Spot Check on the Health of the Cincinnati Real Estate Market

Spot Check on the Health of the Cincinnati Real Estate Market

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Spot check on the Cincinnati real estate market.

https://www.pexels.com/photo/blue-and-silver-stetoscope-40568/

 The sale of single-family homes is flowing and, except for a very short supply of homes for sale, the “patient” looks healthy.

The chart below reflects just slim the pickings are when it comes to homes and condos for sale.
Graph of real estate sales in Cincinnati Ohio

At the end of November, the housing supply was below 1 month- considered ideal for sellers.  

However buyers aren’t jumping to purchase overpriced homes- so adjust your prices accordingly.

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Mixing COVIF with the holidays isn’t have much impact on the Cincinnati real estate market.  As you can see below- sales in November outpaced single-family listings.

Super low-interest rates and lots of demand for different housing should keep local home sales healthy throughout 2021.

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