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

Overall for 2018, home sales were very strong for average sale price, median sale price and sales volume. Homes are selling and mortgage interest rates remain low. Here is the December 2018 home sales report for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana:

Cincinnati
Despite a slower December, home sales during that month were still one of the top three strongest in over 10 years.

December 2018 vs December 2017

  • -10.49 Decrease in homes sold (1,55 homes vs 1,849 homes)
  • 5.36% Increase in average sale price ($209,105 vs $198,458)
  • 5.74% Increase in median sale price ($163,900 vs $155,000)
  • -5.69% Decrease in gross sales volume ($346,068,339 vs $366,949,018)

January – December 2018 vs January – December 2017

  • -.1.60% Decrease in homes sold (25,606 homes vs 26,023 homes)
  • 5.74% Increase in average sale price ($213,950 vs $202,342)
  • 6.79% Increase in median sale price ($173,000 vs $162,000)
  • 4.04% Increase in gross sales volume ($5,478,412,381 vs $5,265,554,719)

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

Dayton
The Dayton region had increases in number of homes sold, average sale price, median sale price and sales volume for year-to-date in 2018.

December 2018 vs December 2017

  • -4.37% Decrease in homes sold (830 homes vs 926 homes)
  • 8.42% Increase in average sale price ($165,838 vs $152,963)
  • 8.53% Increase in median sale price ($140,000 vs $129,000)
  • 3.68% Increase in sales volume ($170,647,178 vs $164,587,989)

January – December 2018 vs January – December 2017

  • .72% Increase in homes sold (16,266 homes vs 16,149 homes)
  • 6.40% Increase in average sale price ($165,586 vs $155,621)
  • 6,377% Increase in median sale price ($142,000 vs $133,500)
  • 7.17% Increase in sales volume ($2,693,417,846 vs $2,513,130,160)

Statistics courtesy of Dayton Realtors December 2018 Home Sales Report

Northern Kentucky
Average sales price, median sales price and sale volume were up from December 2017.

December 2018 vs December 2017

  • 0% Increase in homes sold (506 homes vs 506 homes)
  • 5.39% Increase in average sale price ($189,208 vs $179,528)
  • 2.55% Increase in median sale price ($161,000 vs $157,000)
  • 5.39% Increase in sales volume ($95,739,427 vs $90,841,664)

January – December 2018 vs January – December 2017

  • 1.35% Increase in homes sold (7,293 homes vs 7,196 homes)
  • 7.08% Increase in average sale price ($193,416 vs $180,633)
  • 6.29% Increase in median sale price ($167,000  vs $157,210)
  • 8.52% Increase in sales volume ($1,410,587,895 vs $1,299,836,244)

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

Southeastern Indiana
The Southeastern Indiana region had increases in all categories: median sale prices, number of homes sold as well as sales volume in 2018 year-to-date.

December 2018 vs December 2017

  • 3.3% Increase in homes sold (94 homes vs 91 homes)
  • -9.3% Decrease in average sale price ($149,355 vs $164,677)
  • -11.7% Decrease in median sale price ($135,000 vs $152,900
  • -6.3% Decrease in sales volume ($14,039,359 vs $14,985,623)

January – December 2018 vs January – December 2017

  • 3.4% Increase in homes sold (1,267 homes vs 1,225 homes)
  • 4.9% Increase in average sale price ($166,688 vs $158,858)
  • 3.5% Increase in median sale price ($150,100 vs $145,000)
  • 8.5% Increase in sales volume ($211,193,786 vs $194,600,774)

Statistics courtesy of Rick McMillin – Southeastern Indiana Board of Realtors MLS Homes Sold Report dated January 22, 2019.

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