Cincinnati Real Estate

Greater Cincinnati's Real Estate Connection

Kathy S. Koops GRI

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The Cincinnati Real Estate Market Update

filed under: Real Estate posted on February 12th, 2015

Home sales continue to rise in our area.  The greater Cincinnati real estate market update comparing January 2014 to January 2015 shows gains in all but Clermont County.

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Single family home sales volume for the 4 counties. Data pulled from the CincyMLS.

Cincinnati Single Family Home Sales

Comparing all the solds in the CincyMLS from January of 2014 vs January of this year, the total sales volume in dollars increased by 9%.  $163,528,560. vs $179,283,562.  Better news the average sale price also increased by 9% from $152,261 in January 2014 to $168,026 in January 2015.   In the 4 county area comprising the greater Cincinnati market 3 of the 4 counties had higher average sales prices this January.  Warren county experienced a .50% drop but an increase in the number of sales.

  2014   2015  
  # Units Avg Sales Price # Units Avg Sales Price
Butler 220 $136,607 213 $153,966
Clermont 139 $151,318 125 $165,671
Hamilton 445 $156,788 459 $171,228
Warren 124 $236,377 137 $235,165

Overall not a bad way to start the year.  The weather remains tolerable and Sunday open houses have been busy.  Mortgage rates are still low and several programs are available to assist buyers with good credit but short of cash for a down payment.

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

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