Real Estate Update for Greater Cincinnati Townships
St Patrick’s Day is just around the corner and everybody in greater Cincinnati is “Irish” for a few days.
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In addition to everyone becoming Irish the local real estate market is greening up for lots of sales in the coming months.
A quick look at real estate activity in some of Cincinnati’s larger townships this week. The median list prices for listings across the area continue to bounce up and down as buyers struggle to find new listings hitting the market. The number of listings is still low and the data is pulled from the Multiple Listing Service of Greater Cincinnati potential buyers have 8185 single family homes and 1356 condos to buy-an increase of a few new listings from the last township report.
The median list prices have been fairly consistent over the past 2 weeks. Sellers continue to scratch their heads because they don’t understand why -with a shortage of homes for sale- properties that are over priced are overlooked by serious buyers. So if you’ve had your property up for sale for more than 45 days without an offer, it’s probably time to sit down and discuss pricing strategy with your agent.
Have a fun filled weekend house hunting and celebrating St. Patrick’s Day -who knows maybe a green colored beverages will open up your eyes to new housing opportunities.
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