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 5.63 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 34 days. It took on average 48 days to sell Midlothian Condo, Townhouse or a Duplex.
The number of home sales in Midlothian from August 1, 2019 through August 31, 2019 was 17 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 $104/Sq.Ft, which is 6% an increase from last month.
In Midlothian there were 2 units sold in August in the price range between $76,000 – $121,400 with an average of 3.5 bedrooms and 1.1 bathrooms and average Square footage of 1,258SF.
In Midlothian there were 14 units sold in August in the price range between $121,401 – $280,899 with an average of 3 bedrooms and 1.5 bathrooms and average Square footage of 1,362SF.
In Midlothian there were 1 units sold in August in the price range between $280,900 – $395,000 with an average of 4 bedrooms and 4.1 bathrooms and average Square footage of 4,007SF.
The low price range had the most activity. Homes up to $121,400 were on the market on average 54 days and sold an average of $94,000.
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!