Take a look at our regional home sales report for August. 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: Dayton, Kentucky.)
Here is a report by region of homes sales throughout August 2019:
Cincinnati / Southeastern Indiana
The average price of homes continues to increase.
August 2019 vs August 2018
- -3.66% Decrease in homes sold (2,528 homes vs 2,624 homes)
- 3.41% Increase in average sale price ($225,972 vs $218,521)
- 6.18% Increase in median sale price ($188,950 vs $177,948)
- -.37% Decrease in gross sales volume ($571,257,453 vs $573,399,292)
January–August 2019 vs January–August 2018
- -1.57% Decrease in homes sold (17,515 homes vs 17,795 homes)
- 4.88% Increase in average sale price ($226,303 vs $215,770)
- 5.71% Increase in median sale price ($185,000 vs $175,000)
- 3.23% Increase in gross sales volume ($3,963,693,336 vs $3,829,626,271)
Statistics courtesy of Cincinnati Area Board of Realtors August 2019 Home Sales Report
Dayton
In August, the Dayton area saw gains in average and median sale prices.
August 2019 vs August 2018
- -3.16% Decrease in homes sold 1,964 homes vs 2,112 homes)
- 4.38% Increase in average sale price ($178,464 vs $170,981)
- 3.33% Increase in median sale price ($155,000 vs $150,000)
- 1.08% Increase in sales volume ($284,650,861 vs $281,606,165)
January–August 2019 vs January–August 2018
- .0.16% Decrease in homes sold (11,099 homes vs 11,117 homes)
- 6.3% Increase in average sale price ($176,554 vs $$166,083)
- 6.67% Increase in median sale price ($152,000 vs $142,500)
- 6.13% Increase in sales volume ($1,959,571,932 vs $1,846,349,767)
Statistics courtesy of Dayton Realtors August 2019 Home Sales Report
Northern Kentucky
Average home price increased by almost 18 percent in August.
August 2019 vs August 2018
- -7.98% Decrease in homes sold (703 homes vs 764 homes)
- 17.74% Increase in average sale price ($224,189 vs $190,406)
- 8.76% Increase in median sale price ($184,900 vs $170,000)
- 8.34% Increase in sales volume ($157,605,198 vs $145,470,413)
January–August 2019 vs January–August 2018
- -3.55% Decrease in homes sold (4,833 homes vs 5,011 homes)
- 6.23% Increase in average sale price ($205,912 vs $193,843)
- 5.46% Increase in median sale price ($176,650 vs $167,500)
- 2.45% Increase in sales volume ($995,173,327 vs $971,348,827)
Statistics courtesy of Northern Kentucky Association of Realtors August 2019 Home Sales Report
Sibcy Cline Blog 