Cincinnati Real Estate

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Kathy S. Koops GRI

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Real Estate Update for Greater Cincinnati Townships

filed under: For Sellers posted on September 11th, 2013

Warm weather in greater Cincinnati fuels the locals to think about enjoying water sports and judging by the number pendings- buyers are out writing real estate contracts.

Boats at winton woods park

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Pending sales for August reflect continuing interest in the local real estate market.  By county the number of pending sales for single family homes and condos:

Pending Sales by County # of Pendings Avg List Price Median List Price
Butler 377 $165,614 $145,000
Clermont 235 $158,627 $139,800
Hamilton 801 $172,112 $124,900
Warren 240 $227,886 $184,950

Real estate activity in some of Cincinnati’s larger townships seems to reflect sellers making adjustments to the current market with several townships dropping the median list price on both condos and single family homes.  Competition for buyer’s eyes and wallets continues between the newly listed properties and the ones that have been on the market for some time. The data pulled from the Multiple Listing Service of Greater Cincinnati shows that potential buyers have 9222 -a drop in the number single family homes and 1342 – also a drop in the number of condos – since the last township report.

Cincinnati Townships Real Estater Weekly Update 091013

Nationally, pending sales have been impacted by the rising interest rates-but our market seems to be holding fairly steady.  The final numbers for August should be published by the Cincy MLS soon.

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