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Kathy S. Koops
kathy.koops@cbws.com
Direct: 513-300-4090
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Real Estate Activity for the Cincinnati Burbs

So you ask- what’s happening in real estate throughout greater Cincinnati area. For a quick look at Market Action Reports by zip-code see below:

45011
fairfield township housing 
45014
fairfield housing
45040

45069

This is the short version of the detailed information available for the zipcodes- call or email if you would like the details.

Posted by Kathy Koops | Discussion: No Comments »

Year-to-Date Real Estate Activity for Fairfield School District

The lisitng price for single family homes in both Fairfield and Fairfield Township take a slight dip!

According to the Multiple Listing Service of Greater Cincinnati real estate activity is shown below:

Fairfield

Single Family

Average Price

Days on Market

Condos

Average Price

Days on Market

Actives

136

$181,957

135

79

$87,262

117

Pendings

39

$137,958

73

6

$74,583

51

Closed (01/01/09-11/30/09)

276

$145,110

69

91

$78,570

97

Data from Greater Cincinnati Multiple Listing Service

Fairfield Twp

Single Family

Average Price

Days on Market

Condos

Average Price

Days on Market

Actives

136

$221,442

148

10

$121,165

87

Pendings

25

$188,231

88

1

$94,900

32

Closed (01/01/09-11/30/09)

208

$160,851

72

18

$ 118,058

122

Data from Greater Cincinnati Multiple Listing Service

Sellers in Fairfield sold/closed 26 single family homes and 13 condos during November while Fairfield Township sold/closed 20 single family homes and 1 condo. Both the City and Township experienced far fewer closings and the listing prices  -except  for condos in the Township - are in step with with the slower market. 

Related Articles: October Stats; Updated Home Buyer Credit Information

Posted by Kathy Koops | Discussion: 2 Comments »

Fairfield and Fairfield Township Real Estate Activity

The number of active listings in Fairfield and Fairfield Township is shrinking!

According to the Multiple Listing Service of Greater Cincinnati real estate activity is shown below:

Fairfield

Single Family

Average Price

Days on Market

Condos

Average Price

Days on Market

Actives

127

$185,540

146

87

$87,315

138

Pendings

45

$141,930

50

13

$80,935

86

Closed (01/01/09-10/31/09)

250

$143,721

70

78

$77,558

96

Data from Greater Cincinnati Multiple Listing Service

Fairfield Twp

Single Family

Average Price

Days on Market

Condos

Average Price

Days on Market

Actives

133

$231,079

146

14

$114,250

77

Pendings

30

$172,424

86

1

$119,900

47

Closed (01/01/09-10/31/09)

188

$160,832

73

17

$ 118,238

127

Data from Greater Cincinnati Multiple Listing Service

Sellers in Fairfield sold/closed 66 single family homes and 11condos during September while Fairfield Township sold/closed 22 single family homes and 3 condos. Fairfield was on fire with closings- but pending sales are down so I don’t expect the record pace to continue. The list/sale prices in Fairfield appear to be in sync while the list prices for single family homes in the township have increased (slightly) while the sales prices have decreased (slightly).  This type of split leaves homes on the market for an extended period of time until buyers and sellers agree on the “real price”.  Unfortunately the longer a property sits on the market-the lower the perceived value. 

If you are thinking about buying- call or email me now..

Related Articles:  September StatsUpdated Home Buyer Credit Information

Posted by Kathy Koops | Discussion: 2 Comments »

Real Estate in Fairfield and Fairfield Township

The number of active listings in Fairfield and Fairfield Township is shrinking!

According to the Multiple Listing Service of Greater Cincinnati real estate activity is shown below:

Fairfield

Single Family

Average Price

Days on Market

Condos

Average Price

Days on Market

Actives

132

$185,618

128

91

$88,951

132

Pendings

61

$146,868

57

17

$83,900

100

Closed (01/01/09-09/30/09)

184

$141,558

73

69

$78,561

94

Data from Greater Cincinnati Multiple Listing Service

Fairfield Twp

Single Family

Average Price

Days on Market

Condos

Average Price

Days on Market

Actives

147

$227,428

120

16

$122,350

56

Pendings

41

$165,047

101

2

$94,950

105

Closed (01/01/09-09/30/09)

166

$164,351

69

14

$ 114,950

143

Data from Greater Cincinnati Multiple Listing Service

Sellers in Fairfield sold/closed 23 single family homes and 7 condos during August while Fairfield Township sold/closed 27 single family homes and 2 condo. The Township is outselling Fairfield.  List/Sales prices decreased in Fairfield and increased in the Fairfield Township.  The increases/decreases are slight but are worth watching as the fall market descends upon us.  Smart buyers wanting to take advantage of the First Time Home Buyer Tax Credit  which expires November 30th need to be in contract within the next few days. It will be interesting to see the impact the credit will have on October and November sales/closings.

If you are thinking about buying- call or email me now..

Related Articles: August Stats

Posted by Kathy Koops | Discussion: 1 Comment »

What You Need to Know About Real Estate in the Fairfield School District

The number of active listings in Fairfield and Fairfield Township is shrinking!

According to the Multiple Listing Service of Greater Cincinnati real estate activity is shown below:

Fairfield

Single Family

Average Price

Days on Market

Condos

Average Price

Days on Market

Actives

133

$197,844

149

88

$91,628

141

Pendings

55

$150,687

66

15

$85,210

77

Closed (01/01/09-08/31/09)

184

$141,942

74

62

$77,774

98

Data from Greater Cincinnati Multiple Listing Service

Fairfield Twp

Single Family

Average Price

Days on Market

Condos

Average Price

Days on Market

Actives

169

$221,283

111

17

$120,837

55

Pendings

36

$1780,587

97

2

$98,950

86

Closed (01/01/09-08/31/09)

139

$159,921

72

12

$ 119,358

162

Data from Greater Cincinnati Multiple Listing Service

Sellers in Fairfield sold/closed 27 single family homes and 15 condos during August while Fairfield Township sold/closed 19 single family homes and 1 condo.  Sellers appear to be more in -tune with the buyer’s market because Listing Prices reflect the slightly lower sale prices.  The First Time Home Buyer Tax Credit expires November 30th and in order to qualify for the $8,000 credit buyers need to close before the end of November -and with Thanksgiving at the end of the month, smart buyers are aiming to close by mid-November.  The tax credit and low mortgage rates should motivate more buyers during September.   

If you are thinking about buying- call or email me now..

Related Articles: July Stats

Posted by Kathy Koops | Discussion: 1 Comment »

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