Cincinnati Real Estate

Greater Cincinnati's Real Estate Connection

Kathy S. Koops GRI

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Are Cincinnati Home Prices Keeping Pace?

filed under: Real Estate posted on December 3rd, 2018

Are Cincinnati home sales keeping pace with other areas?

Keeping Current Matters once again covers the national real estate market with a great infographic.
Home Prices Up 6.34% Across the Country! [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
  • In the report, home prices are compared both regionally and by state.
  • Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!

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The infographic is easy to read but way to general for specific markets.  If you dive into the report Ohio is ranked 21st in the nation with ranked by housing prices from 2017 to 2018


Rising real estate in ohio

The shocker for Ohio is the lower than average increase since 1991.  Through the end of October, the Cincinnati home sale prices rose 6.5% from last year.  How this affects your home or condo requires running the numbers for your specific area or complex.

 

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