Cincinnati experienced a record-breaking January in home sales with 1,447 homes sold! The mild winter and still-low interest rates have kept up a sales momentum in the area.
January 2017 vs January 2016
- 4.33% Increase in home sales (1,447 homes vs 1,387 homes)
- 13.46$ Increase in sales volume ($261,445,410 vs $230,421,940)
- 8.76% Increase in average sale price ($180,681 vs $166,130)
- 12.60% Increase in median sale price ($143,000 vs $127,000)
Thinking about Buying or Selling a Home?
Mortgage interest rates remain low. Home values are rising. With the low inventory of homes available for sale, now may be the right time to sell your home and purchase another one.
Look at homes for sale here.
Statistics courtesy of: Cincinnati Area Board of Realtors Home Sales Report, January 2017