Cincinnati Real Estate

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Kathy S. Koops GRI

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Real Estate News for Greater Cincinnati

filed under: For Sellers posted on August 22nd, 2014

Headlines for Cincinnati real estate news- schools are opening their doors as potential buyers are busy getting kids ready for bus rides and homework.

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According to the latest official report from the Cincinnati Area Board of Realtors– shows while other parts of the country have seen large dips in sales/closings – the Cincinnati area has remained steady through the end of July.

HomeSalesJuly2014.pdf

The number of single family homes for sale in July of 2013- 9248 and 1415 condos compared to today’s number of properties for sale is a good indicator of why some buyers have decided to sit on the sidelines and wait for their dream home to come on the market. According to the Multiple Listing Service of Greater Cincinnati potential buyers have 9058 single family homes and 1242 condos – an increase in the number of single family homes and a slight drop in the number of condos listed since the last zip code report.

Greater Cincinnati Real Estate ZipCode Update 082914

The median list prices for single family homes are down in 4 of the 6 zip codes while condos seem to be fairing better in the August market.  Hopefully once the kids are back-in-school, serious buyers will begin house hunting again.

Stay tuned for market updates.

 

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