Cincinnati Homes for Sale-Cincinnati Real Estate

Rebounding Housing Market?

filed under: Real Estate posted on July 25th, 2012

According to yesterday’s Wall Street Journal, compiling data from a variety of sources, the housing market appears to be recovering.

After 57 months of falling prices, the real estate market in the United States has finally climbed up to “zero”.  The graph below (also from yesterday’s article) shows the trend- but it’s critical for home sellers in greater Cincinnati to understand that recovery does not equate to  higher appraisals and sale prices….yet.

Usually most home owners have some idea of what their home is worth but if you want specifics- call/email me or stay up-to-date on the housing market in greater Cincinnati - Subscribe now.

Checking the Cincy MLS for buyers and agents have 10,360 single family homes and 1685 condos available for sale.  Lots of competition so if you live in one the  zip codes listed below take a moment to compare the numbers from the last report.  The median list price for homes in  45040 and 45233 are rising.  Most of the area either holding steady or have experienced slight declines.

This entry was posted on Wednesday, July 25th, 2012 at 11:55 am and is filed under Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

1. boca raton real estate said at July 29th, 2012 at 2:46 pm

   Thanks for your informative post.

2. Cincinnati Homes for Sale-Cincinnati Real Estate » Who Knows About Cincinnati Homes for Sale? said at July 31st, 2012 at 5:16 pm

   [...] or 1680 condo sellers, your property is either priced to be “in the game” or not.  Last week’s real estate market showed some spunk but this week’s is a mixed bag with some price increases [...]