Cincinnati Real Estate

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Kathy S. Koops GRI

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Hot Price Ranges in Cincinnati Real Estate

filed under: Real Estate posted on April 16th, 2015

Cincinnati real estate
What are the hot price ranges in Cincinnati real estate market?   According to the Multiple Listing Service of Cincinnati  5 price bands comprise 40% of the sales for single family homes during the first quarter of 2015.

And the winners……

5. 260 Single family homes priced between $250,000 thru $299,000 closed during the 1st quarter of 2015.  Buyers shopping in this price “band” have access to 508 active listings.

4.  The fourth most popular price range fell between $140,000 thru $160,000 with 302 closings during the first quarter.  At this time 445 active listings for single family homes are competing for buyer’s attention.

3.  And for those who think the housing market is no longer affordable, the third most popular band was between $100,000. thru $120,000. with 329 sold.  If you’re house hunting for affordable housing -good news 579 active listings.

2. The second most popular band fell to the $120,000 thru $140,000 with 334 closings.  This price band has plenty of inventory for today’s buyers – with 541 active listings.

1.  The most popular price range during the first 3 months was…..$200,000 thru $249,000 with 379 closings. And when you start searching in this price range- the CincyMLS shows 659 active listings.

So when your real estate agent calls or contacts to find out if you are interested in selling- it’s sincere.  Single family homes are selling quickly and if as more people move up, move down or buy their first home in greater Cincinnati- other businesses also feel the positive impact.  Home improvement, decorating, lawn and flowers and furniture are just a few of the local businesses reaping the benefits of home sales.

Before you decide to make a move check with your lender to secure financing and then start looking for your property.

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