Cincinnati Real Estate

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Kathy S. Koops GRI

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Are Condos Selling In Greater Cincinnati

filed under: Local Market Stats posted on September 23rd, 2013

Condos for sale in greater Cincinnati Ohio continue to capture buyer’s focus.

Focus on Cincinnati Condo Market

If the information below is not detailed enough or if you are considering buying or selling your condo- call for detailed market analysis. Or make it easy and just Subscribe.

Sales continue to surge in all 4 counties serving the greater Cincinnati real estate market an indication that buyers are willing to pay not only mortgages but home owner association fees (HOA) in order to enjoy a lower maintenance life style.

Greater Cincinnati Condo Sales Volume

And along with increasing sales volume, the average sale prices are continue to out pace last year’s.

  2012   2013  
  # Units Avg Sales Price # Units Avg Sales Price
Butler 192 $71,500 228 %94,839
Clermont 112 $98,266 157 $106,505
Hamilton 589 $137,886 761 $150,222
Warren 190 $132,542 240 $143,355

The S&P/Case-Shiller Home Price Indices July report is due next Tuesday morning and the report may show a change in home prices. While existing home sales continue to be strong and mortgage applications to purchase condo or home are down slightly.  The numbers will be a good indicator of how the real estate market looks as we head into the end of 2013.

Have questions about sale prices in different complexes – send a request for a full market evaluation.

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