Cincinnati Real Estate

Greater Cincinnati's Real Estate Connection

Kathy S. Koops GRI

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Cincinnati Condos

filed under: Real Estate posted on October 20th, 2017

Cincinnati condo sales through September 30, 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 $166,585  compared to $144,543  during the same time frame in 2016.

According to the Cincinnati Multiple Listing Service has 552 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 400 $96,587 399 $104,334
Clermont 285 $125,109 250 $131,947
Hamilton 1293 $158,198 1315 $191,853
Warren 399 $167,700 384 $178,593
         
         

The number of condos sold in September 2017 is almost equal to 2016.  However, if your condo has been for sale longer than the average in your market area- adjust the list price.  Both buyers and sellers need to have up-to-date information about local condo sales and listings.

Cincinnati condo sales

We still need more condos listed because motivated buyers don’t want to wait until spring to buy. 

 

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

 

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