Breaking Records! December 2020 Local Home Sales Report

Local home sales report Dec 2020

Home sales increased for all regions in December. In Greater Cincinnati, the area set a record for the most home sales of any December. In Northern Kentucky, sales records for 2020 broke previous records for homes sales and volume. In the Dayton region, homes ended the year increasing 12% in December with sale volume improving by over 28% for the month.

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 December 2020:

CINCINNATI / SOUTHEASTERN INDIANA

December 2020 vs December 2019

  • 21.04% Increase in homes sold (2,267 homes vs 1,873 homes)
  • 12% Increase in average sale price ($254,705 vs $227,242)
  • 19.44% Increase in median sale price ($215,000 vs $180,000)
  • 35.66% Increase in gross sales volume ($577,416,950 vs $425,623,937)

January–December 2020 vs January–December 2019

  • 3.55% Increase in homes sold (26,687 homes vs 25,772 homes)
  • 9.51% Increase in average sale price ($247,626 vs $226,124)
  • 12.5% Increase in median sale price ($207,000 vs $184,000)
  • 13.4% Increase in gross sales volume ($6,608,397,521 vs $5,827,659,825)

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

DAYTON

December 2020 vs December 2019

  • 12.16% Increase in homes sold (1,448 homes vs 1,291 homes)
  • 14.87% Increase in average sale price ($199,665 vs $173,816)
  • 19.11% Increase in median sale price ($172,0000 vs $144,400)
  • 28.84% Increase in gross sales volume ($289,114,444 vs $224,396,006)

January–December 2020 vs January–December 2019

  • 3.96% Increase in homes sold (17,283 homes vs 16,625 homes)
  • 11.19% Increase in average sale price ($196,897 vs $177,087)
  • 11.84% Increase in median sale price ($170,000 vs $152,000)
  • 15.59% Increase in sales volume ($3,402,979,256 vs $2,944,065,136)

Statistics courtesy of Dayton Realtors December 2020 Home Sales Report

NORTHERN KENTUCKY

December 2020 vs December 2019

  • 19.2% Increase in homes sold (658 homes vs 552 homes)
  • 10.80% Increase in average sale price ($238,213 vs $214,985)
  • 9.74% Increase in median sale price ($209,000 vs $190,450)
  • 32.08% Increase in sales volume ($156,774,336 vs $118,671,931)

January–December 2020 vs January–December 2019

  • 7.58% Increase in homes sold (7,849 homes vs 7,296 homes)
  • 10.49% Increase in average sale price ($229.263 vs $207,503)
  • 12.85% Increase in median sale price ($202,000 vs $179,000)
  • 18.86% Increase in sales volume (1,799,490,427 vs $1,513,944,214)

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

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