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.

graph of sale vs median home prices in Cincinnati

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.

bar chart Cincinnati Homes Inventory New Listings and Sales


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.
Bar Chart by county comparing home sales in Cincinnati

The average sale price for single-family home sales, in most counties continues to climb. 

# SoldAverage Sales Price# SoldAverage Sales Price

Do you have questions about sale prices in your neighborhood-send a request for a full market evaluation?  Anything else – Call/Txt