Cincinnati Real Estate

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Kathy S. Koops GRI

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Cincinnati Home Sales Up in February

filed under: Local Market Stats posted on March 24th, 2016


Cincinnati home sales rose 3.1 percent in February compared to February 2015.

The report released by the Cincinnati Area Board of Realtors  compares home sales volume and prices:

Home for sale Cicninnati


The numbers simplified:

Comparing February 2016 to February 2015

  • 1,400 homes vs 1,397 homes a 3.08% increas
  • 4.51% increase in home sales volume
  • $161,686 vs $159,468  a 1.39% increase in the average sale price
  • 4.80% increase in median sale price $131,000 vs $125,000

Year-to-date 2016 to 2015

  • 6.66% increase in the number of homes sold- 2,820 homes vs 2,644
  • 8.54% increase in home sales volume
  • 1.77% increase in average sale price – $163,961 vs $161,117
  • 6.52% increase in median sale price -$129,950 vs $122,000

The greater Cincinnati area real estate market is ahead of the national housing trends where- according to an article in Tuesday’s Wall Street Journal- “U.S. Existing Home Sales Tumbled 7.1% in February”.  For up-to-date numbers and sales in your neighborhood Call/Txt As long as interest rates on mortgages the number of homes for sale remain low -Cincinnati can expect sale prices to inch up in many (but not all) neighborhoods.




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