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May 2020 Greater Cincinnati Luxury Real Estate Market Report

May 2020 GREATER CINCINNATI LUXURY REAL ESTATE MARKET REPORT

With many areas starting to open up real estate sales have started to pick up as well.  Some homeowners have pulled their homes off of the market during the virus induced economic shutdowns and some of those homes may not come back to the market due to changed plans.  In the near term this will cause competition to increase due to fewer homes being on the market for those buyers still ready, willing, and able to buy.  See below infographic for how luxury homes performed in the Greater Cincinnati, Ohio real estate market.

NOVEMBER 2017 GREATER CINCINNATI LUXURY REAL ESTATE MARKET REPORT

About the author: The above article “May 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 ParkIndian Hill, Kenwood, Madeira, Mariemont, Milford, Montgomery, Mt. Adams, Mt. Washington, Newport, Newtown, Norwood, Taylor Mill, Terrace Park, Union Township, and Villa Hills.

Discussion

#1 By Gabe Sanders at 6/13/2020 9:37 AM

I'm seeing some increased activity in my area. Though, I think we have a ways to go before it gets back to "normal".

#2 By Paul at 6/13/2020 9:40 AM

Thanks for the comment Gabe. I agree need some time to a 'normal' if that happens.

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