Final Home Sale Numbers for Greater Cincinnati August 2020
Final Home Sale Numbers for Greater Cincinnati August 2020
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August 2020 single-family home sales in Cincinnati are easing into fall.
Can’t beat the numbers. Once again August 2020 home sales broke the record for the most home sales of August 2018 and 2019. Closings in August were up +8.8% compared to August 2019. However, sales were down -3.0% from last month.
Property Sales
The median sale price rose +20.1% compared to August 2019 and up +1.7% from last month. The average sale price was up +14.9% from August 2019 and down – 2.2% from last month.
Prices
The Days on Market (DOM) for August was 25 days down – 13.9% from last month. The August DOM was at its lowest level compared with August 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 | 15619 | $232,489 | 15135 | $250,838 |
| Butler | 3159 | $219,242 | 2913 | $232,258 |
| Clermont | 11788 | $229,456 | 1747 | $248,178 |
| Hamilton | 6817 | $238,348 | 6574 | $257,977 |
| Warren | 1997 | $302,803 | 2040 | $324,479 |
For in-depth reports on sale prices in your neighborhood-send a request for a full market evaluation? Anything else – Call/Txt
