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Kathy S. Koops GRI

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November Home Sales for Greater Cincinnati Continue to Rise

filed under: Sales posted on December 26th, 2013

Overall, homes for sale in greater Cincinnati continue to attract buyers and contracts.

HamiltonCountyAdminBl

Hamilton County Administration Building

If the information below is not detailed enough or if you are considering buying or selling your house- call for detailed market analysis. Or make it easy and just Subscribe. According to the Multiple Listing Service of Greater Cincinnati, overall sales volume in 2013 continues to outpace 2012. Greater Cincinnati Single Family Home Sales Jan - Nov

Last month’s report reflected increase in gross sales volume for single family homes in all four counties and according to the Multiple Listing Service of Greater Cincinnati overall sales volume continues to beat last year’s numbers- but the average sale price is softening.

  2012   2013  
  # Units Avg Sales Price # Units Avg Sales Price
Butler 3226 $141,540 3995 $154,125
Clermont 1838 $162,500 2189 $171,924
Hamilton 6715 $166,346 8139 $176,491
Warren 2186 $209,453 2451 $220,772
         

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.

County Highest Price Sale YTD 2012 Highest Price Sale YTD 2013
Butler $1,275,000 $1,175,000
Clermont $949,900 $887,864
Hamilton $2,800,000 $5,050,000
Warren $1,660,000 $2,200,000

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