Worth Real Estate Market Update August 2018


Real Estate In Worth is a balanced market favoring buyers. There is significant amount of homes for sale in Worth, and buyers are not in a rush to buy yet. There is a 6.92 months supply of inventory on the market in Worth on August 31, 2018.



Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Worth last month was 21 days.
It took on average 29 days to sell Worth Condo, Townhouse or a Duplex.
The number of home sales in Worth from July 1, 2018 through July 31, 2018 was 16 units. That is 1% above the number of homes sold last month in Worth.

The average price per square foot in the area is now $98/Sq.Ft, which is 10% a decline from last month.



In Worth there were 5 units sold in July in the price range between $50,500 – $90,900 with an average of 1.6 bedrooms and 1 bathrooms and average Square footage of 900SF.

In Worth there were 6 units sold in July in the price range between $90,901 – $172,149 with an average of 3 bedrooms and 1.7 bathrooms and average Square footage of 1,308SF.

In Worth there were 5 units sold in July in the price range between $172,150 – $213,000 with an average of 4 bedrooms and 1.8 bathrooms and average Square footage of 1,753SF.

The middle price range had the most activity. Homes up to $172,149 were on the market on average 21 days and sold an average of $137,900.

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 Worth. Search all Worth homes for Sale on propertyup.com If you are considering viewing Worth, you may want to do so now!

Worth
Jun 1, 2018 – Jun 30, 2018
Jul 1, 2018 – Jul 31, 2018
Month
June
July
Average Listing Price
$176,657
$168,959
Median Sales Price
$156,000
$131,300
Month supply of inventory
6.8
6.9
Market Time Detached
21 days
21 days
Market Time Attached
28 days
29 days
Inventory
95 properties
99 properties
Low price range
$50,000 – $103,000
$50,500 – $90,900
Low price range market time
28 days
33 days
Low price range units sold
0
5
Low price range bedrooms
1.8
1.6
Low price range bathrooms
1
1
Low price range approx sqft
950 SF
900 SF
Mid price range
$103,001 – $194,749
$90,901 – $172,149
Mid price range market time
8 days
21 days
Mid price range units sold
3
6
Mid price range bedrooms
3
3
Mid price range bathrooms
1.3
1.7
Mid price range approx sqft
1,168 SF
1,308 SF
High price range
$194,750 – $233,500
$172,150 – $213,000
High price range market time
29 days
20 days
High price range units sold
5
5
High price range bedrooms
3.2
4
High price range bathrooms
2
1.8
High price range approxsqft
1,805 SF
1,753 SF

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source http://realestatevibe.com/worth-real-estate-market-update-August-2018/

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