Average home sale and median sale prices increased during June in Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana with some regions setting records for average sale prices. Here is our report for the month:
Cincinnati
June 2018 recorded the fourth-highest home sales for that month since 2005.
June 2018 vs June 2017
- -.99% Decrease in homes sold (2,798 homes vs 2,826 homes)
- 5.19% Increase in average sale price ($233,278 vs $221,773)
- 8.26% Increase in median sale price ($188,650 vs $174,250)
- 4.15% Increase in gross sales volume ($652,712,842 vs $626,729,090)
January – June 2018 vs January – June 2017
- -1.34% Decrease in homes sold 12,560 homes vs 12,731 homes)
- 6.41% Increase in average sale price ($213,086 vs $200,246)
- 7.88% Increase in median sale price ($172,500 vs $159,900)
- 4.98% Increase in gross sales volume ($2,676,894 vs $2,549,336,976)
Statistics courtesy of Cincinnati Area Board of Realtors June 2018 Home Sales Report
Dayton
The average sale price in Dayton hit a record in June at $183,876.
June 2018 vs June 2017
- -.36% Decrease in homes sold (2,155 homes vs 2,177 homes)
- 8.95% Increase in average sale price ($183,876 vs $168,771)
- 9.34% Increase in median sale price ($158,000 vs $144,500)
- 8.56% Increase in sales volume ($309,647,478 vs $285,222,709)
January – June 2018 vs January – June 2017
- .50% Increase in homes sold (7,796 homes vs 7,757 homes)
- 6.25% Increase in average sale price ($164,018 vs $154,374)
- 6.06% Increase in median sale price ($140,000 vs $132,000)
- 6.78% Increase in sales volume ($1,278,682,510 vs $1,197,478,652)
Statistics courtesy of Dayton Realtors June 2018 Home Sales Report
Northern Kentucky
June 2018 broke a record for the highest average sale price at $201,874 and the highest median sale price at $175,000 since 2000.
June 2018 vs June 2017
- –8.37% Decrease in homes sold (690 homes vs 753 homes)
- 4.02% Increase in average sale price ($201,874 vs 194,070)
- 4.17% Increase in median sale price ($175,000 vs $168,000)
- 4.17% Increase in sales volume ($146,134,853vs $146,883,217)
January – June 2018 vs January – June 2017
- -5.94% Decrease in homes sold (3,372 homes vs 3,585 homes)
- 4.02% Increase in average sale price ($193,453 vs $177,603)
- 8.43% Increase in median sale price ($167,000 vs $154,020)
- 2.45% Increase in sales volume ($652,323,580 vs $646,707,387
Statistics courtesy of Northern Kentucky Association of Realtors June 2018 Home Sales Report
Southeastern Indiana
The Southeastern Indiana region had increases in units, average/median sale prices as well as sales volume in June.
June 2018 vs June 2017
- 23% Increase in homes sold (150 homes vs 122 homes)
- 20.7% Increase in average sale price ($190,153 vs $157,554)
- 18.2% Increase in median sale price ($165,475 vs $140,050)
- 48.4% Increase in sales volume ($28,522,959 vs $19,221,640)
January – June 2018 vs January – June 2017
- 5.7% Increase in homes sold (611 homes vs 578 homes)
- 4.8% Increase in average sale price ($166,292 vs $158,743)
- 10% Increase in median sale price ($148,500 vs $135,000)
- 15.7% Increase in sales volume ($101,604,269 vs $87,792,130)
Statistics courtesy of Rick McMillin – Southeastern Indiana Board of Realtors MLS Homes Sold Report dated July 23, 2018.
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