October 2020 Home Sales for Greater Cincinnati
October 2020 Home Sales for Greater Cincinnati
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Final report on October 2020 single-family home sales for Greater Cincinnati.
Record-setting October sets the pace for a very busy end to 2020 and the start of 2021.
October 2020 single-family home sales were up +12.6% from October 2019. A repeat of last month, the sales for October 2020 were down – 1.4 % from September. Overall October 2020 sales were at their highest level compared to 2019 and 2018.
Property Sales
The median sale price rose +20.0% compared to October 2019 and down -2.2% from last month. The average sale price was up +16.3% from October 2019 and up +0.8% from last month.
Prices
The Days on Market (DOM) for October was 23 days up +9.1% from last month. The October DOM was at its lowest level compared with October 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 | 19,568 | $232,012 | 19,750 | $254,019 |
| Butler | 3908 | $217,665 | 3791 | $254,532 |
| Clermont | 2276 | $229,488 | 2297 | $251,327 |
| Hamilton | 8520 | $236,115 | 8607 | $261,476 |
| Warren | 2504 | $307,687 | 2626 | $328,393 |
