Highest Ever Average and Median Sale Prices in October for Cincinnati Home Sales

HouseRedGraph.jpgCincinnati home sales in October 2016 saw a 5.51% increase in sales (as compared to October 2015) as well as the highest ever average and median sale prices.

October 2016 vs October 2015

  • 5.51% Increase in sales units (2,185 homes vs 2,070 homes)
  • 19.49% Increase in sales volume
  • 13.25% Increase in average sale price ($193,829 vs $171,144)
  • 14.41% Increase in median sale price ($154,450 vs $135,000)

January – October 2016 vs January – October 2015

  • 6.38% Increase in sales units (22,274 homes vs 20,938 homes)
  • 12.00% Increase in sales volume
  • 5.28% Increase in average sale price ($190,776 vs $152,000)
  • 6.29% Increase in median sale price ($152,000┬ávs $143,000)

Look at homes for sale here.

 

Statistics courtesy of: Cincinnati Area Board of Realtors Home Sales Report, October 2016

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