Cincinnati Home Sales Still Strong in June

BlueBridge_Downtown.jpgHome sales in June 2016 for the Cincinnati region were still strong with 2,838 homes selling. Although this was a 2.39% decrease as compared to June 2015, the average sale price increased by 6.25% to $212,785. Here are the statistics:

June 2016 vs June 2015

  • -2.39% Decrease in sales units (2,738 homes vs 2,805 homes)
  • 3.71% Increase in gross sales volume
  • 6.25% Increase in average sale price ($212,785 vs $200,269)
  • 9.15% Increase in median sale price ($167,000 vs $153,000)

January – June 2016 vs January – June 2015

  • 6.5% Increase in sales units (12,488 homes vs 11,677 homes)
  • 11.20% Increase in gross sales volume
  • 3.98% Increase in average sale price ($188,420 vs $181,209)
  • 6.38% Increase in median sale price (150,000 vs $141,000)

The inventory of homes for sale remains low with a 21.7% decrease from June 2015.

Look at homes for sale here.

Statistics courtesy of Cincinnati Area Board of Realtors June 2016 Home Sales Report

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