Final Numbers for August Home Sales

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Home sales continue to slow down.

September single-family home sales were up +2.3% compared to September 2018.  However, sales were down -15.6% from last month.

The median sale price rose +5.1% comparing August 2018 to August 2019. And comparing the average sale prices in the same timeframe +3.1%.  However, the average sale price is down -5.6% from last month

Prices

Graph of Prices

The number of new listings decreased by – 5.5% from last month.  And down -6.1%  compared to August 2018.

Inventory / New Listings / Sales
Bar Chart of Listings Inventory and Sale for August in Cincinnati

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August’s numbers reflect slight gains in all the counties.  Single-family home sales volume for the 4 counties.  Data pulled from the CincyMLS.
Bar Chart Home Sales Dollar Volume in Cincinnati

The average sale price for single-family home sales continues to appreciate. 

20182019
# SoldAverage Sales Price# SoldAverage Sales Price
Butler3144$209,0943156$219,179
Clermont1783$220,8671783$229,389
Hamilton6839$230,5836793$238,148
Warren2012$288,4111982$301,921

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