October 2020 Greater Cincinnati Luxury Real Estate Market Report
The median price of luxury homes sold in the Greater Cincinnati real estate market trended down from September 2020. Home sales increased but overall inventory decreased. There are a number of market factors that look to impact luxury home sales going into the future. Increased demand for work from home and more desire for homes away from downtown areas are changing the current demand metric. Whether that holds over the long term remains to be seen.
About the author: The above article “October 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, Indian Hill, Kenwood, Madeira, Mariemont, Milford, Montgomery, Mt. Adams, Mt. Washington, Newport, Newtown, Norwood, Taylor Mill, Terrace Park, Union Township, and Villa Hills.