Cincinnati Real Estate

Greater Cincinnati's Real Estate Connection

Kathy S. Koops GRI

Contact Me Today. Let's Work Together.

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.

Any questions or ready to make a move- Call/Txt

Comments are closed.