Very low interest rates, good weather as well as reasonable prices for homes have kept the real estate market strong even through COVID-19.

Although sales were down in all regions (except in Dayton), average and median sale prices rose  – encouraging news for those thinking about selling their homes.

Here is a report by region of homes sales throughout June 2020:

CINCINNATI / SOUTHEASTERN INDIANA

June 2020 vs  June 2019

• -7.00% Decrease in homes sold (2,524 homes vs 2,714 homes)
• 3.44% Increase in average sale price ($253,686 vs $245,482)
• 7.50% Increase in median sale price ($214,900 vs $199,900)
• -3.89% Decrease in gross sales volume ($640,303,731 vs $666,238,556)

January–June 2020 vs January–June 2019

• -8.94% Decrease in homes sold (11,371 homes vs 12,487 homes)
• 4.81% Increase in average sale price ($234,569 vs $223,794)
• 6.30% Increase in median sale price ($194,000 vs $182,500)
• -4.55% Decrease in gross sales volume ($2,667,278,875 vs $2,794,520,911)

Statistics courtesy of Cincinnati Area Board of Realtors June 2020 Home Sales Report

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DAYTON

June 2020 vs June 2019

• 6.21% Increase in homes sold (1,624 homes vs 1,529 homes)
• 5.40% Increase in average sale price ($205,851 vs $195.303)
• 5.00% Increase in median sale price ($178.500 vs $170,000)
• 11.95% Increase in sales volume ($334,301,250 vs $298,618,817)

January–June 2020 vs January–June 2019

• -5.12% Decrease in homes sold (7,378 homes vs 7,776 homes)
• 7.83% Increase in average sale price ($187,003 vs $173,418)
• 7.92% Increase in median sale price ($160,800 vs $149,000)
• 2.31% Increase in sales volume ($1,379,708,002 vs $1,348,494,690)

Statistics courtesy of Dayton Realtors June 2020 Home Sales Report

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NORTHERN KENTUCKY

June 2020 vs June 2019

• -25.80% Decrease in homes sold (558 homes vs 752 homes)
• 5.20% Increase in average sale price ($217,314 vs $206,571)
• 6.42% Increase in median sale price ($193,685 vs $182,000)
• -21.94% Decrease in sales volume ($121,261,268 vs $155,342,050)

January–June 2020 vs January–June 2019

• -8.47% Decrease in homes sold (2,529 homes vs 2,763 homes)
• 9.39% Increase in average sale price ($215,600 vs $196,761)
• 7.87% Increase in median sale price ($185,000 vs $171,500)
• .13% Increase in sales volume ($544,333,099 vs $543,652,032)

Statistics courtesy of Northern Kentucky Association of Realtors June 2020 Home Sales Report