Cincinnati Real Estate

Greater Cincinnati's Real Estate Connection

Kathy S. Koops GRI

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Sizzling Cincinnati Home Sales

filed under: Real Estate posted on September 10th, 2014

August was a sizzling sales month for single homes in greater Cincinnati!

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According to data pulled from the CincyMLS.

Cincinnati Home Sales 08_13 vs 14

The average sale price was higher in all 4 counties even though the total number of sales is down slightly.

  2013   2014  
  # Units Avg Sales Price # Units Avg Sales Price
Butler 2962 $153,886 2774 $167,068
Clermont 1641 $176,520 1608 $176,595
Hamilton 6082 $181,315 5891 $184,213
Warren 1850 $219,867 1719 $240,799

The race is on as new,sizzling priced listings, hit the market -we often see 20%-25% sold within a week of the property hitting the MLS system.  Even though showings have slowed down a little-probably due to back to school and after school/weekend sports activities -anxious buyers are pouncing on new listings and even returning to properties that have been on the market for a long time and recently dropped the listing price by a significant amount.

Official numbers for August published by the National Association of Realtors and the Multiple Listing Service of Greater Cincinnati will be published later this month- stay tuned for the final numbers.

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