May 2021 Greater Cincinnati Luxury Real Estate Market Report
May 2021 Greater Cincinnati Luxury Real Estate Market Report
Luxury home inventory increased slightly from April 2021. Days on market decreased slightly and the amount of homes that sold overall increased as compared to last month. The summer time is traditionally a slower time period for sales. This time last year the real estate buying cycle was pushed due to the COVID pandemic and summer remained pretty active time for real estate. As the economy is opening up and people are wanting to get out we might see a drop in home buying/selling activity as people opt to spend more time travelling and catching up on things they could not do during the pandemic.
If you need help buying or selling a luxury home in the Greater Cincinnati or Northern Kentucky area feel free to contact me so that you can gain some insight in to the local luxury real estate market.
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