Did Home Sales Bloom in May?
Did Home Sales Bloom in May?
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Home sales and prices continued to bloom during May in Cincinnati.
The median sale price rose +4.8% comparing May 2018 to May 2019. And comparing the average sale prices in the same timeframe +3.4%. However, the average sale price only increased +2.6% from April 2019 -so the market may be slowing down a bit.
The number on new listings continues to bounce around. New listings were up +3.5% from last month but down -3.2% from May 2018.
In May all the counties are ahead of last year’s numbers.
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.
| 2018 | 2019 | |||
| # Sold | Average Sales Price | # Sold | Average Sales Price | |
| Butler | 1674 | $202,982 | 1728 | $211,093 |
| Clermont | 990 | $213,896 | 999 | $223,603 |
| Hamilton | 3760 | $219,326 | 3787 | $227,026 |
| Warren | 1101 | $279,950 | 1077 | $289,303 |
Do you have questions about sale prices in your neighborhood-send a request for a full market evaluation? Anything else – Call/Txt
