Cincinnati Real Estate

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Kathy S. Koops GRI

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Cincinnati Real Estate Market Trends for June

filed under: Real Estate posted on July 20th, 2018

Cincinnati real estate market trends through the end of June.

Cincinnati real estate market trends

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 6 months of 2017 ($205,089) to 2018 ($219,753) our area experienced an increase of +6.7%.

Still suffering from fewer and fewer new listings of single-family homes.  Down nearly -3% compared to June 2017. 

Cincinnati Inventory New Listings and Sales

HomeSearch

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

cincinnati real estate market

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

  2017   2018  
  # Units Avg Sales Price # Units Avg Sales Price
Butler 2234 $188,431 2169 $205,269
Clermont 1270 $204,039 1252 $217,032
Hamilton 4967 $210,974 4846 $228,102
Warren 1423 $270,189 1417 $285,038

Same tune different month.  Continued scorching hot weather fewer homes for sale inventory is impacting the summer real estate market in greater Cincinnati. 

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

Looking for something to do this weekend Homearama 2018 opens to the public on Saturday, July 21st

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