Cincinnati Real Estate

Greater Cincinnati's Real Estate Connection

Are Cincinnati Condos Selling?

filed under: Real Estate posted on November 9th, 2017

Are Cincinnati condos really selling?

The answer is yes!  The average sale price is up in all 4 counties and currently, the average sale price for condos in greater Cincinnati is $166,211  compared to $147,306  during the same time frame in 2016.

According to the Cincinnati Multiple Listing Service has 565 condos listed for sale.

Search

Sales volume comparing year-to-date in the 4 counties below.  Data pulled from the Multiple Listing Service of Greater Cincinnati:

Cincinnati Condos

Clermont County is the only county lagging behind when comparing sales to last year.  The average sale price is higher but the sales volume and number of condos sold is down.

The CincyMLS covers all the surrounding counties (as far north as Dayton) and sale prices do vary by areas.  As you’ll see the average sale price in all the counties increased from the same time frame last year.

  2016   2017  
  # Units Avg Sales Price # Units Avg Sales Price
Butler 445 $97,055 436 $105,506
Clermont 318 $125,445 277 $130,733
Hamilton 1430 $163,295 1437 $190,893
Warren 452 $167,195 423 $178,793
         
         

The number of condos sold in October 2017 is almost equal to 2016.  However, the number of new listings is down -2.3% from last month and -1.7% from October of 2016.  It’s important for buyers and sellers to have up-to-date information about local condo sales and listings before making any decisions.

Cincinnati Market Share Condos

Questions real estate in your complex or neighborhood-send a request for a full market evaluation.  Anything else – Call/Txt

 

Comments are closed.