April home sales were strong once again for the region. Sales exceeded 2018 figures in Cincinnati and Dayton, Ohio and remained the same for Southeastern Indiana. Mortgage interest rates remain low. With home values still on the rise and a low inventory of homes for sale, it is a great time to sell your home. (Photo image: SC Photography Department: Clifton Heights on McMillan Street near the University of Cincinnati.)

Here is a report by region of homes sales throughout April 2019:

Cincinnati
Sales increased in April by 6.5% as compared to April 2018.

April 2019 vs April 2018

• 6.52% Increase in homes sold (2,370 homes vs 2,225 homes)
• 2.96% Increase in average sale price ($222,036 vs $215,653)
• .4.86% Increase in median sale price ($183,500 vs $175,000)
• 9.67% Increase in gross sales volume ($526,225,131 vs $479,826,911)

January–April 2019 vs January–April 2018

• -1.44% Decrease in homes sold (7,067 homes vs 7,170 homes)
• 4.22% Increase in average sale price ($212,091 vs $203,498)
• 5.96% Increase in median sale price ($174,720 vs $164,900)
• 2.74% Increase in gross sales volume ($1,498,844,403 vs $1,459,082,944)

Statistics courtesy of Cincinnati Area Board of Realtors April 2019 Home Sales Report

Dayton
In Dayton, home sales increased by almost three percent. Average sale price increased by nine percent.

April 2019 vs April 2018

• 2.97% Increase in homes sold (1,457 homes vs 1,415 homes)
• 9.38% Increase in average sale price ($176,501 vs $161,363)
• 7.15% Increase in median sale price ($150,000 vs $139,985)
• 12.63% Increase in sales volume ($257,162,074 vs $228,328,419)

January–April 2019 vs January–April 2018

• 0.00% Increase in homes sold (4,473 homes vs 4,473 homes)
• 5.86% Increase in average sale price ($163,127 vs $154,096)
• 5.30% Increase in median sale price ($139,000 vs $132,000)
• 5.86% Increase in sales volume ($729,666,487 vs $689,272,372)

Statistics courtesy of Dayton Realtors April 2019 Home Sales Report

Northern Kentucky
Homes are selling quickly in Northern Kentucky with an average of 43 days from listing date to closing.

April 2019 vs April 2018

• -20.94% Decrease in homes sold (578 homes vs 649 homes)
• 1.86% Increase in average sale price ($194,522 vs $190,966)
• 5.0% Increase in median sale price ($173,250 vs $165,000)
• -9.28% Decrease in sales volume ($112,434,049 vs $123,936,994)

January–April 2019 vs January–April 2018

• -6.36% Decrease in homes sold (1,959 homes vs 2,092 homes)
• 3.25% Increase in average sale price ($192,384 vs $186,332)
• 2.48% Increase in median sale price ($167,500 vs $163,450)
• -3.32% Decrease in sales volume ($376,881,989 vs $389,806,697)

Statistics courtesy of Northern Kentucky Association of Realtors April 2019 Home Sales Report

Southeastern Indiana
The Southeastern Indiana region had increases in average sale price (7.5%) and median sale price (3.3%) as compared to April 2018. Home sales remained the same as in April 2018.

April 2019 vs April 2018

• 0% Increase in homes sold (106 homes vs 106 homes)
• 7.5% Increase in average sale price ($174,208 vs $162,052)
• 3.3% Increase in median sale price ($155,000 vs $150,000)
• 8.5% Increase in sales volume ($18,466,049 vs $17,015,485)

January–April 2019 vs January–April 2018

• -4.5% Decrease in homes sold (338 homes vs 354 homes)
• 6.1% Increase in average sale price ($169,291 vs $159,609)
• 13.0% Increase in median sale price ($156,750 vs $138.750)
• 4.8% Increase in sales volume ($57,220,475 vs $54,617,810)

Statistics courtesy of Rick McMillin – Southeastern Indiana Board of Realtors MLS Homes Sold Report dated May 21, 2019.

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