Township, Fairfield Township, Monroe or Mason Ohio?

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6636 Eagle Creek Drive, Liberty Township, Ohio 45011

6636 Eagle Creek Drive, Liberty Township, Ohio 45011

Liberty Township, Ohio 45011

Lakota Schools

$289,900  - Four Bedrooms – Two Full Baths, One Half Bath

This is a beautiful, move in ready home in Liberty Township:

• 2900+ Square Foot Custom Built Home
• Two Story Foyer w/ Hardwood Floors
• Two Story Great Room w/ Beautiful Stone Fireplace
• Large Kitchen Features Island, Hardwood Floors, Breakfast Nook & Planning Desk
• Formal Dining Room w/ Recessed Ceiling, Crown Molding & Chair Rail
• First Floor Study w/ Oak Paneling & French Doors
• Cathedral Master Suite Features A Sitting Room w/ Fireplace, Luxury Bath & Huge Walk-In Closet
• Terrific Three Season Room Overlooks Rear Yard
• Walkout Lower Level
• Three Car Garage
• One Year Home Warranty
• Close To Schools, Shopping, Dining & Expressways!

Click here to see more information on this terrific Liberty Township, Ohio home for sale including many more photos

Moving to West Chester or Liberty Township, Ohio?  Request our Relocation Packet  It’s full of information about our area

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

 Sales were down for the 1st half of 2008 when compared to the 1st half of last year.  This should come as no surprise to anyone.  Everywhere you look and/or read the message is the same for the most part. (Some of the reports make things out to be worse than others). Unit sales (closings)  were down 12.28% in West Chester and Liberty Township. 

Does this mean that you won’t be able to sell your home if you need to?  It most certainly does not.  I am successfully selling homes each and every month of this year and some of them pretty quickly.  What all of this does mean is: (1.) you must prepare your home for the market (2.) you must price it properly and (3.) you need a strong marketing effort.

Average sale prices were down 5.94% for the 1st half of 2008 when compared to the same period in 2007. There is no way to paint this statistic in a good light.  This is a large decrease in the average sale price for West Chester and Liberty Township homes. Again, this emphasizes the need to price your home correctly in today’s market.  Thinking of selling?  Click here to learn the current market value of your West Chester and Liberty Township. Ohio home.

Interest rates continue to be very volitale.  In the last week I have seen rates move lower to 6.20% for a 30 year fixed rate mortgage from a recent high of 6.55%.  The rates are changing daily.  If you need a referral to a good lender with competitive rates and closing costs please let me know.  Mortgage rate locks can become crucial right now. Read this article in my August online newsletter.

Moving to West Chester, Liberty Township, Mason Or Cincinnati, Ohio?  Click here to receive our Relocation Packet, full of information and completely free, with no obligation!

Your questions and comments are always welcome!

February 2008 Home Sales For West Chester & Liberty Township, Ohio

When is a decrease in home sales good news??

When the decrease in the number of closed units is the lowest percentage decrease in quite some time.

Home sales in West Chester and Liberty Township fell by 3.66% in February 2008 when compared to February 2007.  This is remarkable when you consider that the last couple of months decreases were 29.27% In January and 21.00% in December.  We are seeing sporadic increases of showing activity by buyers, however these showings are not resulting in an increase in sales as of yet, however this is clearly an improvement over the steep declines that we were seeing. 

The average sale price in West Chester and Liberty Township was $228,849 in February.   This is a lower average sale price than what was seen in February of 2007.  It is 2.63% lower than 2007.  This is certainly not surprising and continues to re-inforce the need to price your home aggressively to get it sold. 

Wondering what your home is worth??

Click here to find the current market value of your home

The average days on market rose to an average of 84 days on the market,  which is a 14 day increase over homes that closed in January and it is just a 2 day increase over February 2007.  Keep in mind, the "days on market" statistic is based on homes that have sold and closed, and is not impacted by homes that are still for sale.  So that home that you drive by everyday, that you know has been for sale for months and months, is not factored into this statistic.

The list price to sale price ratio was considerably lower again in February 2008 as compared to February 2007.  It fell 1.69 basis points from the prior year and was .09 basis points higher than January 2008.  This list to sale price ratio of 95.19% is one of the strongest indicators of jus how much of a buyer’s market this really is.

Mortgage rates have climbed considerably.   Mortgage rates which were hovering around 5.49% for a thirty year fixed rate mortgage just weeks ago, are now  at 6.05% for the same thirty year fixed rate mortgage.  I had many people tell me that they were waiting for rates to go even lower when they were at 5.49%.  These people waited to buy or refinance and missed out on a great rate.  Will the rates return to these lower levels??  Only time will tell.  My guess is they may not get below 5.50%  again for quite some time.  If they do, I sure wouldn’t wait again!

As always I will continue to monitor these market numbers  for West Chester and Liberty Township Ohio and will share them as they become available.  Should you have particular questions about these numbers please let me know!

If you would like to learn the current market value of your home I would be happy to provide you with it.

Moving to West Chester, Liberty Township, Mason Or Cincinnati, Ohio?  Click here to receive our Relocation Packet, full of information and completely free, with no obligation!

I would love to hear your thoughts and comments!

8894 Steeplechase Way

West Chester, Ohio 45069

Lakota Schools

$200,000  - Four Bedrooms – Two Full Baths, One Half Bath

This is a beautiful, move in ready home in Saratoga Farms:

• Bright, Open Floor Plan
• Warm,Inviting Family Room w/ Fireplace
• Formal Living and Dining Rooms
• Large Kitchen Features New Hardwood Floors, Breakfast Nook & Island
• Terrific Luxury Master Suite w/ Adjoining Garden Bath & Huge Walk-In Closet
• Many Updates Including New Exterior Doors (08) & Windows (07)
• One Year Home Warranty
• Close To Schools, Shopping, Dining & Expressways!

To see more information on this home including many more photos and a virtual tour click here

Moving to West Chester or Liberty Township, Ohio?  Request our Relocation Packet  It’s full of information about our area!

8111 Tollbridge Court

West Chester, Ohio 45069

Lakota Schools

$229,900  - Three Bedrooms – Two Full Baths, One Half Bath

Don’t Wait To See This Home:

• Beautiful, Open Floor Plan
• Vaulted Great Room Features Gas Fireplace
• Vaulted Dining Room w/ Hardwood Floors
• Large Kitchen Features Hardwood Floors, Breakfast Nook & Island
• First Floor Master Suite w/ Adjoining Luxury Bath
• Terrific, Sought After Cul-de-Sac Street (Tollbridge Court)
• One Year Home Warranty
• Close To Schools, Shopping, Dining & Expressways!

To see more information on this home including many more photos and a virtual tour click here

January 2008 Home Sales For West Chester & Liberty Township, Ohio

In review…

The number of closed units fell by 29.27% which continues to show a weak market for home sales.  We are seeing sporadic increases of showing activity by buyers, however these showings are not resulting in increased sales as of yet.  This just re-inforces the need to price a home very competitively to get it sold.  There are homes selling,  as evidence by these homes which sold in 35 DAYS, 38 DAYS, 18 DAYS and 28 DAYS!

The average sale price was $219,688 in January.  As I have stated before this is probably the most over examined statistic in real estate today.  This month it does reflect a lower average sale price than what was seen in January of 2007.  It is 3.89% lower than 2007.  This is certainly not surprising.

The average days on market came down to an average of 70 days on market which is a huge improvement over the average of 102 days that we saw on the homes that closed in December and it is also lower than the average for January 2007.  This can be looked at as a positive sign, however it is based on the smallest sampling of sales that we have seen in some time and we do still have an increasing inventory of homes for sale.

The list price to sale price ratio was considerably lower again in January 2008 as compared to January 2007.  It fell .76 basis points from the prior year and .62 points when compared to December 2007.

For a bit of really good news…  we continue to look to mortgage rates which are hovering around 5.65% for a thirty year fixed rate mortgage.  These are unbelievable times to be buying a home!

As always I will continue to monitor these market numbers  for West Chester and Liberty Township Ohio and will share them as they become available.  Should you have particular questions about these numbers please let me know!

If you would like to learn the current market value of your home I would be happy to provide you with it.

Moving to West Chester, Liberty Township, Mason Or Cincinnati, Ohio?  Click here to receive our Relocation Packet, full of information and completely free, with no obligation!

I would love to hear your thoughts as well!