Cincinnati Real Estate Activity According to the Board of Realtors
Cincinnati Real Estate Activity According to the Board of Realtors
Cincinnati real estate activity according to the Board of Realtors was highlighted in the latest news release covering July. According to the release “July Sales Rock- Highest Ever for a July….”
Real estate closings for the month of July rose 9.0% compared to a year ago. And as sales rose so did the average sale price from $189,900 this July versus $185,869 in July, 2014 a 2.2% increase.
The number of properties listed for sale continues to shrink down 13.9% from July, 2014. The upcoming changes to new lending restrictions which go into effect October 3rd will impact the length of time bewtween contract to closing. So if you’re hoping to move in by the end of the year- it’s time to begin your home search now. Any questions or ready to make a move- Call/Txt
