Cincinnati Real Estate

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Kathy S. Koops GRI

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The Latest Update on Condo Sales in Cincinnati

filed under: Real Estate posted on August 16th, 2017

The latest update on condo sales in Cincinnati through July 31, 2017

The good news continues with the average sale price is up in all 4 counties. Currently, the average sale price for condos in greater Cincinnati is $164,506  compared to $145,153 during the same time frame in 2016.

(Official Cincinnati Area Board of Realtors Report for July)

According to the Cincinnati Multiple Listing Service has 514 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:

Condos in Cincinnati

 

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 288 $98,329 293 $102,662
Clermont 210 $125,572 200 $131,471
Hamilton 963 $158,205 995 $189,794
Warren 295 $167,160 287 $175,424
         
         

Heading into the fall real estate market both buyers and sellers need to have up-to-date information about local condo sales and listings.

Cincinnati condo sales

More condo listings are needed as the number of listings continues to dwindle. Back to school and summer vacations reduced the numbers of showings recently so stay on top of market conditions with daily or weekly updates from RealtorĀ® and don’t ignore warning signals that it’s time to drop the list price.

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

 

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