The data you see below is from the Cincinnati Multiple Listing Service (MLS). Average days on market refers to how long on average a property stays on the market before accepting an offer. The properties sold represents the number of multifamily properties that have been sold during the month being reported on. If there is other data you would like to see please feel free to make a request in the comments below.
The data you see below is from the Cincinnati Multiple Listing Service (MLS). Average days on market refers to how long on average a property stays on the market before accepting an offer. The properties sold represents the number of multifamily properties that have been sold during the month being reported on. If there is other data you would like to see please feel free to make a request in the comments below.
The data you see below is from the Cincinnati Multiple Listing Service (MLS). Average days on market refers to how long on average a property stays on the market before accepting an offer. The properties sold represents the number of multifamily properties that have been sold during the month being reported on. If there is other data you would like to see please feel free to make a request in the comments below.
Median price has gone up from February 2023 and the average days on market has also reduced which means the luxury real estate market is showing signs of life. More homes have been sold and the real estate listings have also increased.
Housing Starts and Permits Drop in March - There were some revisions to the February numbers but higher rates are causing things to slow down in the new construction home market.
...The data you see below is from the Cincinnati Multiple Listing Service (MLS). Average days on market refers to how long on average a property stays on the market before accepting an offer. The properties sold represents the number of multifamily properties that have been sold during the month being reported on. If there is other data you would like to see please feel free to share in the comments below.
There was a slight increase in sale of multi-family properties in Cincinnati. Interest rates still continue to be a drag on sales, but with good cash flow buyers are ready to make offers.
The data you see below is from the Cincinnati Multiple Listing Service (MLS). Average days on market refers to how long on average a property stays on the market before accepting an offer. The properties sold represents the number of multifamily properties that have been sold during the month being reported on. If there is other data you would like to see please feel free to share in the comments below.
Fewer sales in the multi-family cateogry for December 2022. Some of the slow down can be attributed to December being a typically slower selling month due to holidays. Interest rates are likley having an impact as well.
Mortgage rates have bumped up quite a bit and the average mortgage rate as of writing this update is 5%. Mortgage applications and refinance applications have slowed down as a result. Inventory in the luxury market remains unchanged from last month but the median price is down a bit along with the days on market. As interest rates remain higher than a few months ago and even increase further compared to today's rate more buyers will pause their goal of buying a home or start to shop for homes priced at a lower point.
With housing inventory being tight in many different markets, the Cincinnati luxury real estate market is no different. Prices continue to climb and the amount of homes on the market available for sale are also lower than typical. Median price has climbed and can be traced to very low mortgage rates.
About the author: The above article “January 2021 Greater Cincinnati Luxury Real Estate Market Report” was provided by Luxury Real Estate Specialist Paul Sian. Paul can be reached at paul@CinciNKYRealEstate.com or by phone at 513-560-8002. If you’re thinking of selling or buying your investment or commercial business property I would love to share my marketing knowledge and expertise to help you. Contact me today!
I work in the following Greater Cincinnati, OH and Northern KY areas: Alexandria, Amberly, Amelia, Anderson Township, Cincinnati, Batavia, Blue Ash, Covington, Edgewood, Florence, Fort Mitchell, Fort Thomas, Hebron, Hyde Park, Indian Hill, Kenwood, Madeira, Mariemont, Milford, Montgomery, Mt. Adams, Mt. Washington,...
The median price of luxury homes in the September 2020 Greater Cincinnati luxury real estate market ticked up a small amount from August 2020. The total amount of homes sold went down and average days on market went down ever so slightly. The total amount of homes did see a reduction as well as homes got sold fewer homeowners decided to go on the market as well. As the weather gets colder expect homes available for sale to slow down as well.
About the author: The above article “September 2020 Greater Cincinnati Luxury Real Estate Market Report” was provided by Luxury Real Estate Specialist Paul Sian. Paul can be reached at paul@CinciNKYRealEstate.com or by phone at 513-560-8002. If you’re thinking of selling or buying your investment or commercial business property I would love to share my marketing knowledge and expertise to help you. Contact me today!
I work in the following Greater Cincinnati, OH and Northern KY areas: Alexandria, Amberly, Amelia, Anderson Township, Cincinnati, Batavia, Blue Ash, Covington, Edgewood, Florence, Fort Mitchell, Fort Thomas, Hebron, Hyde Park, ...
The median luxury home price ticked up slightly in July 2020 compared to June 2020 and along with that time on market reduced as well as the number of homes sold increased. Total luxury homes for sale remained about the same compared to last month. With increased opening of the economy and more buyers feeling comfortable going out and seeing homes total luxury home sold also increased in the Greater Cincinnati area.
About the author: The above article “July 2020 Greater Cincinnati Luxury Real Estate Market Report” was provided by Luxury Real Estate Specialist Paul Sian. Paul can be reached at paul@CinciNKYRealEstate.com or by phone at 513-560-8002. If you’re thinking of selling or buying your investment or commercial business property I would love to share my marketing knowledge and expertise to help you. Contact me today!
I work in the following Greater Cincinnati, OH and Northern KY areas: Alexandria, Amberly, Amelia, Anderson Township, Cincinnati, Batavia, Blue Ash, Covington, Edgewood, Florence, Fort Mitchell, Fort Thomas, Hebron, ...
Indian Hill, Ohio was named one of the best places to raise a family by the Robb Report. Just as with many other markets inventory is low which means fewer homes available for purchase. Fewer homes with plenty of qualified buyers lends support to current pricing levels. Existing home sales are down from last year though, but with the lack of homes to sell would that be the same case with the enough homes to meet demand?
About the author: The above article “Indian Hill, Ohio June 2020 Real Estate Market Report” was provided by Luxury Real Estate Specialist Paul Sian. Paul can be reached at paul@CinciNKYRealEstate.com or by phone at 513-560-8002. If you’re thinking of selling or buying your investment or commercial business property I would love to share my marketing knowledge and expertise to help you. Contact me today!
I work in the following Greater Cincinnati, OH and Northern KY areas: Alexandria,...
As is to be expected during the holiday season home sales begin to slow down as fewer luxury homes are bought and sold. Fewer sellers are looking to put their homes on the market during the holiday season due to travel or family visit plans.
The upcoming tax bill making its way through congress could change the landscape of real estate by eliminating or limiting mortgage interest deductions as well as increasing the time required for a home seller to be in a home to get a tax break on any gain from the sale of their home. Currently a homeowner must live in a house for at least two of the last five years to be entitled to a tax free gain from the sale of $250,000 for a single person and $500,000 for a married couple. In the tax law as proposed the timeframe would change to require homeowners to live in the home for at least five years out of the last eight years. That change in time required to live in a home could potentially slow down housing sales since people will have to stay longer in the home if they want to sell and not be taxed on the gain. Ultimately what the final tax bill says still remains to be seen as the U.S. Senate and House of Representatives are still negotiating a reconciled bill to send to the President.
Consumers Shift To High Gear, But At What Cost? by Mish Shedlock
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Want to know what happened during the October 2016 Northern Kentucky Real Estate Market sales period? You have come to the right place. Read on to get the latest statistics and information in the October 2016 Northern Kentucky Real Estate Report. Home inventory is still low around the Greater Cincinnati area compared to a year ago.
In October there were 198 homes that sold during the month for Boone County, 118 for Campbell County and 244 homes that sold for Kenton County. Homes that went pending in October were 77 for Boone, 71 for Campbell County and 114 for Kenton.
Want to know what happened during the October 2016 Cincinnati Real Estate Market and Northern Kentucky Real Estate Market sales period? You have come to the right place. Read on to get the latest statistics and information in the October 2016 Greater Cincinnati Real Estate Report. Home inventory is still low around the Greater Cincinnati area compared to a year ago and sales are also up.
In October there were 941 homes that sold during the month for Hamilton County and 283 homes that sold in Clermont County. Homes that went pending in October were 480 for Hamilton and 140 for Clermont County. Pending status means they had an offer accepted and were awaiting closing pending inspections, appraisals, financing etc.
If you are ready to sell or ...
Want to know what happened during the September 2016 Northern Kentucky Real Estate Market sales period? You have come to the right place. Read on to get the latest statistics and information in the September 2016 Northern Kentucky Real Estate Report. Home inventory is still low around the Greater Cincinnati area compared to a year ago.
In September there were 201 homes that sold during the month for Boone County, 129 for Campbell County and 231 homes that sold for Kenton County. Homes that went pending in September were 99 for Boone, 56 for Campbell County and 124 for Kenton.
Want to know what happened during the September 2016 Cincinnati Real Estate Market and Northern Kentucky Real Estate Market sales period? You have come to the right place. Read on to get the latest statistics and information in the September 2016 Greater Cincinnati Real Estate Report. Home inventory is still low around the Greater Cincinnati area compared to a year ago and sales are also up.
In September there were 1032 homes that sold during the month for Hamilton County and 303 homes that sold in Clermont County. Homes that went pending in September were 506 for Hamilton and 139 for Clermont County. Pending status means they had an offer accepted and were awaiting closing pending inspections, appraisals, financing etc.
If you are ready to sell or ...
Want to know what happened during the August 2016 Cincinnati Real Estate Market and Northern Kentucky Real Estate Market sales period? You have come to the right place. Read on to get the latest statistics and information in the August 2016 Greater Cincinnati Real Estate Report. Home inventory is still low around the Greater Cincinnati area compared to a year ago and sales are also up.
In August there were 1154 homes that sold during the month for Hamilton County and 290 homes that sold in Clermont County. Homes that went pending in August were 833 for Hamilton and 253 for Clermont County. Pending status means they had an offer accepted and were awaiting closing pending inspections, appraisals, financing etc.
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Want to know what happened during the August 2016 Northern Kentucky Real Estate Market sales period? You have come to the right place. Read on to get the latest statistics and information in the August 2016 Northern Kentucky Real Estate Report. Home inventory is still low around the Greater Cincinnati area compared to a year ago.
In August there were 222 homes that sold during the month for Boone County, 122 for Campbell County and 224 homes that sold for Kenton County. Homes that went pending in August were 95 for Boone, 72 for Campbell County and 135 for Kenton.
Want to know what happened during the July 2016 Northern Kentucky Real Estate Market sales period? You have come to the right place. Read on to get the latest statistics and information in the July 2016 Northern Kentucky Real Estate Report. Home inventory is still low around the Greater Cincinnati area compared to a year ago.
In July there were 232 homes that sold during the month for Boone County, 116 for Campbell County and 230 homes that sold for Kenton County. Homes that went pending in July were 129 for Boone, 79 for Campbell County and 137 for Kenton.
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