Cincinnati Homes for Sale-Cincinnati Real Estate

Quick Look at Cincinnati’s Real Estate Market

filed under: For Sellers posted on July 18th, 2012

It’s good to frame this week’s real estate activity in greater Cincinnati by taking a minute to review the report from last week.

The number of single family homes continues to decline with 10,297 active listings, while the condo inventory remains steady with 1693 listings.  Contrary to popular belief shrinking inventory does not increase buyer interest.  Older listings end up gather dust on the shelf while newly listed properties are gobbled up almost as soon as they hit the market.  More new listings spurs more buyers back into the “buying mode”.  So if you’re a seller waiting for the market to pick up steam…this real estate market is waiting for you to put a sign out front of your house.

In 6 key zip codes prices continue to fluctuate and according to data pulled from the Multiple Listing of Greater Cincinnati.

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This entry was posted on Wednesday, July 18th, 2012 at 10:26 am and is filed under For Sellers. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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