The real estate Market Report issued by CABR states “Cincinnati home sales continue to set records, up +3.87 % compared to February a year ago.”
- The average home price climbed to $187,947 compared to $180,860 a year earlier, a +3.92 % increase.
- The inventory of homes for sale, as of February 28, continued its year-over-year declining trend to 4,027 from 4,815 a year ago, down – 16.37 %.
- Locally home mortgage rates in February averaged 4.57% for a 30-year fixed rate loan-compared to 3.99% a year ago.
- Actual numbers below-
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