Cincinnati Real Estate

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Kathy S. Koops GRI

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Did Greater Cincinnati Condo Sales Increase or Decrease During March?

filed under: Local Market Stats posted on April 25th, 2014

Condo sales in greater Cincinnati are hot in some markets and not so hot in others.

Hamilton County condo sales are galloping ahead of last year while Butler is hanging on- Clermont and Warren Counties are falling behind.  10 of the sales above $400,000 were condos listed in the city, 3 in Madeira, 2 in Mariemont with random sales in Hyde Park and Mason.  The highest recorded sale was for a condo in the heart of Hyde Park for $2,200,000.

Greater Cincinnati Condo Sales Volume

Good news the average sales price is higher in Hamilton and  Butler Counties, down a little in Warren and roughly $24,000 less in Clermont.

  2013   2014  
  # Units Avg Sales Price # Units Avg Sales Price
Butler 77 $86,282 72 $92,824
Clermont 54 $118,967 51 $94,072
Hamilton 49 $147,289 288 $155,024
Warren 80 $143,396 73 $143,298

From January through March 247 condos showed up as pending sales (sold but not closed) and 500 condos have closed so the buyers are definitely fueling the market by snapping up good deals.  Now that nice weather has finally arrived (hopefully) more buyers should be out on the hunt to find the perfect condo or home.

Do you 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

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