May 2015 – Home Sales Increase in Cincinnati!

Home sales in Cincinnati for May 2015 saw an increase of 1.27% as compared to May 2014. Here are the statistics:

May 2015 vs May 2014

  • 1.27% Increase in unit sales (2,306 vs 2,277)
  • 8.19% Increase in sales volume
  • 6.83% Increase in average sale price ($195,110 vs $182,630)

January – May 2015 vs January -May 2014

  • 3.98% Increase in unit sales (8,832 vs 8,494)
  • 10.03% Increase in sales volume
  • 5.82% Increase in average sale price ($174,842 vs $165,227)

Homes-for-sale inventory is down 9.2% as compared to May 2014.

Graph

It’s a great time to buy and sell a home! Mortgage rates are still low. Home values are rising. Inventory is low. Look at homes here.

Statistics courtesy of: Cincinnati Area Board of Realtors Home Sales Report, May 2015

 

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