Cincinnati Real Estate

Greater Cincinnati's Real Estate Connection

Kathy S. Koops GRI

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2017 Cincinnati Condo Market

filed under: Real Estate posted on March 14th, 2017

2017 February condo sales in greater Cincinnati were great in Butler and Warren Counties.

Both Clermont and Warren Counties condo sales were slightly lower than the same time last year.  Overall the current average sale price for condos in greater Cincinnati is $162,472 compared to $133,160 for the first 2 months of 2016.

According to the Cincinnati Multiple Listing Service has only 548 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.

Chart of Cincinnati condo sales

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 50 $74,980 53 $92,151
Clermont 32 $117,987 28 $125,266
Hamilton 176 $142,770 179 $194,905
Warren 50 $172,617 48 $153,045
         
         

Same story – different day: the limited number  of condos (and single family homes) for sale continues to drag on the local real estate market.  In spite of the blast of cold weather the spring real estate market is in full bloom with properties often selling within days of listing. 

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

 

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