Did March Madness Hit Cincinnati’s Home Sales
Did March Madness Hit Cincinnati’s Home Sales
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March Madness winners and losers.
The overall number of homes for sale continues to decline -5.8%% compared to March 2018. And -5.9% from January 2019. March YTD sales are running -5.1% behind 2018
Comparing the average sale price for single-family homes through March 2018 ($202,947) to 2019 ($212,614) led to an increase of +4.6%.
The Selling Price vs Listing Price reveals the amount sellers are willing to come down from their list price. The March 2019 Selling Price vs List Price of 95.6% was up from last month’s 94.7%
Butler was the only county ahead in sales volume compared to 2018.
Single-family home sales volume for the 4 counties. Data pulled from the CincyMLS.
The average sale price for single-family home sales, in most counties continues to climb.
Do you have questions about sale prices in your neighborhood-send a request for a full market evaluation? Anything else – Call/Txt
