The local Cincinnati real estate market is hot and nobody can predict when the buying trend will end. The median list price continues to float upward in the majority of the townships tracked every two weeks.
The real estate activity in some of Cincinnati’s larger townships reflects the general ups and downs we’re seeing through out the area. A few people requested that I add Green Township to the list- so hopefully the additional township will provide more perspective. The median list prices continue to bounce around for no particular reason. The data pulled from the Multiple Listing Service of Greater Cincinnati shows that potential buyers have 9119 single family homes and 1433 condos to buy-a very slight increase in the number of new listings from the last township report.
Rising interest rates may eventually impact real estate sales….so if you’re thinking about moving up,downsizing or buying your first home-don’t get burned waiting for a better opportunity.