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 5 months of 2017 ($197,908) to 2018 ($213,463) our area experienced an increase of +7.3%.
Still suffering from fewer and fewer single family homes are for sale in Greater Cincinnati. Down nearly -14% from the same time last year.
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.
Scorching hot weather plus shrinking inventory will make for an interesting summer real estate market in greater Cincinnati.