Sibcy Cline’s Listing at 3458 Observatory Place is a Finalist in HGTV’s “Ultimate House Hunt” Contest!

HGTV_House_hunt (3458 Observatory Pl)Sibcy Cline has a listing entered as a finalist for the HGTV Ultimate House Hunt Contest. This annual online promotion held on HGTV.com showcases extraordinary homes for sale in eight categories. HGTV editors have already viewed numerous properties worldwide and made their finalist selections. The public now gets to vote for their favorites.

We Need Your Vote for this Home!

Go to HGTV.com/househunt and scroll down the page to the “Homes With a History” graphic. Click on it, scroll through the finalists (at the top) and look for the home – it’s called “Restored Victorian Home Exterior”. Then cast your vote!

Voting is open to the public and takes place June 30–August 4, 2020. You can vote once a day.

About This HGTV Finalist Property
This beautiful home – located at 3458 Observatory Place – is  listed by John Gillespie and Maria McLaughlin from Sibcy Cline’s Hyde Park office. It’s a Victorian Italianate located in the Observatory Historic District in Hyde Park and has been meticulously renovated, features today’s comforts and has an incomparable view of the Observatory

Thanks for voting for this home – every day!

 

Cincinnati’s Homearama 2020 at Walworth Junction

Cincinnati’s Homearama is scheduled for October 10–25, 2020 and is located at the Walworth Junction community at the Historic East End of Cincinnati. This is the first home show hosted by the Home Builders Association of Greater Cincinnati within city limits.

Seven new homes will be featured with home prices starting at $1,000,000.

Home Show Details
October 10–25, 2020
Monday–Thursday: 4pm–9pm
Friday–Sunday: 12pm–9pm

GPS address: 3107 Walworth Avenue, Cincinnati, Ohio 45226

Tickets cost $19 at the gate or online. Discount tickets are available from Kroger stores for $17. Children under 12 are admitted for free when accompanied with an adult. (No strollers, wagons or backpacks permitted.)

Parking is free. Visitors can walk or use a shuttle bus to the home show. Wear comfortable shoes as the parking area is a grass field.

Local food trucks will be on site.

About Walworth Junction
Walworth Junction has 30 single lots and is located on Walworth Avenue near theRiverside Drive and Delta Avenue intersection. (The site was formerly the Pennsylvania Rail Road’s Pendleton Yard.)

The community is close to the Columbia-Tusculum business district and the East End’s Riverside Drive businesses.

April Home Sales Report for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana

花火8There is still strong interest for homes for sale through this challenging time of COVID-19. Low interest rates and a low inventory of available homes for sale have continued the fast-paced home-buying market.

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

CINCINNATI / SOUTHEASTERN INDIANA

Home sales did well with the circumstances of COVID-19 restrictions. The average home price rose 4.9%. Although showings decreased in the first half of the month due to stay-at-home orders, the latter half of April saw an increase of showings to pre-pandemic levels.

April 2020 vs April 2019

  • -20.21% Decrease in homes sold (1,907 homes vs 2,390 homes)
  • 4.90% Increase in average sale price ($233,430 vs $222,251)
  • 3.26% Increase in median sale price ($190,000 vs $184,000)
  • -16.40% Decrease in gross sales volume ($445,150,327 vs $531,824,239)

January–April 2020 vs January–April 2019

  • -3.66% Increase in homes sold (6,845 homes vs 7,105 homes)
  • 6.40% Increase in average sale price ($226,209 vs $222,521)
  • 4.90% Increase in median sale price ($190,000 vs $184,000)
  • 2.51% Increase in gross sales volume ($1,548,402,985 vs $1,510,510,302)

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

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DAYTON

With the COVID-19 pandemic home sales decrease din April. However, the Dayton region did see an increase in average and median home sale prices – encouraging news for those thinking about selling their homes.

April 2020 vs April 2019

  • -22.24% Decrease in homes sold (1,372 homes vs 2,042 homes)
  • 6.27% Increase in average sale price ($187,564 vs $176,501)
  • 8.67% Increase in median sale price ($163,000 vs $150,000)
  • -17.36% Decrease in sales volume ($212,509,712 vs $257,162,074)

January–April 2020 vs January–April 2019

  • -.94% Decrease in homes sold (5,840 homes vs 6,336 homes)
  • 10.15% Increase in average sale price ($179,691 vs $163,127)
  • 11.44% Increase in median sale price ($154,900 vs $139,000)
  • 9.12% Increase in sales volume ($796,208,924 vs $729,666,487)

Statistics courtesy of Dayton Realtors April 2020 Home Sales Report

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NORTHERN KENTUCKY

Although home sales decreased for the month (due to COVID-19), average and median sale prices rose. This is encouraging news to people thinking of selling their homes.

April 2020 vs April 2019

  • -18.60% Decrease in homes sold (499 homes vs 613 homes)
  • 11.16% Increase in average sale price ($217,501 vs $195,672)
  • 12.39% Increase in median sale price ($ 195,000 vs $173,500)
  • -9.52% Decrease in sales volume ($108,533,417 vs $119,946,953)

January–April 2020 vs January–April 2019

  • -2.44% Decrease in homes sold (1,961 homes vs 2,010 homes)
  • 11.25% Increase in average sale price ($214,837 vs $193,115)
  • 9.85% Increase in median sale price ($184,000 vs $167,500)
  • 8.54% Increase in sales volume ($421,296,602 vs $388,162,982)

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

 

A Buyer’s Guide to Virtual Open Houses on SibcyCline.com 

Virtual open houses are not brand new in real estate – but during the current COVID-19 situation they have become very popular. With record low inventory and many homes selling before multiple buyers get a chance to peek inside, we suspect they are here to stay.

A virtual open house gives buyers access to many of the benefits of a physical open house without having to get off the couch on Sunday afternoon or manage the schedules of a busy household. No hand sanitizer or mask necessary, this type of tour is as close as you can come to an in-person open house. They are a perfect opportunity to get details on the special features of a home, context on the floor plan and information on the community in an interactive way with the listing agent.

At every Sibcy Cline Virtual Open House, you can interact with the agent via chat, but you don’t have to be on camera. In most cases agents will automatically turn off video for all participants, but in all cases you have the option to keep your camera off. You can expect to see photos or live/pre-recorded walk-throughs of the home or neighborhood, statistics for the area, and other relevant information regarding the property.

Sibcy Cline Virtual Open Houses are held live at a scheduled time, but many of our agents can provide a recording of their Virtual Open House if you were unable to attend at the scheduled time. Just ask!

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How To Attend a Sibcy Cline Virtual Open House
On sibcycline.com, click on the Open House button in the navigation bar and select an area of interest. All available Sibcy Cline virtual open houses will be highlighted by city/suburb. From there, select a listing of interest and you can look all of the photographs and details on that page. Click on “Virtual Open” (highlighted in gold). You will then complete a form to register for the event and receive an email with the event details like the time and date of the virtual open house, the platform it will be hosted on (most often Facebook or Zoom) along with the link and password to access (if applicable).

Of course, you can always schedule a personal home showing with your agent. (Real estate is deemed an essential business.)

Happy house hunting – online, virtually, and in person! 

February 2020 Home Sales Report for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana

花火8Take a look at our regional home sales report for February 2020. Home sales increased in all areas. Home values are still on the rise. See regional home-sale reports below.

During this concerning time of Coronavirus, please take advantage of Sibcy Cline’s weekly Virtual Open House Weekend tours on Facebook.

HighlightReel copy

Sibcy Cline is also promoting a #HighlightReel with our homes sellers’ favorite images of their homes on http://www.sibcycline.com. It’s an expressive way to see an interesting photo of home for sale right from your own home!

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

CINCINNATI / SOUTHEASTERN INDIANA

Average home prices increased for the 11th straight month. February home sales were the second best on  record since 2006.

February 2020 vs February 2019

  • 6.65% Increase in homes sold (1,571 homes vs 1,473 homes)
  • .24% Increase in average sale price ($216,378 vs $215,861)
  • .06% Increase in median sale price ($176,600 vs $176,500)
  • 6.91% Increase in gross sales volume ($339,929,751 vs $317,963,445)

January–February 2020 vs January–February 2019

  • 7.58% Increase in homes sold (2,925 homes vs 2,719 homes)
  • 4.03% Increase in average sale price ($217,846 vs $209,399)
  • 3.88% Increase in median sale price ($176,500 vs $169,900)
  • 11.92% Increase in gross sales volume ($637,198,842 vs $569,355,886)

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

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DAYTON

In February, the Dayton area saw a gain in home sales as well as average and median sale prices.

February 2020 vs February 2019

  • 9.51% Increase in homes sold (1,002 homes vs 915 homes)
  • 9.22% Increase in average sale price ($175,085 vs $160,308)
  • 8.15% Increase in median sale price ($149,250 vs $138,000)
  • 19.60% Increase in sales volume ($175,434,750 vs $146,682,119)

January–February 2020 vs January–February 2019

  • 7.07% Increase in homes sold (2,794 homes vs 2,581 homes)
  • 12.81% Increase in average sale price ($172,389 vs $152,819)
  • 11.58% Increase in median sale price ($145,000 vs $129,950)
  • 20.78% Increase in sales volume ($334,089,446 vs $276,601,986)

Statistics courtesy of Dayton Realtors February 2020 Home Sales Report

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NORTHERN KENTUCKY

Home sales increased by over six percent in February. Average and median sale prices also increased.

February 2020 vs February 2019

  • 6.47% Increase in homes sold (461 homes vs 433 homes)
  • 8.99% Increase in average sale price ($207,561 vs $190,449)
  • 6.13% Increase in median sale price ($173,000 vs $163,000)
  • 16.03% Increase in sales volume ($95,686,062 vs $82,464,652)

January–February 2020 vs January–February 2019

  • 9.80% Increase in homes sold (874 homes vs 796 homes)
  • 8.15% Increase in average sale price ($207,250 vs $191,637)
  • 7.58% Increase in median sale price ($175,000 vs $162,665)
  • 18.74% Increase in sales volume ($181,136,828 vs $152,543,137)

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

 

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Buying a Home? How To Overlook Minor Blemishes

Young woman painting wall at homeWhen searching for a home to buy, keep your eyes open for possibilities when touring. If a home meets your price and location needs, it may require just a few modifications to suit your taste. Here are some tips about overlooking minor flaws and blemishes:

Old Homes
“Old” does not mean “bad”. Homes built many years ago have withstood the test of time. Many are well constructed with quality materials. Newer homes may offer more modern conveniences, but might lack that charm and character that an  older home offers.

Paint Colors 
Repainting a room is one of the most economic and easiest changes to be made to a home. Instead of focusing on the colors of a room, pay attention instead to a room’s structure.

Wallpaper
If you do not care for the wallpaper selection in a home, remember this can be fixed by removing, covering over or replacing it.

Kitchen Appliances
Do not discount a home just because the kitchen’s appliances are older. A kitchen appliance such as a refrigerator can be replaced as long as the item fits your budget. You many need to live with the old appliance for a while and save up for a newer one.

Dated Decor
The decor in the home may not be to your taste, but you like the floor plan.  The home’s furniture will be gone when you move in and you can decorate rooms to your taste and style. So, forget about the flowery curtains or that funky chair.

Carpeting
There are many different types of flooring available at all price points. If you cannot afford to replace carpeting with hardwood floors, then a laminate that looks like hardwood may be the answer. Keep this in mind when you are touring a home with ugly green carpeting.

Popcorn Ceiling
A ceiling specialist can be hired to scrape off the popcorn look from the ceiling. It is best done before you move in as it is a messy job.

No Curb Appeal
Perhaps the home just needs bushes trimmed, flowers planted or the front door painted. A lack of curb appeal might need just a little TLC from you!

Need help fixing up a home? Contact Sibcy Cline Home Services.Sibcy Cline Home Services. They can recommend experienced and vetted home-related vendors and services.

January Home Sales Report: Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana

January Home Sales Report 2020Take a look at our regional home sales report for January 2020. The year began with home sales increasing for all areas. Home values are still on the rise and there remains 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 January 2020:

CINCINNATI / SOUTHEASTERN INDIANA

Home sales started the year strong for Cincinnati and Southeastern Indiana.

January 2020 vs January 2019

  • 8.03% Increase in homes sold (1,346 homes vs 1,246 homes)
  • 8.79% Increase in average sale price ($219,497 vs $201,760)
  • 10.31% Increase in median sale price ($176,500 vs $160,000)
  • 17.52% Increase in gross sales volume ($295,442,403 vs $251,392,441)

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

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DAYTON

In January, the Dayton area saw a gain in home sales as well as average and median sale prices.

January 2020 vs January 2019

  • 5.22% Increase in homes sold (1,363 homes vs 1,238 homes)
  • 16.96% Increase in average sale price ($169,769 vs $145,146)
  • 16.90% Increase in median sale price ($142,750 vs $122,111)
  • 23.06% Increase in sales volume ($157,545,696 vs $128,018,659)

Statistics courtesy of Dayton Realtors January 2020 Home Sales Report

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NORTHERN KENTUCKY

Home sales increased in January as well as average and median sale prices.

January 2020 vs January 2019

  • 11.02% Increase in homes sold (403 homes vs 363 homes)
  • 6.69% Increase in average sale price ($205,973 vs $193,053)
  • 10.90% Increase in median sale price ($178,000 vs $160,500)
  • 18.45% Increase in sales volume ($83,007,389 vs $70,078,485)

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

 

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December Home Sales Report – Strong Sales in Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana

December home salesTake a look at our regional home sales report for December 2019. The year ended with home sales increasing for all areas. Home values are still on the rise and there remains 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 December 2019:

Cincinnati / Southeastern Indiana

Home sales had a huge uptick for December for Cincinnati and Southeastern Indiana.

December 2019 vs December 2018

  • 11.44% Increase in homes sold (1,861 homes vs 1,670 homes)
  • 8.78% Increase in average sale price ($227,948 vs $209,545)
  • 10.40% Increase in median sale price ($181,000 vs $163,950)
  • 21.22% Increase in gross sales volume ($424,211,260 vs $349,939,755)

January–December 2019 vs January–December 2018

  • .43% Increase in homes sold (25,751 homes vs 25,641 homes)
  • 5.64% Increase in average sale price ($226,143 vs $214,065)
  • 6.36% Increase in median sale price ($184,000 vs $173,000)
  • 6.10% Increase in gross sales volume ($5,823,396,579 vs $5,488,849,495)

Statistics courtesy of Cincinnati Area Board of Realtors December 2019 Home Sales Report

Dayton

In December, the Dayton area saw large gain in home sales as well as average and median sale prices.

December 2019 vs December 2018

  • 25.46% Increase in homes sold (1,291 homes vs 1,029 homes)
  • 4.81% Increase in average sale price ($173,816 vs $165,838)
  • 3.14% Increase in median sale price ($144,400 vs $140,000)
  • 31.50% Increase in sales volume ($224,396,006 vs $170,647,178)

January–December 2019 vs January–December 2018

  • 2.21% Increase in homes sold (16,625 homes vs 16,266 homes)
  • 6.95% Increase in average sale price ($177,087 vs $165,586)
  • 7.04% Increase in median sale price ($152,000 vs $142,000)
  • 9.31% Increase in sales volume ($2,944,065,136 vs $2,693,417,846)

Statistics courtesy of Dayton Realtors December 2019 Home Sales Report

Northern Kentucky

Home sales increased in December as well as average and median sale price.

December 2019 vs December 2018

  • 4.21% Increase in homes sold (544 homes vs 522 homes)
  • 13.36% Increase in average sale price ($214,077 vs $188,853)
  • 17.28% Increase in median sale price ($190,000 vs $162,000)
  • 18.13% Increase in sales volume ($116,458,353 vs $98,581,607)

January–December 2019 vs January–December 2018

  • -.99% Decrease in homes sold (7,266 homes vs 7,339 homes)
  • 7.12% Increase in average sale price ($207,568 vs $193,763)
  • 7.19% Increase in median sale price ($179,000 vs $167,000)
  • 6.06% Increase in sales volume ($1,508,194,485 vs $1,422,029,073)

Statistics courtesy of Northern Kentucky Association of Realtors December 2019 Home Sales Report

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Is Fall the Season Good for Home Buyers? Yes, It Is!

House AutumnSome buyers may be a bit frustrated they didn’t find the perfect home this summer thanks to the intense competition for homes, but they shouldn’t be discouraged. As some shoppers leave the real estate market, the odds that those who remain will find a home increases. Working with a real estate professional will help you find the home of your dreams with greater ease.

More Time
The fall season has an additional benefit since usually real estate agents will have less on their plates and have more time to work with their buyers. Home shoppers can ask more questions, get more insight and generally get a better feel for the real estate sales process from their agents. Keeping open lines with these industry pros can give hesitant buyers the peace of mind and encouragement they need to pursue  that home sale.

How To Get That Home?
Just like the summer market, it’s vital buyers make sure they’re ready to make an offer as soon as they find a home they like. While the market is generally less busy during the fall season, today’s conditions mean shoppers can still expect busy open houses and multiple bids. Having the ability to spring into action as soon as possible remains vital to finding a home before winter arrives.

Looks for homes for sale here.

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Sibcy Cline Open House Weekend – November 2 and 3, 2019

Sibcy Cline Open HouseSibcy Cline agents are hosting a Sibcy Cline Open House Weekend on November 2 and 3, 2019. There will be lots of great homes to see throughout Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana.

Look at homes for sale.

Mortgage interest rates remain low. Home values are rising. Now may be the right time for you to sell your old home and find a new one to meet your needs. Talk to your Sibcy Cline agent!