Cincinnati Real Estate

Greater Cincinnati's Real Estate Connection

Kathy S. Koops GRI

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Real Estate Snapshots

filed under: Local Market Stats, Real Estate posted on February 25th, 2019

The National Association of RealtorsĀ®  (NAR) released a snapshot for January home sales.

real estate sales
The Cincinnati Area Board of Realtors released information about local sales for January 2019:

Cincinnati Home Sales

Source: Cincinnati Area Board of Realtors

Local sales are slightly lower compared to January 2018 but prices continue to inch up.  The graph below shows Cincinnati has slightly more homes for sale than last January.  But with the shortage of listings, we’re still leaning toward a seller’s market.

Cincinnati real estate inventory

Source: Cincinnati Area Board of Realtors

The number of single-family homes sold/closed from January 1st through February 20th 0f 2109 is 1810 units versus 1961 units for the same time-frame last year.  It’s too early to get excited over the slowdown because Cincinnatians don’t cope with snow and cold!

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