July 2020 Home Sales Report
July 2020 Home Sales Report
A spectacular sunset on July 2020 single-family home sales in Cincinnati.
CABR Report
Can’t beat the numbers. July 2020 home sales broke the record for the most home sales of any July ever. Closings in July were up 10.9% against a strong July 2019 with total sales volume up 21.93%.
July 2020 home sales were 2,825 compared to 2,547 in July 2019. And nationally the home sales help to fuel the economy.
Property Sales
The median sale price rose +12.9% compared to July 2019 and up +1.6% from last month. The average sale price was up +10.0% from July 2019 and up +4.2% from last month.
Prices
The Days on Market (DOM) for July was 29 up + 3.6% from last month. The July DOM was at its lowest level compared with July 2019 and 2018.
Market Time
Home prices continue to climb for single-family homes. 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 | 13363 | $232,355 | 12668 | $247,323 |
| Butler | 2721 | $218,034 | 2445 | $229,696 |
| Clermont | 1535 | $228,935 | 1475 | $243,272 |
| Hamilton | 5842 | $238,935 | 5526 | $254,311 |
| Warren | 1697 | $302,907 | 1665 | $322,209 |
For in-depth reports on sale prices in your neighborhood-send a request for a full market evaluation? Anything else – Call/Txt
