Cincinnati Real Estate

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Kathy S. Koops GRI

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March Real Estate Sales Trends in Cincinnati

filed under: Real Estate posted on April 26th, 2018

March trends in Greater Cincinnati real estate.

Home sales continue to outpace the number of new listings which continues to drive up sale prices in some areas.

Comparing the average sale price for single-family homes during the first 3 months of 2017 ($193,749) to 2018 ($205,881) our area experienced an increase of +6.26%.

Still suffering from fewer and fewer single family homes are for sale in Greater Cincinnati.  Down -15.61% from the same time last year.

HomeSearch

Single-family home sales volume for the 4 counties. Data pulled from the CincyMLS.

Graph of single family home sales in Cincinnati Ohio

Only Warren County is slightly behind sales for the same timeframe last year.

  2017   2018  
  # Units Avg Sales Price # Units Avg Sales Price
Butler 927 $175,793 848 $195,946
Clermont 520 $190,288 505 $210,589
Hamilton 1944 $192,823 1898 $207,078
Warren 560 $251,979 510 $261,098

Hopefully, spring has finally arrived!  Anybody waiting for the spring real estate market better get moving.    Good weather and a few more homes on the market may bloom into a healthy summer real estate market. 

Do you have questions about sale prices in your neighborhood-send a request for a full market evaluation.  Anything else – Call/Txt

 

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