Home sales as well as average sale and median prices all increased during July in Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana  Here is our report for the month:

Cincinnati
July 2018  was the third-highest sales month July since 2005.

July 2018 vs July 2017

• 4.13% Increase in homes sold (2,545 homes vs 2,444 homes)
• 7.34% Increase in average sale price ($224,481 vs $209,130)
• 5.88% Increase in median sale price ($180,000 vs $170,000)
• 11.78% Increase in gross sales volume ($571,303,051 vs $511,112,955)

January – July 2018 vs January – July 2017

• -.32% Decrease in homes sold 15,127 (homes vs 15,175 homes)
• 6.61% Increase in average sale price ($215,054 vs $201,720)
• 8.63% Increase in median sale price ($174,900 vs $161,000)
• 6.27% Increase in gross sales volume ($3,253,117,610 vs $3,061,097,271)

Statistics courtesy of Cincinnati Area Board of Realtors July 2018 Home Sales Report

Dayton
Dayton had a 10 percent increased in sales for July as compared to July 2017!

July 2018 vs July 2017

• 10.64% Increase in homes sold (1,612 homes vs 1,457 homes)
• 9.26% Increase in average sale price ($171,683 vs $157,132)
• 7.38% Increase in median sale price ($147,000 vs $136,900)
• 20.88% Increase in sales volume ($276,752,628 vs $228,940,893)

January – July 2018 vs January – July 2017

• 3.06% Increase in homes sold (9,444 homes vs 9,253 homes)
• 6,72% Increase in average sale price ($165,253 vs $154,853)
• 5.64% Increase in median sale price ($140,500 vs $133,000)
• 8.92% Increase in sales volume ($1,560,648,125 vs $1,432,851,217)

Statistics courtesy of Dayton Realtors July 2018 Home Sales Report

Northern Kentucky
Home sales were up almost six percent for July as compared to July 2017.

July 2018 vs July 2017

• 5.66% Increase in homes sold (691 homes vs 654 homes)
• 4.13% Increase in average sale price ($200,737 vs $192,770)
• 3.03% Increase in median sale price ($170,000 vs $165,000)
• 10.02% Increase in sales volume ($126,071,908 vs $138,709,887)

January – July 2018 vs January – July 2017

• -3.30% Decrease in homes sold (4,099 homes vs 4,239 homes)
• 8.00% Increase in average sale price ($194,347 vs $179,943)
• 7.05% Increase in median sale price ($167,000 vs $156,000)
• 4.44% Increase in sales volume ($796,631,090 vs $762,779,295)

Statistics courtesy of Northern Kentucky Association of Realtors July 2018 Home Sales Report

Southeastern Indiana
The Southeastern Indiana region had increases in units, average/median sale prices as well as sales volume in July.

July 2018 vs July 2017

• 3.7% Increase in homes sold (112 homes vs 108 homes)
• .3% Increase in average sale price ($163,314 vs $162,763)
• 1.3% Increase in median sale price ($152,400 vs $150,500)
• 4.0% Increase in sales volume ($18,291,190 vs $17,580,000)

January – July 2018 vs January – July 2017

• 5.5% Increase in homes sold (727 homes vs 689 homes)
• 8.3% Increase in average sale price ($166,425 vs $153,732)
• 9.3% Increase in median sale price ($149,800 vs $137,000)
• 14.5% Increase in sales volume ($120,990,808 vs $105,708,000)

Statistics courtesy of Rick McMillin – Southeastern Indiana Board of Realtors MLS Homes Sold Report dated August 22 2018.

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