Real Estate In Midlothian is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.59 months supply of inventory on the market in Midlothian on December 31, 1969.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Midlothian last month was 25 days. It took on average 47 days to sell Midlothian Condo, Townhouse or a Duplex.
The number of home sales in Midlothian from October 1, 2019 through October 31, 2019 was 12 units. That is 1% above the number of homes sold last month in Midlothian.
The average price per square foot in the area is now $101/Sq.Ft, which is 4% an increase from last month.
In Midlothian there were 2 units sold in October in the price range between $53,000 – $111,288 with an average of 1.5 bedrooms and 1 bathrooms and average Square footage of 1,000SF.
In Midlothian there were 8 units sold in October in the price range between $111,289 – $277,287 with an average of 3.1 bedrooms and 1.3 bathrooms and average Square footage of 1,064SF.
In Midlothian there were 2 units sold in October in the price range between $277,288 – $385,000 with an average of 4 bedrooms and 3.1 bathrooms and average Square footage of 2,950SF.
The middle price range had the most activity. Homes up to $277,287 were on the market on average 25 days and sold an average of $155,737.
If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Midlothian. Search all Midlothian homes for Sale on propertyup.com If you are considering viewing Midlothian, you may want to do so now!