Home Sales Increase by Seven Percent in Dayton for February 2017!

Dayton_Dusk_River.jpgThe Dayton, Ohio region had a 6.74% increase in home sales during February. A mild winter and low mortgage interest rates have lured home buyers to look and purchase homes. Here are the statistics for the region:

February 2017 vs February 2016

  • 66.74% Increase in home sales (855 homes vs 801 homes)
  • 24.44% Increase in sales volume ($121,789,011 vs $97,954,341)
  • 17.13% Increase in median sale price ($126,500 vs $108,000)
  • 15.03% Increase in average sale price ($142,443 vs $124,836)

January-February 2017 vs January-February 2016

  • 3.77% Increase in home sales (1,705 homes vs 1,643 homes)
  • 18.95% Increase in sales volume ($240,748,221 vs $202,397,531)
  • 17.54% Increase in median sale price ($124,000 vs $105,500)
  • 13.51% Increase in average sale price ($141,201 vs $124,399)

Mortgage interest are still low. Many homes on the market are selling quickly. Is it time to sell your home? Look at homes for sale.

Statistics courtesy of: Dayton Association of Realtors Home Sales Report, February 2017

 

 

Homes are Selling in Northern Kentucky with a Thirteen Percent Increase for February 2017!

NKY_River_Barge.jpgWith a mild winter, home buyers have been out looking and buying homes in Northern Kentucky. The region had a 12.54% increase in home sales for February 2017 as compared to February 2016.  Here are the statistics:

February 2017 vs February 2016

  • 12.54% Increase in homes sold (395 homes vs 351 homes)
  • 12.13% Increase in average sale price ($170,004 vs $151,613)
  • 15.95% Increase in median sale price ($149,000 vs $128,500)
  • 26.19% Increase in sales volume ($67,151,879 vs $53,216,272)

January – February 2017 vs January – February 2016

  • 18.09% Increase in homes sold (777 homes vs 658 homes)
  • 1.96% Increase in average sale price ($161,914 vs $158,797)
  • 5.15% Increase in median sale price ($142,000 vs $135,050)
  • 20.40% Increase in sales volume ($125,807,779 vs $104,488,510)

Although mortgage interest rates have risen, they are still low. With a low inventory of homes for sale, many homes for sale are selling quickly.  Perhaps it is time for your to sell your home!

Look at homes for sale.

Statistics courtesy of: Northern Kentucky Association of Realtors Home Sales Report, February 2017

 

Cincinnati Sets a Record for Average Sale Price in February 2017

Map of Cincinnati OhioWith strong home sales, the Cincinnati, Ohio region set a February record for its average home sale price at $180,372. Here are the statistics:

February 2017 vs February 2016

  • 12.14% Increase in average sale price ($180,372 vs $160,839)
  • 6.33% Increase in median sale price ($138,500 vs $130,250)
  • -3.73 Decrease in home sales (1,407 homes vs 1,462 homes)
  • 7.93% Increase in sales volume ($254,783,557 vs $235,147,121)

January – February 2017 vs January – February 2016

  • 10.53% Increase in average sale price ($180,626 vs $163,415)
  • 10.04% Increase in median sale price ($141,950 vs $129,000)
  • .32 Increase in home sales (2,858 homes vs 2,849 homes)
  • 10.88% Increase in sales volume ($516,227,932 vs $465,569,061)

Although mortgage interest rates have increased, they are still low. There is still a shortage of available homes for sale and many homes for sale are selling quickly.

Look at homes for sale.

Statistics courtesy of: Cincinnati Area Board of Realtors Home Sales Report, February 2017

 

Sibcy Cline Super Open House Weekend is March 11 and 12, 2017!

ManFlying_March112_2017.jpg
Sibcy Cline agents are planning on a company-wide Super Open House Weekend on March 11 and 12, 2017. Plan on personally seeing some great homes for sale throughout Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana.

Find open house information on Sibcy Cline’s website.

Hand_DoorHandle.jpgBuyer Tips on Attending Open House 
If you are driving by an open house or see a home of interest online, an open house gives you a chance to see the home in person without making an appointment. Here are some tips to follow:

  • Do I Need to Knock?
    You can enter the home without knocking or ringing the door bell (unless there is a note that says to do so.) It is courteous to first say hello to the real estate agent before touring. If that agent is busy talking to other people, feel free to start touring.
  • Registration Form
    Most agents will have an open house registration form for you to sign. This helps the agent know who has been to the home so an accurate report can be made to the home seller.
  • What Can I Look At?
    The home is yours to tour and you are permitted to open closets unless there is a note indicating otherwise. You do not have permission to look through personal belongings of the home seller. Therefore, the medicine cabinet is considered off limits. If a door is closed, it is best to check with the real estate agent before opening it.
  • Etiquette
    If there are others touring the home, be courteous by not entering a room until the other party leaves.
  • I Am Already Working with an Agent
    When you sign the registration, be sure to add your agent’s name. That way, the listing agent will follow up with your agent and not you.
  • Take a Flyer
    Usually the real estate agent will provide a flyer or a brochure that has more information about the home. You can use this piece to make your own notes.

Home Sales are up in Dayton, Ohio for January

MiamiRiver_DowntownSkyline.jpgHome sales rose in January in Dayton, Ohio with a 1.71% increase. This was a record-breaking number of homes sold for the month of January.

January 2017 vs January 2016

  • 1.71% Increase in home sales (834 homes vs 820 homes)
  • 14.40% Increase in sales volume ($116,920,836 vs $102,203,600)
  • 14.52% Increase in median sale price ($119,900 vs $104,700)
  • 12.21% Increase in average sale price ($140,193 vs $124,943)

Are You Thinking of Selling Your Home?
Now may the right time for you to sell your home and purchase another. Home values are rising and mortgage interest rates remain low. Look at homes for sale here.

Statistics courtesy of: Dayton Area Board of Realtors Home Sales Report, January 2017

 

Home Sales Set a Best-Ever January Record in Cincinnati

Cincinnati SkylineCincinnati experienced a record-breaking January in home sales with 1,447 homes sold! The mild winter and still-low interest rates have kept up a sales momentum in the area.

January 2017 vs January 2016

  • 4.33% Increase in home sales (1,447 homes vs 1,387 homes)
  • 13.46$ Increase in sales volume ($261,445,410 vs $230,421,940)
  • 8.76% Increase in average sale price ($180,681 vs $166,130)
  • 12.60% Increase in median sale price ($143,000 vs $127,000)

Thinking about Buying or Selling a Home?
Mortgage interest rates remain low. Home values are rising. With the low inventory of homes available for sale, now may be the right time to sell your home and purchase another one.

Look at homes for sale here.

Statistics courtesy of: Cincinnati Area Board of Realtors Home Sales Report, January 2017

Twenty-Three Percent Increase in Home Sales for Northern Kentucky in January

ViewYellowBridge_Dusk2.jpgJanuary 2017 was a strong month for home sales in Northern Kentucky. Sales rose 23% as compared to January 2016. Homes are selling an average of 60 days on market.

January 2017 vs January 2016

  • 22.13% Increase in home sales (378 homes vs 307 homes)
  • -8.37% Decrease in average sale price ($153,033 vs $167,010)
  • -6.55% Decrease in median sale price ($135,500 vs $145,000)
  • 12.82% Increase in sales volume ($57,846,481 vs $51,272,238)

Great Time To Sell and Buy a Home
It is a great time to sell your current home and purchase another home. Home values are rising, mortgage interest rates are still low. With the low inventory of homes on the market, homes in good condition and priced correctly are selling briskly.

Look at homes for sale here.

Statistics courtesy of: Northern Kentucky Association of Realtors, Home Sales Report, January 2017