September 2019 Home Sales Update

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Home sales down slightly from last month.

The median sale price rose +7.3% comparing September 2018 to September 2019. And comparing the average sale prices in the same timeframe +9.1%.  However, the average sale price is down -o.1% from last month

Prices
graph of real estate prices in Cincinnati

The number of new listings decreased by – 7.1% from last month.  And up +6.4%%  compared to September 2018.

Inventory / New Listings / Sales
Bar Chart of Real Estate Inventory in Cincinnati
The average Days
on Market (DOM)for September was equal to last month and down -9.1% September 2018

Market Time
Graph of Days on Market for home sales In Cincinnati

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September’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 of home sales in cincinnati's 4 major counties

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

20182019
# SoldAverage Sales Price# SoldAverage Sales Price
Butler3509$208,9543521$218,605
Clermont1982$219,1372040$229,650
Hamilton7681$229,0847610$237,438
Warren2224$287,3612228$305,147

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