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.