Cincinnati Condo Sales
The nitty gritty on Cincinnati condo sales.
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Condo sales during the first 5 months of the year is a mixed bag for sellers. The dollar sales volume is ahead of last year except Hamilton County. According to the Multiple Listing Service of Greater Cincinnati:
Comparing the dollar sales volume and Hamilton County is behind last year- but Butler is the only county where sellers continue to see declining average sales prices. All sellers need to remain vigilant when it comes to pricing as the spring/summer market with lots of buyers starts to cool as people begin to take vacations.
| 2014 | 2015 | |||
|---|---|---|---|---|
| # Units | Avg Sales Price | # Units | Avg Sales Price | |
| Butler | 157 | $89,639 | 193 | $83,258 |
| Clermont | 118 | $100,482 | 108 | $115,549 |
| Hamilton | 559 | $160,890 | 561 | $162,305 |
| Warren | 148 | $145,892 | 156 | $153,831 |
The highest price sale/closing during May occurred in Mariemont on a 1 yr old resale on West Street. The unit sold for $1,800,000. Butler County’s highest price sale was in West Chester on Cobblestone Walk for $239,000, Clermont County- on Valley Forge for $310,000 and Warren County- Mason on Falling Brook for $390,000.
Questions Call/Txt about sale prices in your complex send a request for a full market evaluation.
