Take a look at our regional home sales report for October. Average home price increased for all areas and in Cincinnati, an October home sales record was reached! 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.
Here is a report by region of homes sales throughout October 2019:
Cincinnati / Southeastern Indiana
October 2019 home sales set a record for the highest number of sales in over 10 years for that month.
October 2019 vs October 2018
- 7.59% Increase in homes sold (2,241 homes vs 2,083 homes)
- 3.22% Increase in average sale price ($220,848 vs $213,967)
- 4.77% Increase in median sale price ($178,000 vs $169,900)
- 11.05% Increase in gross sales volume ($494,920,593 vs $445,693,300)
January–October 2019 vs January–October 2018
- -.22% Decrease in homes sold (21,953 homes vs 22,001 homes)
- 5.10% Increase in average sale price ($225,812 vs $214,855)
- 5.75% Increase in median sale price ($184,000 vs $174,000)
- 4.87% Increase in gross sales volume ($4,957,250,578 vs $4,727,031,368)
Statistics courtesy of Cincinnati Area Board of Realtors October 2019 Home Sales Report
Dayton
In September, the Dayton area saw gains in the number of homes sold along with average and median sale prices.
October 2019 vs October 2018
- 4.79% Increase in homes sold (1,445 homes vs 1,379 homes)
- 7.90% Increase in average sale price ($178,412 vs $165,344)
- 5.26% Increase in median sale price ($150,000 vs $142,500)
- 13.07% Increase in sales volume ($257,805,736 vs $118,009,113)
January–October 2019 vs January–October 2018
- 1.05% Increase in homes sold (14,048 homes vs 13,902 homes)
- 6.83% Increase in average sale price ($177,081 vs $165,766)
- 7.26% Increase in median sale price ($152,900 vs $142,550)
- 7.95% Increase in sales volume ($2,487,636,851 vs $2,304,484,496)
Statistics courtesy of Dayton Realtors October 2019 Home Sales Report
Northern Kentucky
Average home price increased by over 11 percent in October.
October 2019 vs October 2018
- -2.09% Decrease in homes sold (610 homes vs 623 homes)
- 11.16% Increase in average sale price ($214,501 vs $192,962)
- 11.45% Increase in median sale price ($185,000 vs $166,000)
- 8.84% Increase in sales volume ($130,846,191 vs $120,215,391)
January–October 2019 vs January–October 2018
- -2.97% Decrease in homes sold (6,080 homes vs 6,266 homes)
- 6.60% Increase in average sale price ($206,788 vs $193,977)
- 6.27% Increase in median sale price ($178,000 vs $167,500)
- 3.44% Increase in sales volume ($1,257,271,873 vs $1,215,462,873)
Statistics courtesy of Northern Kentucky Association of Realtors October 2019 Home Sales Report
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