Mon Jan 17 2022
This week the median list price for West Chester, OH 45069 is $490,200 with the market action index hovering around 67. This is less than last month's market action index of 74. Inventory has decreased to 22.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$490,200|
|Median Price of New Listings||$380,900|
|Per Square Foot||$161|
|Average Days on Market||91|
|Median Days on Market||70|
|Strong Seller's Market|
The value placed on homes appears to be on the upswing, despite the fact that prices in general have remained basically flat. These conditions can arise when inventory is light and a greater number of smaller homes have more influence on overall prices.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$779,000||5,260||1 - 2.5 acres||4||3.5||13||0||0||119|
|$575,190||2,816||0.5 - 1 acre||3||3||34||1||1||56|
|$468,400||2,519||0.25 - 0.5 acre||3||2||33||1||2||52|
|$297,450||2,162||0.5 - 1 acre||3||2.3||50||1||1||73|