Cincinnati Real Estate

Greater Cincinnati's Real Estate Connection

Kathy S. Koops GRI

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Condo Sales Around Greater Cincinnati

filed under: Real Estate posted on August 4th, 2014

Buyers and sellers want to know where condos are selling in the greater Cincinnati real estate market.

Once again condo sales in Hamilton County condo sales are galloping ahead of last year while the other counties are maintaining steady gains.  According to the Multiple Listing Service of Greater Cincinnati sales volume by county:
Cincinnati Condo Sales Volume

The average sales prices were higher in all but Butler County.  The average sale price in Butler County dropped from $98,804. in 2013 to $93,790 in 2014.

  2013   2014  
  # Units Avg Sales Price # Units Avg Sales Price
Butler 228 $98,804 247 $93,790
Clermont 159 $106,996 179 $106,417
Hamilton 764 $150,733 930 $170,189
Warren 243 $145,432 260 $151,602

From January through July 378 condos are currently pending sales (sold but not closed) and 1618 condos have closed in the four counties.  The average sale price is $148,540.  The lack of FHA approved complexes in Butler County continues to impact sales and the lack of affordable mortgages has slowed the sale of condos in some areas.

Do you have questions about FHA approval or 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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