Real Estate Update for Townships Around Greater Cincinnati
Real Estate Update for Townships Around Greater Cincinnati
Prices and the number of properties for sale in the greater Cincinnati real estate market are following the trends of previous years.
According to numbers provided by the CincyMLS:
The inventory of available residential properties for sale is much lower than previous years during the same time frame.
The average sale price is slightly higher through September and will, hopefully, maintain the higher sale prices through the end of 2013.
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Data pulled from the Multiple Listing Service of Greater Cincinnati shows that potential buyers have 8807– single family homes and 1352 – a drop in the number of single family homes and a few more condos listed since the last township report.
The median list prices for the townships can be best described as a split decision- with 3 zip codes reflecting higher median prices on single family homes and 2 zip codes with higher asking prices on condos. The lack of “fresh housing inventory” continues to impact the market- so even though the holidays are coming…now may be a great time to list your home or condo for sale.
