Kathy S. Koops
kathy.koops@cbws.com
Direct: 513-300-4090
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Mason Ohio

Sellers Continue to Reduce Prices on Real Estate

Trulia released a report this week showing at least 24% of the real estate listings on the market had at least one price reduction.  The number reflects a 9% increase from the previous month.  The report tracks the top 50 cities with price reductions- good news Cincinnati did not make the list….which could also be bad news if housing stock is just sitting on the market going nowhere.

The trend reinforces that buyers are back to normal and with the expiration of the home buying tax credit- sellers really need to be proactive when pricing their properties in the metro Cincinnati area.

If your property is for sale and you haven’t reduced the asking price in the last 30-45 days- think about it.  Make sure you are looking at current market data and not relying on what you “think” you home is worth as a pricing strategy.

Posted by Kathy Koops | Discussion: Comments Off

A Snapshot of Cincinnati Real Estate

This week versus last week for metro Cincinnati real estate.

Below is the Market Action Reports for 6 zip-codes in the greater Cincinnati area:
45208
45208 REAL ESTATE
45233
45233 real estate
45069
45069 real estate
45040
45040 real estate
45014
45014 real estate
45011

45011 real estate

This is the abbreviated version of the detailed information available for the zip-codes.

Click here to order your report….or call or email for details.

Posted by Kathy Koops | Discussion: 1 Comment »

A Week in Metro Cincy Real Estate

This week versus last week for metro Cincinnati real estate.

Below is the Market Action Reports for 6 zip-codes in the greater Cincinnati area:
45011
real estate in 45011
45014
homes in 45014
45040
45040 homes
45069

45208

 45233

This is the abbreviated version of the detailed information available for the zip-codes.

Click here to order your report….or call or email for details.

Posted by Kathy Koops | Discussion: 2 Comments »

Mason Ohio Real Estate

Prices on condos and single family homes continue to gyrate with the roller coaster real estate market.

According to the Multiple Listing Service of Greater Cincinnati:

Mason School District

Single Family

Average Price

Days on Market

Condos

Average Price

Days on Market

Actives

186

$402,648

103

107

$163,698

103

Pendings

42

$355,780

54

20

$162,210

76

Closed (01/01/10-05/31/10)

117

$257,889

83

70

$152,481

99

Data from Greater Cincinnati Multiple Listing Service

In both categories- condos and single family homes- listing prices are down, pending sale prices are up and sold (closed) prices are down.  It appears that sellers are remaining realistic with list prices.

June should see an increase in closings- as buyers race to meet the June 30th tax deadline.

Need more detailed information- email or call.

Don’t be a real estate slacker-stay current on market conditions.

Posted by Kathy Koops | Discussion: 2 Comments »

April Update for Mason Ohio Real Estate

  

Don’t be a real estate slacker-stay current on market conditions.  

Single family homes expeience an uptick in pending sale prices.

According to the Multiple Listing Service of Greater Cincinnati:

Mason School District

Single Family

Average Price

Days on Market

Condos

Average Price

Days on Market

Actives

176

$415,913

98

104

$165,914

100

Pendings

43

$307,244

55

33

$148,069

76

Closed (01/01/10-04/30/10)

83

$267,980

98

40

$163,391

121

Data from Greater Cincinnati Multiple Listing Service

Stay tuned as we watch what happens in the Mason (and other areas) real estate with the expiration of the buyer tax credit and the scramble to close the pending sales by end of June, 2010.

Need more detailed information- email or call.

Posted by Kathy Koops | Discussion: Comments Off

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