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.
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.
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.
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.
|# Sold||Average Sales Price||# Sold||Average Sales Price|