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Kathy S. Koops GRI

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May Home Sales According to the Cincinnati Area Board of Realtors

filed under: Real Estate posted on June 23rd, 2015

In the latest news release covering May homes sales according to the Cincinnati Area Board of Realtors  highlighted in bold face type ” Home Sales Continue Upward Trend….May Average Price is at Record Levels”.

May Home Sales

Greater Cincinnati home closings for the month of May rose 1.27% compared to a year ago.   And as sales rose so did the average sale price from $195,110 this May versus $182,630 for May 2014.

Cincinnati home sales


May closings are up and the number of pending sales is slightly ahead for the same timeframe last year- which is good considering the national trend where pending sales are slowing down. Other national trend covered in this morning’s S&P Housing Report.   Joe Mock, President of the CABR, reminds sellers ….”if the property is priced correctly and in move-in shape it will sell quickly…..”.  Real Estate agents and sellers do not determine the final sale price- it’s a market totally driven by buyers.

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