Cincinnati’s Pricey Real Estate

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The 2017 real estate market is off to a record start in the greater Cincinnati area.  

The details about Cincinnati’s pricey real estate found in the Multiple Listing Service of Greater Cincinnati (01-01-17 through 02/26/17) highlights listings and sales of both single family homes and condos throughout our area.

The top 10 highest priced single family homes listed (by a variety of real estate companies) range in price from $2,849,000 to $7,999,000:

High Priced Cincinnati Homes

Condos, while not as expensive as single family homes range in price from $1,350,000 to $1,750,000:

Cincinnati high priced condos

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A record start to 2017 in the local housing market was re-enforced by high ticket sales/closings in the single family home market:

High priced homes sold in Cincinnati

And the lack of inventory is hitting the high end condo market in greater Cincinnati.  The top sales/closings since January 1st through February 27th:

High priced Cincinnati Condo sales

The luxury market is alive and well in greater Cincinnati.  Low interest rates, new construction and lots of pent-up demand to move could make 2017 an interesting year for everybody-buyers, sellers and agents.