A couple of weeks makes a difference in the local real estate market. Last time the median prices on single family homes rose, while condos are struggling in the majority of the townships below- in this report both sectors look pretty good. And our area is following national trends with lower number of sales -but slightly higher prices
Data pulled from the Multiple Listing Service of Greater Cincinnati shows that potential buyers have 7813– single family homes and 1264- a nice increase in the numbers 0f single family homes and a slight decrease in the number of condos available since the last township report.
Each neighborhood and complex within each zip code has unique pricing characteristics-make sure you look at not only the average/median list prices but also the absorption rate and the prices of recently sold properties.