Average Sale Price of Homes in Cincinnati up Six Percent for 2014

CABR2014_Facebook
Average home prices for homes in Cincinnati rose 6.28% in 2014. 22,613 homes sold during the year.

December 2014 vs December 2013

  • 4.70% Increase in average sale price ($173,000 vs $165,239)
  • 5.21% Increase in gross sales volume
  • .50% Increase in home sales (1,616 homes vs 1,608 homes)

January – December 2014 vs January – December 2013

  • 6.28% Increase in average sale price ($175,382 vs $165,025)
  • 4.47% Increase in gross sales volume
  • 1.7% Decrease in home sales (22,613 homes vs 23,003 homes)

Interested in selling your home?
Mortgage interest rates are still low. Inventory of homes-on-the-market is low. With rising house values, now is the time to sell your old home and buy a new one.

 

Statistics: Cincinnati Area Board of Realtors Home Report – December 2014

 

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