Cincinnati Homes Sales Show 23 Percent Growth in September 2013

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September 2013 showed a continued upward growth in home sales for Cincinnati, Ohio. Home sales for the month were up 23% as compared to September 2012. The area’s real estate market has had 27 consecutive months of increased sales.

CincinnatStatsSept

September 2013 Homes Sales As Compared to September 2012

  • 23.06% Increase – Sales Volume Closed
  • 25.95% Increase Gross Sales Volume
  • 2.35% Increase Average Price ($162,697)

Year-To-Date Home Sales (January – September 2013)

  • 23.45% Increase – Sales Volume Closed
  • 30.99% Increase Gross Sales Volume
  • 6.11% Increase Average Price ($166,721)

Inventory of Homes 
The inventory of homes has declined from 11,558 in 2012 to 10,527 listings in 2013 – a 8.9% decrease. Homes for sale (if priced competitively and move-in ready) are in a position to sell faster. 

Mortgage rates remain and homes are still affordable.

Statistics provided by the Cincinnati Area Board of Realtors.

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