Cincinnati Real Estate

Greater Cincinnati's Real Estate Connection

Kathy S. Koops GRI

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Greater Cincinnati’s Real Estate Market Ends the Year on a High Note

filed under: Real Estate posted on January 3rd, 2014

Cincinnati Home Market Ends on a high noteGreater Cincinnati’s 2013 single family home prices haven’t returned to peak levels but average prices continue upward in Butler, Clermont, Hamilton and Warren Counties fueling the year ending on a high note.

The recent ups and downs of the national real estate market have been covered extensively in the press, by the National Association of Realtors  and the local newspaper.  The Multiple Listing Of Greater Cincinnati tracks all the listings and sales for our entire area and in the chart below -the average sales prices of single family homes in the four county area.  The average sale price for 2013 is an estimate.

Cincinnati Home Sale Prices 2004-2013

Comparing the height of the real estate market in 2005 to the end of 2013, the greater Cincinnati real estate market is 7.4% below peak prices.  However if you come the end of last year to this -average sale prices have gained approximately 6.3% -ending 2013 on a high note.  Individual communities and areas may have experienced higher or lower price changes- so if you are interested in the average sale price for your home (or condo) Ready to start house hunting or market your property now-Click here to to Call: 513-300-4090,by email or start home search or Subscribe to stay on top of local Cincinnati real estate happenings.

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