August home sales rose in Cincinnati with a 7.8% increase as compared to August 2014. Mortgage rates are still low and the inventory of homes for sale remains low. It is a great time to sell your old home and purchase a new one.

August 2015 vs August 2014

• 7.81% Increase in home unit sales (2,306 vs 2,139)
• 5.27% Increase in sales volume
• -2.35% Decrease in average sale price ($186,148 vs $190,630)

January – August 2015 vs January – August 2014

• 7.14% Increase in home unit sales (16,571 vs 15,467)
• 11.62% Increase in sales volume
• 4.18% Increase in average sale price ($183,158 vs $175,802)

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