Cincinnati Real Estate

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Kathy S. Koops GRI

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Cincinnati Real Estate Sales for November

filed under: Real Estate posted on December 13th, 2016

Cincinnati home sales for November in black and white.

black and white photo of Cincinnati skyline

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The average sales price for single family homes continues to outpace the same time frame when comparing the fist 11 months of 2015 to 2016.  According to the Multiple Listing Service of Greater Cincinnati the average sale price for a single family home January- November of 2015 was $186,443  while this during the same time frame this year the price increased by +5.% to $196,476.

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Single family home sales volume for the 4 counties. Data pulled from the CincyMLS.

Charts comparing sales volume

 

All 4 counties sales volume and average sale price is higher than last year.  The lack of homes for sale continues to cause problems for everybody-buyers, sellers, lenders, appraisers and agents.

  2015   2016  
  # Units Avg Sales Price # Units Avg Sales Price
Butler 4019 $172,154 4274 $186,225
Clermont 2337 $185,122 2510 $196,510
Hamilton 8636 $189,723 9260 $200,759
Warren 2551 $250,964 2725 $253,402

Showing s and open houses continue to be busy and unlike past presidential elections-the housing market didn’t seem to be intimidated this time.  Pending interest rate hikes and, oh no, the chance of snow could slow down sales in December.  And in black and white today’s real estate market favors sellers with “priced right” listings.   

Do you have questions about Cincinnati home sales or prices in your neighborhood-send a request for a full market evaluation.  Anything else – Call/Txt

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