Cincinnati’s home sales in October were the highest since 2006. This is great news for our region! Mortgage rates are still low. It is a great time to sell and buy homes.
October 2014 vs October 2013
- 2.75% Increase in unit homes sold (1,979 vs 1,926)
- 16.91% Increase in gross sales volume
- 13.78% Increase in average sale price ($176,015 vs $154,701)
January-October 2014 vs January-October 2013
- -1.70% Decrease in unit homes sold (19,412 vs 19,747)
- 4.56% Increase in gross sales volume
- 6.37% Increase in average sale price ($176,110 vs $165,570)
Statistics: Cincinnati Area Board of Realtors Home Sales Report, October 2014