Home Prices Up

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Home Prices Up 5.05% Across the Country

Cincinnati’s price increase is slightly lower than the national average.  The June numbers reflect average home prices climbed once again to $244,750 compared to $233,542 a year earlier, a  + 4.80 % increase.

On the downside the inventory of homes for sale, as of June 30, continued its year-over-year declining trend, dropping from 4,986 a year ago to 4,386 in June 2019, down – 12.0 %. ( Source Cincinnati Area Board of Realtors)

According to Keeping Current Matters

Home Prices Up 5.05% Across the Country [INFOGRAPHIC] | MyKCM

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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