Cincinnati Real Estate

Greater Cincinnati's Real Estate Connection

Kathy S. Koops GRI

Contact Me Today. Let's Work Together.

Are Cincinnati Condo Sales in January Higher or Lower?

filed under: Real Estate posted on February 18th, 2014

Sunnier days may be ahead for the greater Cincinnati condo market- but January sales have been good in some markets and slow in others.
Greater Cincinnati Condo Sales 2013 vs 2014

Hamilton and Warren Counties are leading the way with closings when comparing closed dollar volume for the condo sales in January.  Weather and the amount of condos for sale did affect the market-but it’s clear buyers are leaning toward Hamilton and Warren counties for their condo shopping.

Greater Cincinnati Condo Sales 2013 vs 2014

The average sales price for condos in Butler and Clermont counties is lower this January however, the number of condos sold/closed remains steady compared to last year.

  2013   2014  
  # Units Avg Sales Price # Units Avg Sales Price
Butler 19 $96,700 21 $77,274
Clermont 22 $97,243 20 $92,951
Hamilton 77 $133,150 74 $171,004
Warren 18 $131,776 18 $140,781

Market watchers will have to wait to validate the local real estate recovery based the numbers coming out in January which compare all of 2013 to the previous year(s). All in all – we might not be setting records- but slow and steady is probably the better way to win the race. Have questions about sale prices in different complexes – send a request for a full market evaluation.

Want to start house hunting now-Click here to to Call: 513-300-4090,by email or Subscribe

Comments are closed.