According to the Cincinnati Multiple Listing Service has 4532 homes listed for sale down 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.
The number of new listings is down -26.9% from last month and down -4.8% from November 2016. The greater Cincinnati real estate market is still suffering from a shortage of homes for sale. Interest rates are low and buyers are waiting for new listings to hit the market -at the right price. Some sellers still believe they can overprice and sell.