Local Home Sales Report: October 2020 – a Strong Sales Month!

October 2020 Home Sales Report

Home sales increased for all regions in October. In Greater Cincinnati, the area had the most home sales of any October on record. In Northern Kentucky, sales rose by almost 19% and in Dayton they increased by 14%.

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 October 2020:

CINCINNATI / SOUTHEASTERN INDIANA

October 2020 vs  October 2019

  • 13.14% Increase in homes sold (2,558 homes vs 2,261 homes)
  • 15.96% Increase in average sale price ($257,109 vs $221,720)
  • 18.99% Increase in median sale price ($213,000 vs $179,000)
  • 31.19% Increase in gross sales volume ($657,684,046 vs $501,309,010)

January–October 2020 vs January–October 2019

  • .78% Increase in homes sold (22,155 homes vs 21,984 homes)
  • 9.07% Increase in average sale price ($246,490 vs $225,997)
  • 11.41% Increase in median sale price ($205,000 vs $184,000)
  • 9.92% Increase in gross sales volume ($5,460,996,226 vs $4,968,319,668)

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

DAYTON

October 2020 vs October 2019

  • 14.26% Increase in homes sold (1,651 homes vs 1,445 homes)
  • 15.47% Increase in average sale price ($206,007 vs $178,412)
  • 19.93% Increase in median sale price ($179,900 vs $150,000)
  • 31.93% Increase in gross sales volume ($340,117,884 vs $257,805,736)

January–October 2020 vs January–October 2019

  • 2.14% Increase in homes sold (14,349 homes vs 14,048 homes)
  • 10.92% Increase in average sale price ($196,415 vs $177,081)
  • 11.12% Increase in median sale price ($169,900 vs $152,900)
  • 13.29% Increase in sales volume ($2,818,351,913 vs $2,487,636,851)

Statistics courtesy of Dayton Realtors October 2020 Home Sales Report

NORTHERN KENTUCKY

October 2020 vs October 2019

  • 18.91% Increase in homes sold (761 homes vs 640 homes)
  • 9.90% Increase in average sale price ($235,200 vs $214,016)
  • 13.57% Increase in median sale price ($210,000 vs $184,900)
  • 30.68% Increase in sales volume ($178,987,272 vs $136,970,453)

January–October 2020 vs January–October 2019

  • 3.32% Increase in homes sold (6,403 homes vs 6,196 homes)
  • 9.58% Increase in average sale price ($226,957 vs $207,112)
  • 12.36% Increase in median sale price ($200,000 vs $178,000)
  • 13.22% Increase in sales volume ($1,453,208,585 vs $1,283,474,621)

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

Look for homes for sale here.

Robin S. Sheakley: Women Who Mean Business, Cincinnati Magazine’s 300 Most Powerful Business Leaders and Deloitte’s Cincinnati 100

Robin Sibcy Sheakley Sibcy Cline Realtors

Robin S. Sheakley, President of Sibcy Cline Realtors®, has had a very busy year in 2020 with the promotion of new company initiatives as well as dealing with the Pandemic that began mid-March. Her quick response, motivating guidance, and willingness to adopt creative solutions to Pandemic challenges have given agents and employees a strong trust in her leadership abilities. With a strong year and record-high home sales, Robin has secured the company a spot among companies that are thriving during difficult economic times. 

This fall, others in the region have begun to take notice. Robin received three business honors in recognition of her abilities and hard work: 

Cincinnati Magazine’s 300 Most Powerful Business Leaders
This annual list showcases top, local business leaders. Robin was recognized as the fourth generation to lead the family-owned business at Sibcy Cline. She was one of 36 real estate professionals honored and one of only five women in that category.

Deloitte Cincinnati 100
Honors are bestowed annually to private, local businesses that portray leadership in making Cincinnati a great place to live and work. Robin was one of four women to make this list for 2020. This is the 24th year that Sibcy Cline has been part of this list.

Women Who Mean Business
The 12 honorees for this top-professional list from the Cincinnati Business Courier were recognized for professional achievements. Robin was cited for her tenure with the company along with her leadership in rolling out new relationship management programs as well as making a swift change during the start of the Pandemic in March to a digital and virtual work environment.  

8 Homes for Sale Now with Fabulous Fireplaces

Cozying up to the hearth this winter is just one reason to buy these beauties now.

Is a fireplace on your list of “must haves” in a new home? If so, you are in luck this fall! There are homes for sale now from Sibcy Cline that make it easy to imagine yourself curled up and ready for a long winter’s nap.

Riverside Warmth in Terrace Park, OH

This home for sale now at 307 Wanoka Woods Terrace in Terrace Park is listed by Shelley Miller Reed with Amy Roe of Sibcy Cline.

There is no better place for a fire than next to the water, and this home for sale in Terrace Park, OH on the Little Miami has it. You can go for a walk down to the river and then come home to the comfort of your home and start up the fire to get your frosty toes toasty again.

This home is the perfect place to “self-isolate among the treetops,” according to Cincinnati Magazine, and we couldn’t agree more.

Winter Wonderland in Liberty Township, OH

8318 Poppy Lane in Liberty Township, OH is listed by Tom Letzler of Sibcy Cline.

The pops of bright color next the white background of this hearth in Liberty Township, OH could put even the Grinch in the holiday spirit. Everything about this room makes you want to start decking the halls for the season of merry, when the days are dark but our hearts burn bright.

You’ll not only have the physical warmth of the fire, but that priceless heart-warming joy of settling into a home that feels just right.

A Homey Haven in Union, KY

This Union, KY home at 2416 Royal Castle Way is listed by the McMahan Team of Sibcy Cline.

With two roomy acres to roam in Union, KY, this home for sale now provides the perfect place to gather in and relax next to the fire. You can sink deep into the sofa for a nap or sit by the fire to read your book.

Take off your shoes, wrap up in a soft throw, and forget the rest of the world. There just isn’t anything that can go wrong here in this room.

Sofas for Days in Guilford, IN

21563 Fox Rd. in Guilford, IN is listed by Team Hamilton of Sibcy Cline.

Have you ever dreamed of lounging on the world’s longest sofa next to a warm fire? This home for sale in Guilford, IN may just be your dream home. The best part? There is not just one, but two of the longest sofas we’ve ever seen to rest your weary bones after a long day.

If enough space for two very long comfortable sofas isn’t enough to convince that you should buy this home today, then make sure to notice the stunning architecture of the wood and stone hearth. That, together with the porthole windows on either side, creates an aesthetic that will elevate your everyday to something truly extraordinary.

Condo Comfort in Mariemont, OH

This second-floor condo is available at 3818 Miami Rd. in Mariemont, OH and is listed by Patti Sibcy and Elaine Greiwe with Sibcy Cline.

If you’re looking for a home for sale that’s more compact than a sprawling estate and a better fit for your active urban lifestyle, but still ranks high on the homey scale, you can find it at 3818 Miami Rd. in Mariemont, OH. There’s no shortage of comfy or cozy in this home! Here, condo living steers clear of lacking character and warms things up with an inviting hearth.

The bonus here is that homey doesn’t feel cramped. The large windows and high ceilings give the space an airy feel that will save you from feeling like the walls are closing in this winter. No cabin fever in this expansive space!

A Spacious Respite in Hamilton Township, OH

This listing at 7470 Stillwater Dr. in Hamilton Township is listed by Julie K. Back of Sibcy Cline.

Ready to cast your worries aside and sink into deep relax mode in front of a roaring fire? Look no further than 7470 Stillwater Dr. in Hamilton Township, OH. And, in a world that requires social distancing, you’ll have space in this room to invite some companions.

In this home for sale there is a generosity of space to spread out and plenty of windows to take in the beauty of nature while enjoying the much-needed company of others.

Cozy Comfort in Wyoming, OH

This home at 35 B Vale Ave in Wyoming is listed by Steven Wolber of Sibcy Cline.

There are some houses for sale that just exude the feeling of “home”. As soon as you walk in, you want to kick off your shoes and get comfortable. 35 B Vale Ave in Wyoming, OH is one of those houses.

The brick and tile on this hearth go a long way in creating that kind of inviting space we all love. The earthy tones warm up all the surrounding white without sacrificing the open, airy quality of the room. With the window view to the trees in the backyard, you have all the elements for this being your favorite space in the house.

Snuggle Up in Deerfield Township, OH

This home at 8756 South Shore Place in Deerfield Township is listed by Meghan Homan-Welage of Sibcy Cline.

There just isn’t anything that makes a fireplace more fabulous than a stone hearth. In this home for sale at 8756 South Shore Place in Deerfield Township, OH, you get a rock solid invitation to take a Sunday snooze and warm the chill out of your bones.

If you’re looking for a home for sale to make your own, you won’t find many with a hearth worth staring into during all the long hours of a lazy winter day. Bring your own blankets and find your way home to this relaxing fireside.

Love looking at beautiful spaces in homes for sale now? Check out our recent features with beauteous bathrooms and heavenly backyards!

8 Homes for Sale Now with Beauteous Bathrooms

You’ll never want to leave the tub in these spa-like bathroom retreats.

There are two rooms that really sell a house: the kitchen and the master bath. And when it comes to the homes for sale now, there are plenty of impressive master bathrooms to entice buyers to make their move. We rounded up a few of our favorites listed on the market now by Sibcy Cline agents.

The Royal Treatment in Hamilton Township

This home is located at 7470 Stillwater Dr. in Hamilton Twp. and is listed by Julie K. Back of Sibcy Cline.

Why feel like a queen for one day when there is a home for sale now that can make you a queen every day? Every time you escape to your powder room you’ll cross the threshold to your own space that takes pampering to an entirely new level.

Whatever stress the world throws at you is no competition for the reviving power of this master bathroom. If you make 7470 Stillwater in fast-growing Hamilton Township your new home, you will have bought yourself a ticket to unlimited rejuvenation.

Light-filled Luxury in Guilford, Indiana

This home is located at 21563 Fox Rd. in Guilford, IN and is listed by Sibcy Cline agents Team Hamilton.

If there is one quality that really makes a master bath shine, it’s plenty of light. This home for sale now in Southeast Indiana really makes use of outdoor light sources as well as well-placed fixtures.

Another quality that gives this master bathroom at 21563 Fox Rd. its luminescent and sparkling clean appearance is the use of white everywhere: on walls, cabinets, tile, rugs. If you want to feel like you have died and gone to heaven, you might want to consider buying this home for sale now where you can transcend the world while you relax in your soaking tub.

Modern Rustic in Mt. Lookout

This historic Mt. Lookout home at 1233 Grace Ave. is listed by Sibcy Cline agent Alison Mahoney with Tim Mahoney II.

A bathroom doesn’t have to ALL white to make it feel like a retreat. This home for sale now in Mt. Lookout successfully combines both white and natural tile to give it a welcoming spa-vibe.

The balance of earth tones and white gives this master bath a soothing feel that makes you want to bring your sea salt body scrub and move in permanently. And who wouldn’t want the low maintenance and durability of a completely tiled bathroom? This is a room that can handle a lot of water, wear and tear. If you are a home buyer looking at homes for sale now, 1233 Grace Ave. definitely has potential to be a “forever home.”

Exotic Shapes and Unique Textures in Liberty Township

This home at 6316 Stonehenge Blvd.in Liberty Township is listed by Sibcy Cline agent Lori Hall Pollard.

Perhaps shapes and textures aren’t the first things that are on your mind when you check out master bathrooms in homes for sale, but somewhere in your mind your aesthetic sense is taking note. If you get a chance to tour this home for sale in Liberty Township, you won’t be able to resist how soothing and homey it feels to be surrounded by so much texture and shape.

Pair the exotic, organic feel with a window view of a tree-filled yard, and you have a recipe for relaxation. If you are looking for a home for sale now with large amount of “ah-factor”, you’ve found it here at 6316 Stonehenge.

Farmhouse Chic at Shawnee Lake in New Jasper, Ohio

This Shawnee Lake home at 4156 Shawnee Lake Trail is listed by Sibcy Cline agent Mary Rife.

Sliding barn doors and a generous amount of white paired with a furniture-style vanity and a wood-textured tile bring this New Jasper home-for-sale up to a trendy, modern-farmhouse vibe.

Throw in an abundance of super-soft white towels and you’ll definitely see buyers fighting to be the lucky owner who gets to make this space their permanent place to prep for the day. If you love farmhouse style, don’t delay checking out 4156 Shawnee Lake Trail.

A Spa-like Retreat in Hebron, KY

This home is located at 2208 Lumberjack in Hebron, KY and is listed by the Brosey Group of Sibcy Cline.

Take note when you are touring homes for sale now: the best master baths look like your favorite hotel spas. This one at 2208 Lumberjack is no exception – it has all the elements to bring optimal relaxation.

This is the kind of master bathroom that will make you want to leave the party early so you can get home and get straight to chilling out in the tub. Just 13 minutes from CVG airport and a short drive to the Ohio river, this Hebron, KY home could be your new retreat.

Space to Spread Out in Deerfield Township

This home is located at 8756 South Shore Place in Deerfield Twp. and is listed by Meghan Homan-Welage of Sibcy Cline.

If you are looking for a home for sale now in Deerfield Township that has all the space you need to pamper and prep, look no further than 8756 South Shore Place. This bathroom has plenty of surface space for all your getting-ready necessities, plus cabinets, shelves, and drawers to keep everything tidy and tucked away.

In spite of having more than enough space to accommodate all of your needs, this bathroom is not lacking in warmth and coziness. The texture and variation of the tile in the space helps to create interest while tying the space together so it doesn’t feel institutional. You’ll feel right at home while stretched out in the large soaking tub.

Refined Simplicity in Mason

This home is located at 2826 Ivy Farm Ct and is listed by Sibcy Cline agent Jean Raga.

The last thing you need when you’re trying to chill down is too much going on around you, which is why 2826 Ivy Farm Court is the place you want to be to take a long exhale and let go of the day.

The simplicity of the master bathroom in this home for sale now is the only thing you need in your new space to bring serenity to your life this year. Here is the place for you to go to cleanse all the negativity from your life, so hurry out to Mason, Ohio and look at this home for sale now. You’ll be on your way to bright new future in this beauteous bathroom.

Ready to see some more fabulous homes for sale now? Look at these 7 heavenly backyards that could be yours!

7 Homes for Sale Now with Heavenly Backyards

These to-die-for Cincinnati area homes take outdoor living to a whole new level.

Whether you’re a voyeur or a buyer, there is no shortage of “wow factor” with the luxury homes for sale now in the Southwest Ohio region. When it comes to backyards, these local homes have it all–no exotic location necessary.

Into the Wild in Mason

If you are a fan of organic spaces, you will especially love this backyard pool at 6646 Ross Lane, one of the homes for sale now by The Cameron Group in Mason, Ohio. Rocks, trees, a waterfall…it has all the elements of being out in the wild. Except, it’s not.

The Cameron Group with Sibcy Cline is seeking a discerning luxury buyer for 6646 Ross Lane in Mason, Ohio.

There’s nothing quite like enjoying the wilderness of your own backyard. But here you can be close to your kitchen, bathroom, and bedroom (none of which disappoint in this house). You can pretend like you’re on your own island, minus the stranded and deserted parts.

You won’t have problems finding friends to join you in this magical place once you make it your home. Mason, Ohio is a friendly suburban community close to Cincinnati with many wonderful down-to-earth people.

With a backyard like this one, 6646 Ross Lane in Mason could be your permanent happy place. Bonus: nearby Adesso Coffee will have your caffeine fix covered with gourmet lattes.

Rain or Shine on the River in Anderson Township

If you’re looking for homes for sale now, you might notice that the ones with pools are hot tickets. In fact, pools are on the list of “must-haves” for luxury home buyers, especially in 2020 when most of the world is re-discovering the art of staying home.

And when you have to stay home, you might as well enjoy some pool time along with fantastic river views at the same time, right? We think so!

Contact Sibcy Cline agent Debbie Tully to hear more about 322 Bishopsbridge Drive in Anderson Township.

This Anderson Township home delivers on both the pool and the river views. Check. And check. All you need to do is move in and get straight to relaxing.

Among the other homes for sale right now, this home stands out for having a large amount of covered porch space, so rainy days are, well, covered. You can work, learn, lounge, and enjoy an evening cocktail in whatever weather Ohio decides to serve up at the moment.

A Mid-Century Dream in Terrace Park

If you like the idea of your own estate farm, but prefer a house with a more modern look than your typical farmhouse, take a look at Sibcy Cline agent Steve Early’s listing at 742 Indian Hill Rd. in Terrace Park. This owner has taken the farm out of the house and updated to a sleek Mid-century decor with a sophisticated vibe on the back deck that will make your city friends feel right at home for outdoor parties.

Steve Early with Sibcy Cline is the listing agent on this property at 742 Indian Hill Rd. in Terrace Park.

No need to worry about being too far out in the country, your friends won’t have a long drive home from Terrace Park. Driving time to downtown is approximately 20 minutes with I-275 just 10 minutes away, giving easy access to all the major highways.

Of course, you’ll have plenty of room for guests to stay at 742 Indian Hill Rd. and all the amenities to entertain such as a pool, game room/theatre, a barn, and 4 acres to roam!

A Light-filled Country Estate in Anderson Township

Like a more classic vibe to your country estate dream home? 580 Chaswil Dr. in Anderson Township may be one of the homes for sale now that strikes your fancy. Much care has been taken in updating this 32-year-old estate to give it the modern touches that will allow you to move in and start enjoying the home right away, including the inviting outdoor spaces.

Julie K. Back with Sibcy Cline is the listing agent for this property at 580 Chaswil Dr. in Anderson Township.

Imagine the summers in your own outdoor oasis in this Anderson Township home, conveniently located close to Cincinnati. It’s one of the Sibcy Cline homes for sale now that includes a pool, a must-have these days when we are all keeping close to home more often. One bonus in this home is the meticulously kept gardens. You’ll feel like you’re walking the English countryside right here in Southwest Ohio.

Sweeping Views in Indian Hill

Speaking of English countrysides, this home for sale now at 6250- Redbird Hollow Ln. in Indian Hill provides a view that rivals any we’ve seen near or far.

This view from 6250 Redbird Hollow Ln. is available through Maureen Pippin and Jessica Jones of Sibcy Cline.

And you have plenty of room on this expansive brick patio to fit all your family, friends, food, and cocktails for an evening of watching the sun set over Cincinnati.

This home for sale at 6250 Redbird Ln. is available through Maureen Pippin and Jessica Jones of Sibcy Cline.

Originally a farming community that evolved into a rural weekend destination for city-dwellers, the Village of Indian Hill is now a short 5-minute drive from Kenwood Towne Centre, a bustling shopping destination in the area. This home for sale now offers both a retreat lifestyle along with the local amenities of shops and restaurants so you can have the best of both worlds at 6250 Redbird Hollow Ln.

Three-Season Living in Montgomery

If you are the type that likes the fresh air, but can do without the bugs, wind, sun, and rain, this back porch screen room at 7445 Stonemeadow Ln. is perfect for your tastes.

Celia Carroll with Angel Munafo Apking will be hosting an open house this Sunday, Oct. 4 at this Sibcy Cline listing on 7445 Stonemeadow Ln. in Montgomery.

Much like this charming porch, the city of Montgomery where this listing is located still retains much of the country charm of its bygone days. The popular cluster of shops and businesses is just a few short minutes from your comfortable seat relaxing here with your book and coffee.

High on the Hillside in Indian Hill

Maybe instead of cozy back porches you prefer to have a birds-eye view of the land. Look no further than this balcony above Indian Hill at 7735 Rock Hill Ln. This listing perches you well above the tree tops for an unrivaled view.

Kim Vincent with Sibcy Cline is the listing agent for this property at 7735 Rock Hill Ln. in Indian Hill.

With its location on a hillside, this home offers a variety of landscaping features, including both an upper balcony and a lower patio. The lower porch features a wading porch for you to relax and enjoy the view.

Kim Vincent with Sibcy Cline is the listing agent for this property at 7735 Rock Hill Ln. in Indian Hill.

Check out more photos of this listing’s interesting features as well as many more local homes for sale at sibcycline.com.

These homes not your style? See more luxury listings from Sibcy Cline on Luxury Portfolio International.

Local Home Sales Report for August 2020

August Home Sales Report Sibcy Cline Realtors

Home sales increased for most local regions in August. For the 17th consecutive month, the average home price rose over the prior year for the Cincinnati region. The dollar volume for the month increased by 22%. In the Dayton area, August also saw gains for home sales with increases in the number of homes sold (7%) as well as average and median price increases. In Northern Kentucky, the average home price increased by over 8%.

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

CINCINNATI / SOUTHEASTERN INDIANA

August 2020 vs  August 2019

  • +7.19% Increase in homes sold (2,742 homes vs 2,558 homes)
  • 14.30% Increase in average sale price ($258,269 vs $225,955)
  • 17.94% Increase in median sale price ($222,250 vs $188,450)
  • 22.52% Increase in gross sales volume ($708,172,943 vs $577,992,493)

January–August 2020 vs January–August 2019

  • -3.51% Decrease in homes sold (16,973 homes vs 17,590 homes)
  • 7.51% Increase in average sale price ($243.541 vs $226,521)
  • 8.92% Increase in median sale price ($201,500 vs $185,000)
  • 3.74% Increase in gross sales volume ($4,133,629,273 vs $3,984,505,664)

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

DAYTON

August 2020 vs August 2019

  • 7.02% Increase in homes sold (1,707 homes vs 1,595 homes)
  • 14.27% Increase in average sale price ($203,934 vs $178,464)
  • 12.90% Increase in median sale price ($175,000 vs $155,000)
  • 22.30% Increase in sales volume ($348,114,929 vs $284,650,861)

January–August 2020 vs January–August 2019

  • -1.57 Decrease in homes sold (10,925 homes vs 11,099 homes)
  • 9.17% Increase in average sale price ($192,743 vs $176,554)
  • 8.88% Increase in median sale price ($165,500 vs $152,000)
  • 7.46% Increase in sales volume ($2,105,719,680 vs $1,959,571,932)

Statistics courtesy of Dayton Realtors August 2020 Home Sales Report

NORTHERN KENTUCKY

August 2020 vs August 2019

  • -.94% Decrease in homes sold (736 homes vs 743 homes)
  • 8.76% Increase in average sale price ($242,470 vs $222,931)
  • 22.19% Increase in median sale price ($223,000 vs $182,500)
  • 7.74% Increase in sales volume ($178,458,290 vs $165,637,773)

January–August 2020 vs January–August 2019

  • -2.08% Decrease in homes sold (4,841 homes vs 4,944 homes)
  • 8.89% Increase in average sale price ($224,437 vs $206,122)
  • 12.21% Increase in median sale price ($198,142 vs $176,575)
  • 6.26% Increase in sales volume ($1,086,503,417 vs $1,019,070,835)

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

Look for homes for sale here.

Selling Your Home? Read This First!

If you are planning on selling your home, you may have questions about the process. Here are seven tips to read before putting your home on the market:

1. Do I really need to improve my home before selling it? 
You need to consult with your real estate agent to see what improvements makes sense to sell your home at the highest price. Remember, you only get one chance to make a positive first impression when your home goes on the market to sell. If your home is in need of updates, you could have a hard time to get the interest of the buyer. An unmaintained home sometimes indicates it needs lots of work and repair.

Some home improvements just take some time and a small budget. Painting, caulking and cleaning are great (and economic) ways to make your home shine. If your carpet is old and worn, you may also want to replace it. One thing to remember is that home improvements do not  necessarily equate to a higher price, but should result in more showings and stronger offers.

2. I think I will price high and see what happens. 
Everyone’s goal is to obtain the highest price for their home. (Your agent wants that for you, too!) However, pricing your home way over its current market value is a strategy that does not always work. It can result in fewer showings and no offers and you may be perceived to be an unrealistic home seller. (Those potential home buyers who do tour your home will give feedback that it is overpriced or will have lower offers.) Remember, the most attention given to a home is when it first hits the market. Price it correctly and bring in the offers.

3. My home is worth what?
Over-improving a home can backfire when it is time to sell. For example, if your custom kitchen has finishes to meet your specific taste (with special colors or tile for example), it may not appeal to buyers who will want to replace what you have done. An in-ground spa may be a great feature for you to enjoy, but the buyer might not find value with it. Everyone has different priorities with their home. Bottom line – the market will never pay dollar for dollar for improvements to your home, especially taste-specific projects. 

4. Everyone who sees my home wants to buy it!
Oh, if that were the case! You never know what buyers’ needs are. People have different things that are important to them. Their “need to have” list versus a “nice to have” list may not sync with your home. Do not take it personally if your home’s floor plan or features do not meet their requirements. Also, you need to realize, some buyers are just out looking and are not serious about buying. They may be in the beginning stages of looking for a home and not willing to commit.

5. I had an inspection and now I have to make even more repairs?
A home inspection gives the buyer an idea of the condition of your home. Following this inspection, you may be asked about making repairs depending upon what is on the list. At that point, you can either make those repairs or re-negotiate. If the buyer walks away, your home will go back on the market and you will need to deal with that stigma. Another buyer will then have his  own inspection and you will need to address repair issues once more. (Helpful hint: We suggest paying for a pre-inspection before your home goes on the market. The inspector will review: electrical, plumbing, heating and cooling systems; windows, ceilings, walls, doors and floors; attic, visible insulation and roof; and the foundation, structural elements and basement.)

6. I think I want to include a carpet allowance instead of replacing it. 
You cannot give a buyer an allowance as part of closing on your home. It is better to reduce the purchase price or simply replace the carpet yourself.

7. Do I really need to stage my home?
A staged home presents its best features making it very appealing to buyers. At a minimum, your home needs to have a deep cleanse, decluttering and organization. From there, your agent can guide you as to whether it needs more staging to be market ready to sell. If your home is empty, keep in mind that professionally staged properties for sale tend to sell more quickly. 

 

Local Home Sales Report for June 2020

花火8Very 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

Sibcy Cline Realtors Makes the Business Courier’s Top Private Companies List for 2020


The Business Courier published its annual Greater Cincinnati’s Largest Private Companies list and Sibcy Cline was part of this ranking at #113 on the list. It was the only residential real estate company featured in these rankings.

Robin S. Sheakley, President of Sibcy Cline, was quoted in this issue of the Courier when asked about inspiring others in troubled times: “We are in the housing business and therefore, our professional life is everyone else’s personal life. Providing a sense of security has influenced every decision we make. While real estate was deemed an essential service at the onset of the Covid-19 stay-at-home orders, we quickly responded by March 17. While we had the technology in place to ensure business continuity, we needed to provide access, training and resources to ensure each agent and employee was equipped to leverage them. Safety, creativity and productivity continue to be our priorities. On April 2, we hosted a virtual continuing education class dedicated to fair housing, having no idea how salient and timely it would become. Sharing stories and supporting one another is as essential as providing the platform(s) with which to do it. We could not and cannot communicate enough to empower people during times of uncertainty.”

This 2020 list of the top 150 companies combined had sales of $50.6 billion and a workforce of 164,000 people.

Seven Signs Why You Should Sell Your Home Right Now

With a shortage of homes for sale and bidding wars happening on many listed properties, now could be the perfect time to sell. Is the time right for you? Here are seven signs of why you should sell your home:

  1. You’ve outgrown your home. If there are not enough bedrooms or living spaces inside your current home for you and your belongings, now is a good time to think about “buying up” to a larger home.
  2. Where you live is “booming”. Do you live in one of those “hot” neighborhoods where houses are selling quickly and for a high price? This could be your sign to take advantage of the current market.
  3. You are tired to maintaining your current home. If mowing the lawn, gardening, painting and other chores are no longer fun to do, consider selling now and moving to a less maintenance-intensive type of home that better fits your lifestyle.
  4. You have equity in your home. During the housing crash of 2007, equity fell for most homes – but for many homeowners it is now back – and your home could be worth more than you owe on it. Do you know your home’s value in today’s market? You may be surprised and this could be the big sign to sell. Selling while you have high equity is a great way for you to buy that next dream home.
  5. Life changes. Life’s markers can affect housing needs. Perhaps you need a smaller home now or want to move to be closer to family. Changes in family dynamics and work commutes are a few  more reasons that may be pointing you in the direction of selling your old home and getting a new one.
  6. Low mortgage rates. Mortgage interest rates are at historic lows. When you sell your current home, you will be able to afford even more home with these rates. Take advantage of this market.
  7. You are emotionally ready to move on. Moving is not an easy thing to do. Let the guilt of staying in your old home go. Once you have made your mind up to sell, stay the course. Remember, in many areas, homes are selling quickly – that means less people touring your home, less open houses to host and a fast closing. That sold sign in your yard will be your “sign” to move onward.

Ready to sell? Contact your favorite Sibcy Cline agent