Homes are selling in the Cincinnati region. May home sales were up 9.7% as compared to May 2015. Year to day, home sales have increased 9.6% in the area.
May 2016 vs May 2015
- 9.70% Increase in home sales (2,555 homes vs 2,399 homes)
- 1.95% Increase in median sale price ($157,000 vs $154,000)
- -0.56% Decrease in average sale price ($194,167 vs $195,262)
- 9.09% Increase in sales volume
January – May 2016 vs January – May 2015
- 9.58% Increase in home sales (9,722 homes vs 8,872 homes)
- 5.84% Increase in median sale price ($145,000 vs $137,000)
- 3.66% Increase in average sale price ($181,597 vs $175,183)
- 13.59% Increase in sales volume
Mortgage interest rates remain low. Look at homes for sale.
Statistics courtesy of: Cincinnati Area Board of Realtors Home Sales Report May 2016