May 2022 Greater Cincinnati Luxury Real Estate Market Report

Luxury home sales increased from last month even with rising mortgage rates.  This can be explained with the fact that most homes that close in a particular month are usually contracted one to two months prior.  In those prior months mortgage rates were lower as compared to May 2022.  Homes going into contract in May will show up in June/July results.  Prices for luxury homes in the Greater Cincinnati have been holding steady for the 2022 time frame.

Additional Articles To Read

• May Housing Bubble Update - See which markets had a run in prices and sales during the month of May 2022.
• Home Prices Set A Record - This article takes a look at home pricing and how it relates to CPI (Consumer Price Index which is a measure of inflation).