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Sales/closings continue to be robust. The local market is still suffering from too few homes for sale. Not bad if you’re a seller wanting to sell.
May home sales were down -5.8% from June 2019 and +29.4% higher than last month.
The median sale price rose +5.9% compared to June 2019 and up +3.8% from last month. The average sale price was up +4.2% from June 2019 and up +6.6% from last month.
The Days on Market (DOM) for June was 28 which is the same as last month. And down – 6.7% from June 2019. It’s still a seller’s market!
Home prices up and sales volume down on single-family home sales in the 4 counties. Data pulled from the CincyMLS.
The average sale price for single-family home sales continues to appreciate.
2019 | 2020 | |||
# Sold | Average Sales Price | # Sold | Average Sales Price | |
MLS | 11083 | $229,313 | 10136 | $240,568 |
Butler | 2255 | $214,478 | 1191 | $239,348 |
Clermont | 1264 | $228,492 | 1191 | $239,348 |
Hamilton | 4880 | $234,757 | 4430 | $246,543 |
Warren | 1385 | $300,356 | 1274 | $313,459 |