May 2018 Home Sales Report for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana

May 2018 Home Sales Report

Average home sale and median sale prices increased during May in Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana. Sales units decreased from May 2017 due to a lack of homes on the market for sale. Many homes are selling quickly due to the limited inventory. Here is our report for the month:

Cincinnati
May 2018 recorded the third-most home sales for the month since 2005.

May 2018 vs May 2017

  • -4.32% Decrease in homes sold (2,594 homes vs 2,711 homes)
  • 9.77% Increase in average sale price ($291,293 vs $199,770)
  • 12.44% Increase in median sale price ($179,900 vs $160,000)
  • 5.04% Increase in gross sales volume ($568,846,781 vs $541,576,482)

January – May 2018 vs January – May 2017

  • -1.62% Decrease in homes sold (9,745 homes vs 9,905 homes)
  • 6.81% Increase in average sale price ($207,321 vs $168,500)
  • 8.71% Increase in median sale price ($168,500 vs $155,000)
  • 5.08% Increase in gross sales volume ($2,020,338,680 vs $1,922,607,886)

Statistics courtesy of Cincinnati Area Board of Realtors May 2018 Home Sales Report

Dayton
Average sale price, median sale price and sales volume increased in May in the Dayton region.

May 2018 vs May 2017

  • -1.91% Decrease in homes sold (1,595 homes vs 1,626 homes)
  • 8.62% Increase in average sale price ($171,061 vs $157,488)
  • 8.25% Increase in median sale price ($145,000 vs $133,950)
  • 6.55% Increase in sales volume ($272,842,039 vs $256,075,029)

January – May 2018 vs January – May 2017

  • 1.06% Increase in homes sold (6,087 homes vs 6,023 homes)
  • 5.20% Increase in average sale price ($158,571 vs $150,735)
  • 4.65% Increase in median sale price ($135,000 vs $129,000)
  • 6.32% Increase in sales volume ($965,223,185 vs $907,874,053)

Statistics courtesy of Dayton Area Board of Realtors May 2018 Home Sales Report

Northern Kentucky
Throughout May, sales units, average sale price, median sale price and sales volume increased in Northern Kentucky.

May 2018 vs May 2017

  • -17.06% Decrease in homes sold (632 homes vs 762 homes)
  • 8.15% Increase in average sale price ($197,809 vs $182,902)
  • 8.41% Increase in median sale price ($170,200 vs $157,000)
  • -10.30% Decrease in sales volume ($125,015,377 vs $139,371,517)

January – May 2018 vs January – May 2017

  • -6.04% Decrease in homes sold (2,660 homes vs 2,831 homes)
  • 8.58% Increase in average sale price ($188,305 vs $173,268)
  • 9.27% Increase in median sale price ($165,000 vs $151,000)
  • 2.11% Increase in sales volume ($500,893,138 vs $490,522,534

Statistics courtesy of Northern Kentucky Association of Realtors May 2018 Home Sales Report

Southeastern Indiana
Indiana had an increase in average sale and median sale prices in May.

May 2018 vs May 2017

  • -23.5% Decrease in homes sold (101 homes vs 132 homes)
  • 8.5% Increase in average sale price ($175,134 vs $161,340)
  • 12.8% Increase in median sale price ($149,900 vs $135,000)
  • -16.9% Decrease in sales volume ($17,688,500 vs $21,296,838)

January – May 2018 vs January – May 2017

  • -0.2% Decrease in homes sold (455 homes vs 456 homes)
  • 5.7% Increase in average sale price ($228,833 vs $191,988)
  • 11.0% Increase in median sale price ($149,900 vs $135,000)
  • 5.4% Increase in sales volume ($72,306,310 vs $68,570,499)

Statistics courtesy of Rick McMillin – Southeastern Indiana Board of Realtors MLS Homes Sold Report dated June 20 2018.

Look at homes for sale.

April 2018 Home Sales Report for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana

Amphitheater Stubbs Memorial Park Centerville OH

Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana all had increases in home sales during April. Many homes are selling quickly due to a lack of enough homes for sale on the market. Limited inventory of homes has led to rising home prices. Here is our report for the month:

Cincinnati
The average sale price set a record in April 2018 for the 22nd consecutive month. 

April 2018 vs April 2017

  • 4.0% Increase in homes sold (2,210 homes vs 2,125 homes)
  • 4.83% Increase in average sale price ($214,972 vs $205,089)
  • 7.36% Increase in median sale price ($175,000 vs $163,000)
  • 9.01% Increase in gross sales volume ($475,087,148 vs $435,815,185)

January – April 2018 vs January – April 2017

  • -.72% Decrease in homes sold (7,142 homes vs 7,204 homes)
  • 5.69% Increase in average sale price ($202,893 vs $191,970)
  • 7.29% Increase in median sale price ($164,150 vs $153,000)
  • 4.93% Increase in gross sales volume ($1,449,060,590 vs $1,381,031,404)

Statistics courtesy of Cincinnati Area Board of Realtors April 2018 Home Sales Report

Dayton
Sales volume increased over 10% in Dayton in April!

April 2018 vs April 2017

  • 7.52% Increase in homes sold (1,415 homes vs 1,316 homes)
  • 2.67% Increase in average sale price ($161,363 vs $157,161)
  • 7.68% Increase in median sale price ($139,985 vs $130,000)
  • 10.40% Increase in sales volume ($228,328,419 vs $206,823,500)

January – April 2018 vs January – April 2017

  • 2.50% Increase in homes sold (4,473 homes vs 4,364 homes)
  • 3.90% Increase in average sale price ($154,096 vs $148,309)
  • 3.45% Increase in median sale price ($132,000 vs $127,600)
  • 6.50% Increase in sales volume ($689,272,372 vs $647,220,075)

Statistics courtesy of Dayton Area Board of Realtors April 2018 Home Sales Report

Northern Kentucky
Home sales were strong in Northern Kentucky in April: sales units, average sale price, median sale price and sales volume increased.

April 2018 vs April 2017

  • 3.31% Increase in homes sold (625 homes vs 605 homes)
  • 9.22% Increase in average sale price ($191,854 vs $175,664)
  • 7.74% Increase in median sale price ($167,000 vs $155,000)
  • 12.83% Decrease in sales volume ($119,908,785 vs $106,277,275)

January – April 2018 vs January – April 2017

  • -2.42% Decrease in homes sold (2,019 homes vs 2,069 homes)
  • 9.37% Increase in average sale price ($185,622 vs $169,720)
  • 9.16% Increase in median sale price ($163,200 vs $149,500)
  • 9.61% Increase in sales volume ($384,882,161 vs $351,151,017)

Statistics courtesy of Northern Kentucky Association of Realtors April 2018 Home Sales Report

Southeastern Indiana
Indiana had an increase in the number of homes sold, sales volume as well as median sale price in April.

April 2018 vs April 2017

  • 15.4% Increase in homes sold (105 homes vs 91 homes)
  • -26.2% Increase in average sale price ($162,052 vs $128,371)
  • 20.0% Increase in median sale price ($150,000 vs $125,000)
  • 45.7% Increase in sales volume ($17,015,485 vs $11,683,753)

January – April 2018 vs January – April 2017

  • 6.6% Increase in homes sold (354 homes vs 332 homes)
  • 9.7% Increase in average sale price ($159,609 vs $145,549)
  • 3.8% Increase in median sale price ($138,750 vs $133,700)
  • 13.0% Increase in sales volume ($54,617,810 vs $48,322,161)

Statistics courtesy of Rick McMillin – Southeastern Indiana Board of Realtors MLS Homes Sold Report dated May 1, 2018.

Look at homes for sale.

May 19-20, 2018 – Sibcy Cline Super Open House Weekend!

Sibcy Cline Super Open House WeekendThe weekend of May 19-20, 2018 is going to be a great one for home buyers: it’s a Sibcy Cline Super Open House Weekend. Look for may Sibcy Cline listed properties to be held open for preview. Mark your calendar now!

Look at homes for sale throughout Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana.

March 2018 Local Home Sales Report for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana

花火8Home sales were strong for the month even though they did not meet March 2017 numbers. Home values are still rising and mortgage interest rates remain low. Here are the sales statistics for March 2018 for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana:

Cincinnati
March 2018 had the second highest number of home sales units in 12 years.

March 2018 vs March 2017

  • -4.88% Decrease in homes sold (2,085 homes vs 2,192 homes)
  • 6.26% Increase in average sale price ($205,881 vs $193,749)
  • 7.96% Increase in median sale price ($169,500 vs $157,000)
  • 1.07% Increase in gross sales volume ($429,262,349 vs $424,698,015)

January – March 2018 vs January – March 2017

  • -3.06% Decrease in homes sold (4,914 homes vs 5,069 homes)
  • 5.87% Increase in average sale price ($197,423 vs $186,470)
  • 6.32% Increase in median sale price ($158,950 vs $149,500)
  • 2.64% Increase in gross sales volume ($970,136,643 vs $945,216,219)

Statistics courtesy of Cincinnati Area Board of Realtors March 2018 Home Sales Report

Dayton
In the Dayton market area, the number homes sold, average sale price, median sale price and sales volume all increased for the January through March  2018 time period.

March 2018 vs March 2017

  • -1.0% Decrease in homes sold (1,288 homes vs 1,301 homes)
  • 1.21% Increase in average sale price ($151,537 vs $149,720)
  • 0.0% Increase in median sale price ($130,000 vs $130,000)
  • .20% Increase in sales volume ($195,179,397 vs $1194,785,740)

January – March 2018 vs January– March 2017

  • .73% Increase in homes sold (3,042 homes vs 3,020 homes)
  • 3.92% Increase in average sale price ($150,378 vs $144,701)
  • 1.16% Increase in median sale price ($128,300 vs $126,825)
  • 4.68% Increase in sales volume ($457,449,647 vs $436,996,761)

Statistics courtesy of Dayton Area Board of Realtors March 2018 Home Sales Report

Northern Kentucky
In Northern Kentucky, average sale prices rose by over nine percent during March.

March 2018 vs March 2017

  • -14.31% Decrease in homes sold (557 homes vs 650 homes)
  • 9.21% Increase in average sale price ($192,009 vs $175,819)
  • 10.07% Increase in median sale price ($165,000 vs $149,900)
  • -6.42% Decrease in sales volume ($106,949,323 vs $114,282,381)

January – March 2018 vs January – March 2017

  • -5.74% Decrease in homes sold (1,380 homes vs 1,464 homes)
  • 9.42% Increase in average sale price ($183,013 vs $167,263)
  • 11.07% Increase in median sale price ($160,000 vs $144,050)
  • 3.14% Increase in sales volume ($252,558,461 vs $244,873,742)

Statistics courtesy of Northern Kentucky Association of Realtors March 2018 Home Sales Report

Southeastern Indiana
Year-to-date, Indiana has had an increase in the number of homes sold, average sale price and sales volume.

March 2018 vs March 2017

  • -11.6% Decrease in homes sold (99 homes vs 112 homes)
  • -11.3% Decrease in average sale price ($250,913 vs $170,104)
  • -12.9% Decrease in median sale price ($130,000 vs $149,200)
  • -21.6% Decrease in sales volume ($14,940,356 vs $19,051,698)

January – March 2018 vs January – March 2017

  • 3.3% Increase in homes sold (249 homes vs 241 homes)
  • -2.8% Decrease in average sale price ($151,013 vs $152,035)
  • -2.6% Decrease in median sale price ($132,500 vs $136,000)
  • 2.6% Increase in sales volume ($37,602,325 vs $36,640,408)

Statistics courtesy of Rick McMillin – Southeastern Indiana Board of Realtors MLS Homes Sold Report dated April 23, 2018.

Cincinnati’s Housing Opportunities Made Equal Celebrates 50 Years with a Celebration Banquet

SCAttendees_Best.jpgCincinnati’s Housing Opportunities Made Equal organization celebrated the 50th anniversary of the fair housing movement with a celebration banquet at the Renaissance Hotel on April 19, 2018.

The evening included speakers and video from past and present H.O.M.E. board members and supporters. Jeniece Jones, Executive Director, shared her excitement for the 50th anniversary and strides made by H.O.M.E. Deb Jetter, H.O.M.E.’s Director of Education (and long-time fair-housing instructor for Sibcy Cline), also shared thoughts about her 40-year career with the organization. It was a memorable evening that reinforced the importance of  the nation’s fair-housing laws.

Sibcy Cline attendees to this event included: Marc Cameron (H.O.M.E. board member), Helena Cameron, Carrie-McIntosh Owens, Denise Taylor, Jeff Rosa, Jennifer Shinn, Amy Goodman, Sandy Butler and Susan Knabe.

Sandy_DeniseVenueProgram2

February 2018 Local Home Sales Report for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana

花火8During the month of February, home sales stayed stayed strong in most of the local market areas. Here are the sales statistics for February 2018 for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana:

Cincinnati
Average sales price set a record for the 20th consecutive month in February.

February 2018 vs February 2017

  • 3.87% Increase in homes sold (1,478 homes vs 1,423 homes)
  • 3.92% Increase in average sale price ($186,947 vs $180,860)
  • 11.51% Increase in median sale price ($155,000 vs $139,000)
  • 7.94% Increase in gross sales volume ($277,786,246 vs $257,363,179)

January – February 2018 vs January – February 2017

  • -2.12% Decrease in homes sold (2,816 homes vs 2,877 homes)
  • 5.26% Increase in average sale price ($190,449 vs $180,924)
  • 8.45% Increase in median sale price ($154,000 vs $142,000)
  • 3.03% Increase in gross sales volume ($536,303,874 vs $520,518,204)

Statistics courtesy of Cincinnati Area Board of Realtors February 2018 Home Sales Report

Dayton
In the Dayton market area, the number homes sold, average sale price, median sale price and sales volume all increased for  February 2018.

February 2018 vs February 2017

  • 3.16% Increase in homes sold (882 homes vs 855 homes)
  • 8.06% Increase in average sale price ($153,923 vs $142,443)
  • 2.69% Increase in median sale price ($129,900 vs $126,500)
  • 11.47% Increase in sales volume ($135,760,485 vs $121,789,011)

January – February 2018 vs January – February 2017

  • 1.58% Increase in homes sold (1,732 homes vs 1,705 homes)
  • 6.06% Increase in average sale price ($149,753 vs $141,201)
  • 1.98% Increase in median sale price ($126,450 vs $124,000)
  • 7.74% Increase in sales volume ($259,371,850 vs $240,748,221)

Statistics courtesy of Dayton Area Board of Realtors Febuary 2018 Home Sales Report

Northern Kentucky
In Northern Kentucky, February 2018 average sale prices rose by seven percent.

February 2018 vs February 2017

  • -4.03% Decrease in homes sold (405 homes vs 422 homes)
  • 7.07% Increase in average sale price ($180,017 vs $168,431)
  • 8.97% Increase in median sale price ($158,000 vs $145,000)
  • 2.75% Increase in sales volume ($72,906,895 vs $70,952,875)

January – February 2018 vs January – February 2017

  • -.37% Decrease in homes sold (811 homes vs 814 homes)
  • 10.15% Increase in average sale price ($176,722 vs $160,431)
  • 13.65% Increase in median sale price ($159,000 vs $139,900)
  • 9.75% Increase in sales volume ($143,321,857 vs $130,591,361)

Statistics courtesy of Northern Kentucky Association of Realtors February 2018 Home Sales Report

Southeastern Indiana
Year-to-date, Indiana has had an increase in the number of homes sold, average sale price, median sale price and sales volume.

February 2018 vs February 2017

  • -8.0% Decrease in homes sold (69 homes vs 75 homes)
  • -1.6% Decrease in average sale price ($137,340 vs $139,633)
  • -3.7% Decrease in median sale price ($129,000 vs $133,900)
  • -9.5% Decrease in sales volume ($9,476,450 vs $10,472,510)

January – February 2018 vs January – February 2017

  • 16.3% Increase in homes sold (150 homes vs 129 homes)
  • 20.5% Increase in average sale price ($156,000 vs $136,347)
  • 9.5% Increase in median sale price ($178,750 vs $160,000)
  • 28.8% Increase in sales volume ($22,661,969 vs $17,588,710)

Statistics courtesy of Rick McMillin – Southeastern Indiana Board of Realtors MLS Homes Sold Report dated March 21, 2018

Sibcy Cline Super Open House Weekend – March 17-18, 2018

FBAd_1200_628_March2018_Super.jpgSibcy Cline agents are holding a Sibcy Cline Super Open House Weekend on March 17-18, 2018. There will be lots of great homes to see throughout Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana.

Look at homes for sale.

It’s a great time to sell and buy a home! 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.