Cincinnati Real Estate

Greater Cincinnati's Real Estate Connection

Kathy S. Koops GRI

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April Real Estate Update for Greater Cincinnati

filed under: Real Estate posted on May 21st, 2018

April home sales update for Greater Cincinnati.

Cincinnati real estate update april 2018

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 4 months of 2017 ($195,435) to 2018 ($208,537) our area experienced an increase of +6.%.

Still suffering from fewer and fewer single family homes are for sale in Greater Cincinnati.  Down nearly -17% from the same time last year.

HomeSearch

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

The average sale price in all the counties continues to increase.

  2017   2018  
  # Units Avg Sales Price # Units Avg Sales Price
Butler 1275 $180,676 1210 $199,188
Clermont 711 $198,108 746 $210,943
Hamilton 2794 $199,200 2744 $213,865
Warren 808 $250,128 778 $272,687

Weatherwise we seemed to have skipped spring.  So if you’re waiting for Spring market- it’s come and gone.  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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