Measuring the greater Cincinnati real estate market shows asking prices are inching up in 2013!
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Measuring buyer traffic reflects a significant increase in Open Houses and Agent showings. Traffic doesn’t guarantee offers- but the increase may help spur interest of other buyers in the marketplace. Nothing sparks buyer motivation more than finding out a property they are thinking about is having an open house or when they drive by- they see other buyers wandering around the property.
According to the Multiple Listing Service of Greater Cincinnati potential buyers have 8162 single family homes and 1363 condos to buy-a very tiny increase from 2 weeks ago. Also compared to last report, lots of increases in the median list prices for many of the zip codes.