First Look at November 2022 for Cincinnati
First Look at November 2022 for Cincinnati
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First look at November single-family home sales for the Greater Cincinnati area.
It appears the higher interest rates continue to impact local real estate sales. The good news in general is both buyers and sellers are learning how to negotiate again
The chart below shows real estate activity for November 2022 compared to the same timeframe in 2021.
The median sales price in November 2022 was $259,900, up 1.72% from $255,500 from the previous month and 4.00% higher than $249,900 from November 2021.
The November 2022 median sales price was at its highest level compared to November 2021 and 2020. The average sales price in November 2022 was $300,723, down -1.65% from $305,758 from the previous month and 3.36% higher than $290,938 from November 2021.
The November 2022 average sale price was at its highest level compared to November 2021 and 2020.
