Average Sale Price Record is Set in March 2017 for Cincinnati Homes

Cincinnati Ohio Skyline at NightMarch 2017 came in roaring with home sales increasing by 10 percent in Cincinnati. The average price of homes also set a record for the month following nine other consecutive months of setting such a price record. Here are the statistics:

March 2017 vs March 2016

  • 10.02% Increase in sales (2,175 homes sold vs 1,977 homes sold)
  • 15.05% Increase in sales volume ($422,799,264 vs $367,502,604)
  • 4.57% Increase in average sale price ($194,390 vs $185,889) – Record setting average price!
  • 7.48% Increase in median sale price ($158,000 vs $147,000)

January – March 2017 vs January – March 2016

  • 4.46% Increase in sales (5,041 homes sold vs 4,826 homes sold)
  • 12.90% Increase in sales volume ($940,509,397 vs $833,071,665)
  • 8.08% Increase in average sale price ($186,572 vs $172,622)
  • 9.12% Increase in median sale price ($149,500 vs $137,000)

Look at homes for sale.


 

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