According to the Cincinnati Multiple Listing Service has 5027 homes listed for sale up slightly from last month.
Sales volume comparing year-to-date in the 4 counties below. Data pulled from the Multiple Listing Service of Greater Cincinnati:
The CincyMLS covers all the surrounding counties (as far north as Dayton) and sale prices do vary by areas. Average sale prices continue to climb in all four counties but the shortage of homes for sale continues to cause problems.
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In the 4 counties, as the average list price of $236,946 continues to climb the average sale price was $207,373. A 12% difference between asking and sale prices- something sellers need to watch.
The actual number of single-family home sales in the four counties is below September 2016.
The lack of new listings continues to impact sales. Frustrated buyers have quit looking at old listings. And sellers waiting for a buyer to pay more than market continue to be frustrated because the property hasn’t sold.