Snowy start to 2021 single-family home sales in Greater Cincinnati. 

Cincinnati MLS reports:

January Property sales were 1,368, up 13.2% from 1,208 in January of 2020 and -33.4% lower than the 2,053 sales last month. January 2021 sales were at their highest level compared to January 2020 and 2019. January YTD sales of 1,368 are running 13.2% ahead of last year’s year-to-date sales of 1,208.

The Median Sales Price in January was $210,000, up 18.0% from $178,000 in January of 2020 and down -4.5% from $220,000 last month. The Average Sales Price in January was $250,111, up 13.0% from $221,261 in January of 2020 and down -5.3% from $264,194 last month.

January 2021 Average Sale Price was at the highest level compared to January of 2020 and 2019.

Prices

The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market. The DOM for January was 26, up 13.0% from 23 days last month and down -43.5% from 46 days in January of last year.

The January 2021 DOM was at its lowest level compared with January of 2020 and 2019.

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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 climb although the number of sales in Butler County dropped slightly compared to last year.

For in-depth reports on sale prices in your neighborhood-send a request for a full market evaluation?  Anything else – Call/Txt