Cincinnati Real Estate

Greater Cincinnati's Real Estate Connection

Kathy S. Koops GRI

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Update on Cincinnati Condo Sales

filed under: Real Estate posted on June 21st, 2017

The update on Cincinnati condo sales through the end of May 2017.

(Read the latest report from the Cincinnati Area Board of Realtors published June 21st)

Clermont County sales volume is just slightly behind last year- but the average sale price is higher.   The current average sale price for condos in greater Cincinnati is $167,055 compared to $140,600  for the same time frame in 2016- another hot month.

According to the Cincinnati Multiple Listing Service has 537 condos listed for sale.

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Sales volume comparing year-to-date in the 4 counties below.  Data pulled from the Multiple Listing Service of Greater Cincinnati:

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 all the counties increased from the same time frame last year.

  2016   2017  
  # Units Avg Sales Price # Units Avg Sales Price
Butler 195 $92,465 204 $102,975
Clermont 128 $122,266 131 $134,243
Hamilton 619 $155,138 650 $195,237
Warren 184 $160,746 200 $171,077
         
         

Average List and Sale Prices for the past year – realistic sellers are selling close to asking price. 

Cincinnati condo prices may 2017

 

The limited number of condos for sale and the very slight bump in interest rates may discourage new buyers from entering the real estate market.    

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

 

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