April 2021 Home Sales

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 April showers bring higher sales and prices to Greater Cincinnati.

Source: Cincinnati Area Board of Realtors

Property Sales

April Property sales were 1,978, up 16.6% from 1,697 in April of 2020 and 6.1% higher than the 1,864 sales last month. April 2021 sales were at a mid-level compared to April of 2020 and 2019. April YTD sales of 6,635 are running 8.8% ahead of last year’s year-to-date sales of 6,097.
Graph of Cincinnati home sales

Prices

The Median Sales Price in April was $245,000, up 23.1% from $199,000 in April of 2020 and up 5.6% from $232,000 last month. The Average Sales Price in April was $294,312, up 22.2% from $240,809 in April of 2020 and up 6.2% from $277,210 last month. April 2021 ASP was at the highest level compared to April of 2020 and 2019
Bar chart for home sale prices Cincinnati

Market Time

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 April was 18, down -30.8% from 26 days last month and down -43.8% from 32 days in April of last year. The April 2021 DOM was at its lowest level compared with April 2020 and 2019.

graph depicting days on market for homes sales in Cincinnat

Search

Home prices continue to climb for single-family homes.  Data pulled from the CincyMLS.
Bar chart of single family home sale by county

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.

20202021
# SoldAverage Sales Price# SoldAverage Sales Price
MLS 6,105$231,4676,637$272,876
Butler1169$216,6371319$249,851
Clermont672$233,210735$281,634
Hamilton2710$234,7812879$279,457
Warren768$309,552905$356,209

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