Cincinnati Real Estate

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Kathy S. Koops GRI

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Condo Sales Numbers in January for Greater Cincinnati

filed under: Real Estate posted on February 15th, 2017

January condo sales in greater Cincinnati is a mixed bag depending on where you live.

January 2017 flipped numbers compared to January 2016.  Last year Hamilton and Butler Counties sales started slowly -this year Clermont and Warren Counties are sluggish.  

According to the Cincinnati Multiple Listing Service has only 567 condos listed for sale  

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Sales volume comparing year-to-date in the 4 counties is a mixed bag..  Data pulled from the CincyMLS.
Graph of cincinnati condo sales dollar volume

The CincyMLS covers all the surrounding counties (as far north as Dayton) and sale prices do vary by areas.  As you’ll see the average sale price in the counties but Warren has increased from the same time frame last year.

  2016   2017  
  # Units Avg Sales Price # Units Avg Sales Price
Butler 22 $84,709 26 $90,457
Clermont 17 $119,592 12 $148,617
Hamilton 79 $147,524 83 $192,908
Warren 24 $171,562 23 $138,824
         
         

The lack of condos (and single family homes) for sale continues to drag on the local real estate market.  Winter weather has been very kind to the local Cincinnati real estate market and mortgage interest rates remain very low.  The spring market has begun but some areas may not see great sales numbers because they don’t have enough “units” for sale at this time.

Questions real estate in your complex or neighborhood-send a request for a full market evaluation.  Anything else – Call/Txt

 

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