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Kathy S. Koops GRI

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Did Condos Sell During October in Greater Cincinnati?

filed under: Local Market Stats posted on November 25th, 2013

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

The Bluffs of Wildwood

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.

Compared to last month, sales continue to outpace last year.  Activity in Hamilton County reflects buyers looking to stay close to the City -and especially the downtown area.

Condo Sales Volume 111713

And along with increasing sales volume, the average sale prices except in Clermont County are higher than last year.

  2012   2013  
  # Units Avg Sales Price # Units Avg Sales Price
Butler 292 $91,528 345 $94,831
Clermont 163 $108,110 241 $107,505
Hamilton 891 $142,385 1140 $152,699
Warren 287 $132,064 348 $140,131

The high ticket sales in each of the counties are, in most cases, ahead of last year which indicates that some of the buyers who had been waiting for a recovery are beginning to spend money….whether the spending effect trickles down to the lower price ranges will be a good indicator of what the winter real estate market.  Condo sale prices in both Butler and Hamilton Counties exceeded last year but Clermont and Warren Counties experienced some price slippage.

County Highest Price Sale YTD 2012 Highest Price Sale YTD 2013
Butler $371,456 $394,788
Clermont $298,900 $269,505
Hamilton $1,425,897 $1,750,000
Warren $425,500 $369,000

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