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

Cincinnati

September 2017 vs September 2016

• -.4.75% Decrease in homes sold (2,267 homes vs 2,380)
• 3.56% Increase in average sale price ($198,657 vs $191,837)
• 3.23% Increase in median sale price ($160,000 vs $155,000)
• -1.36% Decrease in gross sales volume ($450,354,376 vs $456,571,301)

January – September 2017 vs January – September 2016

• -.33 % Decrease in homes sold (20,055 homes vs 20,121)
• 6.23% Increase in average sale price ($202,423 vs $190,546)
• 7.24% Increase in median sale price ($163,000 vs $152,000)
• 5.88% Increase in sales volume ($4,059,582,615 vs $3,8,33,982,081)

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

Dayton

September 2017 vsSeptember 2016

• -3.38% Decrease in homes sold (1,428 homes vs 1,478)
• 9.03% Increase in average sale price ($159,699 vs $116,477)
• 7.19% Increase in median sale price ($135,000 vs $125,950)
• 5.34% Increase in sales volume ($228,050,163 vs $216,492,454)

January – September 2017 vs January – September 2016

• 1.12% Increase in homes sold (12,374 homes vs 12,237)
• 6.42% Increase in average sale price ($156,227 vs $146,808)
• 5.93% Increase in median sale price ($134,000 vs $126,500)
• 7.61% Increase in sales volume ($1,933,148,167 vs $1,796,484,099)

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

Northern Kentucky

September 2017 vs September 2016

• -6.74% Decrease in homes sold (609 homes vs 653)
• 3.45% Increase in average sale price ($180,363 vs $174,345)
• 8.78% Increase in median sale price ($161,000 vs $148,000)
• -3.52% Decrease in sales volume ($109,841,135 vs $113,847,782)

January – September 2017 vs January – September 2016

• 2.48% Increase in homes sold (5,463 homes vs  5,331)
• 2.44% Increase in average sale price ($180,045 vs $175,345)
• 3.29% Increase in median sale price ($157,000 vs $152,000)
• 4.98% Increase in sales volume ($983,586,065 vs $936,907,047)

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

Southeastern Indiana

September 2017 vs September 2016

• 12.1% Increase in homes sold (111 homes vs 99 homes)
• 15.3% Increase in average sale price ($164,868 vs $142,997)
• 17.8% Increase in median sale price ($159,000 vs $135,000)
• 29.3% Increase in sales volume ($18,300,402 vs $14,156,732)

January – September 2017 vs January –  September 2016

• 4.9% Increase in homes sold (925 homes vs 882 home)
• 5.2% Increase in average sale price ($158,138 vs $150,287)
• 2.8% Increase in median sale price ($142,500 vs $138,649)
• 10.4% Increase in sales volume ($146,277,568 vs $132,552,723)

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