
Home sales increased for all regions in November. In Greater Cincinnati, the area had the most home sales of any November on record. In Northern Kentucky, sales rose by 20% and in Dayton they increased by almost 19%.
Mortgage rates are low. Home values are high. It’s a great time to list your home for sale and for buyers to find their dream home.
Here is a report by region of homes sales throughout November 2020:
CINCINNATI / SOUTHEASTERN INDIANA
November 2020 vs November 2019
- 13.22% Increase in homes sold (2,167 homes vs 1,914 homes)
- 11.02% Increase in average sale price ($251,501 vs $226,546)
- 17.84% Increase in median sale price ($215,000 vs $182,450
- 25.69% Increase in gross sales volume ($545,002,032 vs $443,609,220)
January–November 2020 vs January–November 2019
- 1.88% Increase in homes sold (24,348 homes vs 23,898 homes)
- 9.24% Increase in average sale price ($246,927 vs $226,041)
- 11.93% Increase in median sale price ($205,950 vs $184,000)
- 11.30% Increase in gross sales volume ($6,012,183,077 vs $5,401,928,888)
Statistics courtesy of Cincinnati Area Board of Realtors November 2020 Home Sales Report
DAYTON
November 2020 vs November 2019
- 18.97% Increase in homes sold (1,405 homes vs 1,181 homes)
- 10% Increase in average sale price ($198,977 vs $180,881)
- 12.90% Increase in median sale price ($198,977 vs $180,881)
- 30.87% Increase in gross sales volume ($279,562,150 vs $213,619,991)
January–November 2020 vs January–November 2019
- 3.42% Increase in homes sold 15,787 homes vs 15,265 homes)
- 10.91% Increase in average sale price ($196,644 vs $177,296)
- 11.05% Increase in median sale price ($169,900 vs $153,000)
- 14.71% Increase in sales volume ($3,104,416,420 vs $2,706,425,382)
Statistics courtesy of Dayton Realtors November 2020 Home Sales Report
NORTHERN KENTUCKY
November 2020 vs November 2019
- 20.70% Increase in homes sold (659 homes vs 546 homes)
- 18.06% Increase in average sale price ($241,216 vs $204,323)
- 23.61% Increase in median sale price ($216,309 vs $175,000)
- 42.49% Increase in sales volume ($158,961,420 vs $111,560,662)
January–November 2020 vs January–November 2019
- 5.26% Increase in homes sold (7,098 homes vs 6,743 homes)
- 10.39% Increase in average sale price ($228,376 vs $206,886)
- 13.07% Increase in median sale price ($201,257 vs $178,000)
- 16.20% Increase in sales volume ($1,621,016,065 vs $1,295,035,283)
Statistics courtesy of Northern Kentucky Association of Realtors November 2020 Home Sales Report
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