August home sales were down -1.0% compared to August of 2017. However, sales were up +3.3% from the previous month (July 2018).
Comparing the average sale price for single-family homes during the first 8 months of 2017 ($216,319 ) to 2018 ($234,999) our area experienced an increase of +4.8%. The average sale price dropped -3.5% from July 2018.
Single-family home sales volume for the 4 counties. Data pulled from the CincyMLS.
Good news for sellers the average sale price in all the counties continues to increase.
The average DoM for this August was 30. Listings on the market for months may need to reevaluate marketing and pricing strategies.