April 2017 Home Sales Report for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana

HomeSales_April2017.jpgApril 2017 home sales were very strong in Dayton, Ohio with that region boasting its strongest month on record with 1,316 homes sold. Although sales were not at record pace in Cincinnati and Northern Kentucky as in previous months, home sales were still strong, and average and median sale prices rose in these regions in April. In Southeastern Indiana, sales were behind April 2016, but sales are still strong for that region overall year-to-date.

It’s a great time to sell and buy a new home. Home values are rising and mortgage interest rates are low. Demand for homes for sale is high. Look at homes for sale.

Here are the statistics for April homes sale per region:

Cincinnati April Home Sales

April 2017 vs April 2016

  • 1.319% Decrease in home sales (2, 119 homes vs 2,362 homes)
  • 1.71% Decrease in sales volume ($432,814,944 vs $440,362,552)
  • 9.56% Increase in average sale price ($204,254 vs $186,436)
  • 8.49% Increase in median sale price ($163,000 vs $150,250)

January – April 2017 vs January – April 2016

  • .21% Decrease in home sales (7,173 homes vs 7,188 homes)
  • 7.96% Increase in sales volume ($1,374,836,574 vs $1,273,434,217)
  • 8.19% Increase in average sale price ($191,668 vs $177,161)
  • 8.51% Increase in median sale price ($153,000 vs $141,000)

Source: Cincinnati Area Board of Realtors Home Sales Report, April 2017

Dayton, Ohio April Home Sales

April 2017 vs April 2016

  • 1.31% Increase in home sales (1,316 homes vs 1,299 homes)
  • 8.55% Increase in sales volume ($206,823,500 vs $190,534,920)
  • 7.15% Increase in average sale price ($157,161 vs $146,678)
  • 2.36% Increase in median sale price ($130,000 vs $127,000)

January – April 2017 vs January – April 2016

  • 6.23% Decrease in home sales (6,769 homes vs 7,218 homes)
  • 14.43% Increase in sales volume ($647,220,075 vs $565,595,073)
  • 8.43% Increase in average sale price ($148,309 vs $136,782)
  • 8.14% Increase in median sale price ($127,600 vs $118,000)

Source: Dayton Area Board of Realtors Home Sales Report, April 2017

Northern Kentucky April Home Sales

April 2017 vs April 2016

  • 7.27% Decrease in home sales (574 homes vs 619 homes)
  • 4.50% Decrease in sales volume ($101,017,579 vs $105,780,751)
  • 8.04% Increase in average sale price ($175,988 vs $162,889)
  • 3.33% Increase in median sale price ($155,000 vs $150,000)

January – April 2017 vs January – April 2016

  • 5.47% Increase in home sales (2,007 homes vs 1,903 homes)
  • 8.94% Increase in sales volume ($340,830,880 vs $312,8450,006)
  • 3.30% Increase in average sale price ($169,821 vs $164,398)
  • 3.82% Increase in median sale price ($149,500 vs $144,000)

Source: Northern Kentucky Association of Realtors Home Sales Report, April 2017

Southeastern Indiana April Home Sales

April 2017 vs April 2016

  • 14.2% Decrease in home sales (91 homes vs 106 homes)
  • 28.7% Decrease in sales volume ($11,681,753 vs $16,373,704)
  • 16.9% Decrease in average sale price ($128.371 vs $154,469)
  • 9.4% Decrease in median sale price ($125,000 vs $138,001)

January – April 2017 vs January – April 2016

  • 9.2% Increase in home sales (332 homes vs 304 homes)
  • 12.1% Increase in sales volume ($48,332,161 vs $43,100,390)
  • 2.7% Increase in average sale price ($145,549 vs $141,778)
  • .9% Increase in median sale price ($133,700 vs $132,500)

Source: Rick McMillin VP/Sales Manager of Sibcy Cline Harrison, Southeastern Indiana Home Sales Report, April 2017

 

 

 

 

 

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