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!

Midlothian
Jul 1, 2019 – Jul 31, 2019
Aug 1, 2019 – Aug 31, 2019
Month
July
August
Average Listing Price
$179,542
$181,208
Median Sales Price
$161,528
$166,800
Month supply of inventory
5.2
5.6
Market Time Detached
21 days
34 days
Market Time Attached
56 days
48 days
Inventory
102 properties
105 properties
Low price range
$47,000 – $104,264
$76,000 – $121,400
Low price range market time
63 days
54 days
Low price range units sold
0
2
Low price range bedrooms
1.7
3.5
Low price range bathrooms
1
1.1
Low price range approx sqft
1,000 SF
1,258 SF
Mid price range
$104,265 – $205,763
$121,401 – $280,899
Mid price range market time
17 days
27 days
Mid price range units sold
15
14
Mid price range bedrooms
3.5
3
Mid price range bathrooms
1.4
1.5
Mid price range approx sqft
1,493 SF
1,362 SF
High price range
$205,764 – $250,000
$280,900 – $395,000
High price range market time
24 days
124 days
High price range units sold
3
1
High price range bedrooms
3.7
4
High price range bathrooms
2.4
4.1
High price range approxsqft
1,943 SF
4,007 SF