Cincinnati Real Estate

Greater Cincinnati's Real Estate Connection

Kathy S. Koops GRI

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Cincinnati Real Estate Numbers

filed under: Real Estate posted on November 15th, 2016

Graph showing real estate activity in Cincinnati during the last 24 hoursThe election is over and October’s Cincinnati real estate numbers for single family homes is coming soon.  

According to the Multiple Listing Service of Greater Cincinnati  24-Hour Market Watch the past weekend was fairly busy.  Pending sales are still outpacing new listings and 16 sellers decided to drop their listing prices.

What’s average or normal for the greater Cincinnati market?  This morning the MLS showed 5494  single family homes listed for sale.  The average list price for a single family home $296,325.  Median list price $189,900 and the highest priced listing is $7,999,000.

When it comes to bedrooms:

# Total Bedrooms # Active Listings
1 51
2 724
3 2421
4 1881
5 + 495

And bathrooms:

Total # Bathrooms # Active Listings
1 1062
2 1671
3 1461
4 771
5 + 556

The “traditional” style home is the most popular with 2250 listings, transitional style- 602, ranch style – 1586, tudor style- 55 and historic homes – 122 listings.  Looking for a chalet style -buyers have 11 listings to chose from.

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Knowing the numbers for Cincinnati real estate is more than just looking at list and sale prices.  So if you’re looking for the average Cincinnati home to buy you need to realize averages vary by neighborhood and savvy buyers know what to look for.

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