Cincinnati Real Estate

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Kathy S. Koops GRI

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Too Few Homes for Sale

filed under: Real Estate posted on June 5th, 2017

 Too few homes for sale and inventory challenges continue! 

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Cincinnati real estate 

Some Highlights:

  • After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories.
  • Median existing home prices surged for the 62nd straight month, up 6.0% over last year to $244,800.
  • New home prices slowed as builders have started to turn their focus toward single family, smaller homes.

Article Source:  Keeping Current Matters

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