Many homes are selling quickly due to low inventories of homes for sale. Mortgage interest rates remain low. Here are the sales statistics for August 2017 for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana:

Cincinnati
The Cincinnati region enjoyed setting a record for 15 consecutive months for increased average sale price!

August 2017 vs August 2016

• -.61% Decrease in homes sold (2,610 homes vs 2,626)
• 8.48% Increase in average sale price ($210,000 vs $193,868)
• 12.58% Increase in median sale price ($170,000 vs $151,000)
• 7.81% Increase in gross sales volume ($548,883,303 vs $509,097,422)

January – August 2017 vs January – August 2016

• .2 % Increase in homes sold (17,776 homes vs 17,740)
• 6.59% Increase in average sale price ($202,902 vs $190,366)
• 7.95% Increase in median sale price ($163,000 vs $151,000)
• 6.8% Increase in sales volume ($3,606,792,639 vs $3,377,091,173)

Statistics courtesy of Cincinnati Area Board of Realtors August 2017 Home Sales Report

Dayton

August 2017 vs August 2016

• -.74% Decrease in homes sold (1,606 homes vs 1,618)
• 10.92% Increase in average sale price ($162,235 vs $146,261)
• 11.36% Increase in median sale price ($139,200 vs $125,000)
• 10.10% Increase in sales volume ($260,548,765 vs $236,650,202)

January – August 2017 vs January – August 2016

• 1.86% Increase in homes sold (10,910 homes vs 10,711)
• 5.96% Increase in average sale price ($134,000 vs $126,900)
• 5.59% Increase in median sale price ($134,000 vs $126,900)
• 7.93% Increase in sales volume ($1,699,577,954 vs $1,574,682,921)

Statistics courtesy of Dayton Area Board of Realtors August 2017 Home Sales Report

Northern Kentucky

August 2017 vs August 2016

• -4.53% Decrease in homes sold (653 homes vs 684)
• -4.36% Decrease in average sale price ($182,987 vs $191,326)
• 1.27% Increase in median sale price ($160,000 vs $158,000)
• -8.69% Decrease in sales volume ($119,490,533 vs $130,867,134)

January – August 2017 vs January – August 2016

• 3.06% Increase in homes sold (4,821 homes vs  4,678)
• 2.50% Increase in average sale price ($180,361 vs $179,956)
• 3.29% Increase in median sale price ($157,000 vs $152,000)
• 5.64% Increase in sales volume ($869,524,447 vs$823,122,265)

Statistics courtesy of Northern Kentucky Association of Realtors August 2017 Home Sales Report

Southeastern Indiana
Southeastern Indiana had an uptick in home sales for August!

August 2017 vs August 2016

• 12.8% Increase in homes sold (123 homes vs 109 homes)
• 9.9% Increase in average sale price ($174,328 vs $158,565)
• 14.2% Increase in median sale price ($159,900 vs $140,000)
• 24.1% Increase in sales volume ($21,442,297 vs $17,283,518)

January – August 2017 vs January – August 2016

• 3.8% Increase in homes sold (813 homes vs 783 home)
• 4.1% Increase in average sale price ($157,335 vs $151,208)
• 1.1% Increase in median sale price ($140,500 vs $139,000)
• 8.0% Increase in sales volume ($127,913,336 vs $118,395,991)

Statistics courtesy of Rick McMillin – Southeast Indiana Association of Realtors Home Sales Report, August 1, 2017

Look at homes for sale in Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana.