August 2018 Home Sales Report for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana

August Home Sales ReportHome sales were still strong during August in Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana  Here is our report for the month:

Cincinnati
August homes sales were strong – just slightly under August 2017 numbers.

August 2018 vs August 2017

  • -1.14% Decrease in homes sold (2,593 homes vs 2,623 homes)
  • 3.85% Increase in average sale price ($218,566 vs $210,471)
  • 4,52% Increase in median sale price ($177,676 vs $170,000)
  • 2.66% Increase in gross sales volume ($566,741,083 vs $522,062,743)

January – August 2018 vs January – August 2017

  • -.38% Decrease in homes sold (17,730 homes vs 17,798 homes)
  • 6.18% Increase in average sale price ($215,550 vs $203,009)
  • 7.36% Increase in median sale price ($215,550 vs $163,000)
  • 5.77% Increase in gross sales volume ($3,821,703,084 vs $3,613,162,014)

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

Dayton
Dayton had positive increases in homes sold, average and median sales prices as well as sales volume as compared to August 2017.

August 2018 vs August 2017

  • 2.55% Increase in homes sold (1,647 homes vs 1,606 homes)
  • 5.39% Increase in average sale price ($170,981 vs $162,235)
  • 7.76% Increase in median sale price ($150,000 vs $139,200)
  • 8.08% Increase in sales volume ($281,606,165 vs $260,548,765)

January – August 2018 vs January – August 2017

  • 1.90% Increase in homes sold (11,117 homes vs 10,910 homes)
  • 6.61% Increase in average sale price ($166,083 vs $155,782)
  • 6.34% Increase in median sale price ($142,500 vs $134,000)
  • 8.64% Increase in sales volume ($1,846,349,767 vs $1,699,577,954)

Statistics courtesy of Dayton Realtors August 2018 Home Sales Report

Northern Kentucky
Home sales were up over six percent for August as compared to August 2017.

August 2018 vs  August 2017

  • 6.57% Increase in homes sold (730 homes vs 685 homes)
  • 3.86% Increase in average sale price ($189,565 vs $182,511)
  • 5.78% Increase in median sale price ($169,250 vs $160,000)
  • 10.69% Increase in sales volume ($138,382,748 vs $125,020,676)

January – August 2018 vs January – August 2017

  • -1.42% Decrease in homes sold (4,856 homes vs 4,926 homes)
  • 7.22% Increase in average sale price ($193,370 vs $180,346)
  • 6.69% Increase in median sale price ($167,500 vs $157,000)
  • 5.70% Increase in sales volume ($939,006,278 vs $888,384,971)

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

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

August 2018 vs August 2017

  • 8.9% Increase in homes sold (134 homes vs 123 homes)
  • .8% Increase in average sale price ($175,693 vs $174,328)
  • 1.62% Increase in median sale price ($162,500 vs $159,900)
  • 9.8% Increase in sales volume ($23,542,799 vs $21,442,297)

January – August 2018 vs January – August 2017

  • 6.2% Increase in homes sold (863 homes vs 813 homes)
  • 6.6% Increase in average sale price ($167,664 vs $147,335)
  • 6.8% Increase in median sale price ($150,000 vs $140,500)
  • 13.1% Increase in sales volume ($144,693,607 vs $127,913,336)

Statistics courtesy of Rick McMillin – Southeastern Indiana Board of Realtors MLS Homes Sold Report dated September 20, 2018.

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