Cincinnati Real Estate

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Kathy S. Koops GRI

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Greater Cincinnati Home Sales 2014 Update

filed under: Real Estate posted on January 13th, 2015

 Greater Cincinnati home sales in 2014 -fewer units but higher average sale prices.

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Sales in the four counties during 2013- 18,061 single family homes closed compared to 17,485 during the same time frame in 2014.  The average sale price in 2013 – $177,123 vs. $187,374 in 2014. According to data pulled from the CincyMLS.

Single Family Home Sales in Cincinnati 2014

The total number of sales continues to drop slightly -however the average sale prices continues to increase in all 4 counties.

  2013   2014  
  # Units Avg Sales Price # Units Avg Sales Price
Butler 4281 $154,167 4039 $168,469
Clermont 2350 $172,195 2321 $177,318
Hamilton 8784 $176,186 8589 $182,846
Warren 2646 $221,756 2630 $242,108

CoreLogic just released an uplifting report for the 2105 housing market-click here to read.  January activity has been brisk-with lots of contracts written over the New Year’s weekend.  Of course winter weather has some ompact on showings and, unfortunately, frozen pipes in empty houses.  Sellers with properties on the market for more than 30 days should seriously consider dropping prices-now-before new “spring” listings start hitting the market.

Do you have questions about sale prices- send a request for a full market evaluation. Want to start house hunting now 513-300-4090,by email or Subscribe

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