Take a look at our regional home sales report for July. Average home price increased for all areas. 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: Sibcy Cline Photography Department: Bellevue, Kentucky.)
Here is a report by region of homes sales throughout July 2019:
Cincinnati / Southeastern Indiana
The average price of homes continue to increase.
July 2019 vs July 2018
- -1.53% Decrease in homes sold (2,518 homes vs 2,557 homes)
- 7.41% Increase in average sale price ($240,974 vs $224,342)
- 7.75% Increase in median sale price ($193,950 vs $180,000)
- 5.78% Increase in gross sales volume ($606,771,447 vs $573,641,436)
January–July 2019 vs January–July 2018
- -1.36% Decrease in homes sold (14,965 homes vs 15,171 homes)
- 5.16% Increase in average sale price ($226,398 vs $215,294)
- 5.49% Increase in median sale price ($184,500 vs $175,900)
- 3.74% Increase in gross sales volume ($3,388,041,661 vs $3,266,226,979)
Statistics courtesy of Cincinnati Area Board of Realtors July 2019 Home Sales Report
Dayton
In July, the Dayton area saw gains in the number of homes sold as well as average/median sale price.
July 2019 vs July 2018
- 3.47% Increase in homes sold (1,668 homes vs 1,612 homes)
- 10.06% Increase in average sale price ($188,950 vs $171,683)
- 12.24% Increase in median sale price ($165,000 vs $147,000)
- 13.88% Increase in sales volume ($315,168,484 vs $276,752,628)
January–July 2019 vs January–July 2018
- .32% Increase in homes sold (9,474 homes vs 9,444 homes)
- 6.66% Increase in average sale price ($176,260 vs $165,253)
- 7.12% Increase in median sale price ($150,500 vs $140,500)
- 7.0% Increase in sales volume ($1,669,882,543 vs $1,560,648,125)
Statistics courtesy of Dayton Realtors July 2019 Home Sales Report
Northern Kentucky
Average home price increased by over six percent in July.
July 2019 vs July 2018
- 1.51% Increase in homes sold (738 homes vs 727 homes)
- 6.35% Increase in average sale price ($211,484 vs $198,853)
- 9.44% Increase in median sale price ($184,950 vs $169,000)
- 7.96% Increase in sales volume ($156,075,459 vs $144,566,749)
January–July 2019 vs January–July 2018
- -3.41% Decrease in homes sold (4,101 homes vs 4,246 homes)
- 4.27% Increase in average sale price ($202,750 vs $194,443)
- 5.11% Increase in median sale price ($175,000 vs $166,500)
- .71% Increase in sales volume ($831,479,366 vs $825,606,414)
Statistics courtesy of Northern Kentucky Association of Realtors July 2019 Home Sales Report
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