June 2022 Local Home Sales Report: Cincinnati; N Kentucky; SE Indiana; Dayton and Springfield, Ohio

Sibcy Cline June 2022 Home Sales Report

Inventory of homes for sale remains low. It may be a great time for you to sell now and take advantage high home values. Here is a report by region of homes sales throughout June 2022:

CINCINNATI OHIO / SOUTHEASTERN INDIANA

June 2022 vs June 2021

-10.6% Decrease in homes sold (2,558 homes)
7.8% Increase in median sale price ($275,000)
-1.2% Decrease in sales volume ($849,693,877)
36.2% Increase in active homes for sale (2,146 units)
2.0% Increase in new listings (3,241 units)
Median days on market: 3

Year To Date 2022 vs Year To Date 2021

-3.4% Decrease in homes sold (12,369 homes vs 12,804 homes)
8.7% Increase in median sale price ($250,000 vs $230,000 )
5.5% Increase in sales volume ($3,737,924,593 vs $3,541,485,810)

Statistics courtesy of Cincinnati Area Board of Realtors June 2022 Home Sales Report


DAYTON AND SPRINGFIELD OHIO

June 2022 vs June 2021

-7.80% Decrease in homes sold (1,596 homes vs 1,731 homes)
8.56% Increase in average sale price ($256,349 vs $236,140)
7.68% Increase in median sale price ($220,745 vs $205,000)
.09% Increase in gross sales volume ($409,132,881 vs $408,759,125)

Year To Date 2022 vs Year To Date 2021
-2.05% Decrease in homes sold (7,801 homes vs 7,964 homes)
11.68% Increase in average sale price ($240,702 vs $215,531)
10.19% Increase in median sale price ($201,900 vs $183,225)
9.39% Increase in gross sales volume ($1,877,719,710 vs $1,716,486,488)

Statistics courtesy of Dayton Realtors June 2022 Home Sales Report


NORTHERN KENTUCKY

June 2022 vs June 2021

-10.86% Decrease in homes sold (665 homes vs 746 homes)
4.18% Increase in average sale price ($291,848 vs $280,143)
2.77% Increase in median sale price ($259,500 vs $252,500)
-7.13% Decrease in sales volume ($194,079,543 vs $208,986,930)

Year-To-Date 2022 vs Year-To-Date 2021

-8.65% Decrease in homes sold (3,381 homes vs 3,701 homes)
12.68% Increase in average sale price ($287,291 vs $254,967)
9.60% Increase in median sale price ($246,500 vs $224,900)
2.94% Increase in sales volume ($971,332,455 vs $943,636,508)

Statistics courtesy of N Kentucky Association of Realtors®

Look at local homes for sale.

Sibcy Cline Announces New Leadership Roles

At the heart of all great moves Sibcy Cline

There is exciting news happening at Sibcy Cline Realtors with new leadership roles.

Rob Streicher Sibcy Cline


Rob Streicher – New Senior Vice President of Branch Growth and Development
Rob Streicher has been named the Senior Vice President of Branch Growth and Development at Sibcy Cline. Says Robin Sibcy Sheakley, president of Sibcy Cline, “We are looking forward to learning and growing from Rob’s leadership and experience!”

Rob’s career with the company began in 2002 as a sales agent following 19 years in managing training and support departments at Cincinnati Milacron. His success in both re-sale homes and new construction led to his promotion to sales manager of the Lakota Beckett office in 2010. He later become manager of the West Chester location in 2013.

Rob’s passion for helping others is evident in the fact he was a real estate instructor for Hondros for many years. He has also led the “Exam Cram” class for the past 12 years, encouraging prospective real estate agents to pass state examinations.

Rob is looking forward to coaching Sibcy Cline agents and managers. He says, “I am a very positive person and love working with our agents, clients and managers. I am excited about this new position to share ideas and best practices! I know our company’s dynamics and cannot wait to help our agents and managers grow their business.”

Rob’s new position will replace that of Bob Mahoney, General Sales Manager, who retired from his current position and transitioned to sales on June 30, 2022. Rob says, “I cannot replace Bob. He has been an amazing manager throughout the decades and I have the upmost respect for his work. I do promise to work hard, be a good listener with great follow through and share good ideas.”

Jay Buten Sibcy Cline Mortgage Services


Jay Buten – New President of Sibcy Cline Mortgage Services
Jay became part of the Sibcy Cline team in June 2021 as Vice President. His background includes 30 years of mortgage and banking experience with Fifth Third Bank. Says Robin, “Jay has been an incredible addition to our leadership team. He has taken the lead to train and promote Sibcy Cline and its various buying and selling support options.” In his new role as President of Sibcy Cline Mortgage Services, he will guide the company’s loan officers to provide the best mortgage service and programs.

Says Jay, “I have spent virtually my entire career supporting talented professionals using modern techniques and traditional values. The mortgage industry is full of new programs and ways to help our clients buy and sell homes. I look forward to supporting and coaching to provide the possible best service.”

Jay is replacing Pat Kuether who is retiring on June 30, 2022. He says, “Pat has been the captain of the Sibcy Cline Mortgage ship for over 38 years. What a track record she has during that time! I am honored to follow in her footsteps!”







May 2022 Home Sales Report for Cincinnati; Dayton and Springfield, Ohio; Northern Kentucky and Southeastern Indiana

Inventory of homes for sale remains low. It may be a great time for you to sell now and take advantage high home values. Here is a report by region of homes sales throughout May 2022:

CINCINNATI OHIO / SOUTHEASTERN INDIANA

May 2022 vs May 2021

2.2% Increase in homes sold (2,453 homes)
11.6% Increase in median sale price ($265,000)
12.6% Increase in sales volume ($779,761,221)
28.5% Increase in active homes for sale (1,691units)
1.8% Increase in new listings (2,921 units)
Median days on market: 3

Year To Date 2022 vs Year To Date 2021

-1.6% Decrease in homes sold (9,781 homes vs 9,944 homes)
9.1% Increase in median sale price ($239,000 vs $219,000 )
7.4% Increase in sales volume ($2,878,946,682 vs $2,681,657,773)

Statistics courtesy of Cincinnati Area Board of Realtors May 2022 Home Sales Report


DAYTON AND SPRINGFIELD OHIO

May 2022 vs May 2021

4.13% Increase in homes sold (1,537 homes vs 1,476 homes)
15.46% Increase in average sale price ($262,888 vs $227,683)
12.82% Increase in median sale price ($220,000 vs $195,000)
20.23% Increase in gross sales volume ($404,059,279 vs $336,060,219)

Year To Date 2022 vs Year To Date 2021
-1.29% Decrease in homes sold (6,186 homes vs 6,204 homes)
12.61% Increase in average sale price ($236,530 vs $210,049)
11.21% Increase in median sale price ($197,950 vs $178,000)
12,28% Increase in gross sales volume ($1,463,177,303 vs $1,303,142,463)

Statistics courtesy of Dayton Realtors May 2022 Home Sales Report


NORTHERN KENTUCKY

May 2022 vs May 2021

-8.36% Decrease in homes sold (647 homes vs 706 homes)
12.37% Increase in average sale price ($296,883 vs $264,211)
11.96% Increase in median sale price ($257,500 vs $230,000)
2.9% Increase in sales volume ($192,083,532 vs $186,533,026)

Year-To-Date 2022 vs Year-To-Date 2021

-8.87% Decrease in homes sold (2,693 homes vs 2,955 homes)
15.32% Increase in average sale price ($286,709 vs $248,612)
11.95% Increase in median sale price ($243,500 vs $217,515)
5.10% Increase in sales volume ($772,108,012 vs $734,649,578)

Statistics courtesy of N Kentucky Association of Realtors®

Look at local homes for sale.

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

April 2022 home sales report

Inventory of homes for sale remains low. It may be a great time for you to sell now and take advantage high home values. Here is a report by region of homes sales throughout April 2022:

CINCINNATI OHIO / SOUTHEASTERN INDIANA

April 2022 vs April 2021

-3.7% Decrease in homes sold (2,183 homes)
4.8% Increase in median sale price ($246,300)
.4% Increase in sales volume ($646,152,278)
4.1% Increase in active homes for sale (1,451units)
-2.8 Decrease in new listings (2,818 units)
Median days on market: 2

Year To Date 2022 vs Year To Date 2021

-3.1% Decrease in homes sold (7,307 vs 7,544 homes)
9.1% Increase in median sale price ($239,000 vs $219,000 )
5.2% Increase in sales volume ($2,091,738,174 vs $1,988,974,839)

Statistics courtesy of Cincinnati Area Board of Realtors April 2022 Home Sales Report


DAYTON AND SPRINGFIELD OHIO

April 2022 vs April 2021

-3.32% Decrease in homes sold (1,312 units vs 1,357 units)
9.88% Increase in average sale price ($245,429 vs $223,363)
11.58% Increase in median sale price ($212,000 vs $190,000)
6.24% Increase in gross sales volume ($322,003,295 vs $303,103,444)

Year To Date 2022 vs Year To Date 2021
-1.62% Decrease in homes sold (4,627 units vs 4,703 units)
11.40% Increase in average sale price ($227,923 vs $204,602)
9.77% Increase in median sale price ($189,900 vs $173,000)
9.60% Increase in gross sales volume ($1,054,599,074 vs $962,244,219)

Statistics courtesy of Dayton Realtors April 2022 Home Sales Report


NORTHERN KENTUCKY

April 2022 vs April 2021

-11.09% Decrease in homes sold (537 homes vs 604 homes)
14.47% Increase in average sale price ($294,177 vs $256,983)
8.05% Increase in median sale price ($245,000 vs $226,750)
1.78% Increase in sales volume ($157,973,170 vs $155,217,992)

Year-To-Date 2022 vs Year-To-Date 2021

-9.87% Decrease in homes sold (2,027 homes vs 2,249 homes)
16.22% Increase in average sale price ($283,243 vs $243,715)
11.63% Increase in median sale price ($240,000 vs $2,157,000)
4.75% Increase in sales volume ($574,134,672 vs $548,116,552)

Statistics courtesy of N Kentucky Association of Realtors®

Look at local homes for sale.

CityBeat Readers Vote Sibcy Cline as Cincinnati’s Best for 2022!

Thank you CityBeat readers – you named Sibcy Cline as the Best in Real Estate for 2022 (again!) We appreciate you taking the time to vote for us and are thrilled to be honored.

Thousands of readers voted this year for their favorite local businesses and services. Look at all of the winners! Sibcy Cline is located under the shops and services category.

Read the digital version of the magazine.

Is Winter a Good Time to Sell Your Home?

Why sell your home during winter

The “summer buying season” got its name for a reason: it is by far the busiest time for real estate sales in the calendar year. However, this fact seems to have also created something of an unfair negative view of other times to both sell and buy properties. In fact, some experts say there are actual benefits to putting a property up for sale over the course of the winter.

Industry data suggests homes put up for sale in winter sell more quickly than those in the summer, according to several reports. This outcome is also true when it comes to buyers meeting sellers’ initial asking prices. And while these sales conditions may seem counterintuitive to some homeowners, it’s important to remember one thing: More people put their homes up for sale in the summer, so there’s more competition on both the buying and selling sides of the market.

Why winter is a great time for sellers
While most would-be sellers think it’s wise to put their properties up for sale in May or June, those who do so in January, February, and March are more likely to find a captive audience of hopeful buyers, the report said. Moreover, because there’s so much competition in the summer and even fall months, homes can sometimes stay on the market for a few extra months.

But those who decide to put their homes on the market in the winter months initially may find that while there are fewer buyers actively looking to make a purchase at that time of year, those who are in the market could be more motivated to get the  deal done. A smaller market doesn’t necessarily mean one that is less likely to be conducive to making deals, and there can be a significant benefit that comes from listing in winter for those looking to close quickly.

Beneficial for buyers as well
Meanwhile, because of all the people in the market in summer, bidding wars can get heated quickly, resulting in higher sales prices overall, according to new NerdWallet data. That might be good for many sellers, but buyers looking to find a bargain on a home will likely do better to wait out the competition and seek to purchase in fall and winter instead.

“If your circumstances give you the freedom to be able to choose the best time to look to sign a contract on a new home, there’s no question that the market dynamics favor you the most to do that in the dead of winter, ideally in January or February, right before the activity starts to heat up,” Jonathan Smoke, chief economist for Realtor.com, told the news source.

With all this in mind, sellers will have to weigh what is more important to them as part of their home sales goals: maximizing their sale prices or getting through the process as quickly as possible. Each objective has its own merits, so how those realities apply to individual owners may vary significantly. Working with a real estate professional can help owners make the decision that works best for them.

Look at homes for sale.

 

August 2021 Local Home Sales Report

August Local home stats report

Throughout August, average or median home sales increased in all local regions. Mortgage rates remain low. Home values are still high. With a low inventory of homes for sales, it’s a great time to list your home to sale and then purchase that dream home.

Here is a report by region of homes sales throughout August 2021:

CINCINNATI OHIO / SOUTHEASTERN INDIANA

August 2021 vs August 2020

  • -6.4% Decrease in homes sold (2,597 homes)
  • 9.9% Increase in median sale price ($245,000)
  • 5.5% Increase in sales volume ($756,395,174)
  • -4.1% Decrease in active homes for sale (2,361 units)
  • -4.8% Increase in new listings (3,097 units)

January–August 2021 vs January–August 2020

  • 5.6% Increase in homes sold (17,973 homes vs 17,026 homes )
  • 15.9% Increase in median sale price ($234,000 vs $201,900)
  • 22% Increase in sales volume ($5,061,797,117 vs $4,148,250,172)

Statistics courtesy of Cincinnati Area Board of Realtors® August 2021 Home Sales Report

DAYTON AND SPRINGFIELD OHIO

August 2021 vs August 2020

  • -5.74% Decrease in homes sold (2,040 units vs 1,877 units)
  • 10.13% Increase in average sale price ($224,602 vs $203,934)
  • 8.51% Increase in median sale price ($189,900 vs $175,000)
  • 3.81% Increase in gross sales volume ($361,384,114 vs $348,114,929)
  • 8.68% Increase in new listing units (2,040 vs 1,877)

    January – August 2021 vs January–August 2020
  • 3.74% Increase in unit homes sold (13,844 vs 13,360)
  • 13.19% Increase in average sale price ($218,169 vs $192,743)
  • 11.78% Increase in median sale price ($185,000 vs $165,000)
  • 17.43% Increase in gross sales volume ($2,472,725,989 vs $2,105,719,680)

Statistics courtesy of Dayton Realtors August 2021 Home Sales Report

NORTHERN KENTUCKY

August 2021 vs August 2020

  • -9.82% Decrease in homes sold (698 homes vs 774 homes)
  • 12.65% Increase in average sale price ($272,977 vs $242,321)
  • 8.54% Increase in median sale price ($239,872 vs $221,000)
  • 1.59% Increase in sales volume ($190,537,952 vs $187,557,124)

January – August 2021 vs January – August 2020

  • 2.50% Increase in homes sold (5,084 homes vs 4,960 homes)
  • 15.19% Increase in average sale price ($259,081 vs $224,910)
  • 14.07% Increase in median sale price ($227,000 vs $199,000)
  • 18.07% Increase in sales volume ($1,317,171,665 vs $1,115,556,895)

Statistics courtesy of Northern Kentucky Association of Realtors. August 2021 Home Sales Report

Look at homes for sale here.

Homes are Selling! Local Home Sales Report for June

Local home sales June 2021

Throughout June, home sales increased for most of the region when compared to June 2020. Overall for the year to date, homes sales are exceeding last year’s figures. 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 June 2021:

CINCINNATI OHIO / SOUTHEASTERN INDIANA

June 2021 vs June 2020

  • 2.5% Increase in homes sold (2,606 homes)
  • 18% Increase in median sale price ($253,500 vs $194,000)
  • 21.2% Increase in sales volume ($782,909,522)
  • -26% Decrease in active homes for sale (1,928 units)
  • 1.8% Increase in new listings (3,158 units)

January–June 2021 vs January–June 2020

  • 7.8% Increase in homes sold (12,295 homes vs 11,405)
  • 18.5% Increase in median sale price ($229,900 vs $194,000)
  • 26.7% Increase in sales volume ($3,392,446,173 vs $2,677,500,359)

Statistics courtesy of Cincinnati Area Board of Realtors® June 2021 Home Sales Report

DAYTON AND SPRINGFIELD OHIO

June 2021 vs June 2020

  • 6.59% Increase in homes sold (1,731 units vs 1,624 units)
  • 14.71% Increase in average sale price ($236,140 vs $205,851)
  • 14.85% Increase in median sale price ($205,000 vs $178,500)
  • 22.27% Increase in gross sales volume ($408,759,125 vs $334,301,525)
  • 17.02% Increase in new listing units (2,207 vs 1,886)

    January – June 2021 vs January–June 2020
  • 7.94% Increase in unit homes sold (7,964 vs 7,378)
  • 15.26% Increase in average sale price ($215,531 vs $187,003)
  • 13.95% Increase in median sale price ($183,225 vs $160,800)
  • 24.41% Increase in gross sales volume ($1,716,486,488 vs $1,379,708,002)

Statistics courtesy of Dayton Realtors June 2021 Home Sales Report

NORTHERN KENTUCKY

June 2021 vs June 2020

  • -5.51% Decrease in homes sold (720 homes vs 762 homes)
  • 21.84% Increase in average sale price ($281,751 vs $231,249)
  • 19.90% Increase in median sale price ($255,000 vs $212,670)
  • 15.12% Increase in sales volume ($202,861,070 vs $176,212,460)

January – June 2021 vs January – June 2020

  • 8.13% Increase in homes sold 3,632 homes vs 3,359 homes)
  • 16.68% Increase in average sale price ($255,520 vs $218,762)
  • 18.42% Increase in median sale price ($225,000 vs $190,000)
  • 26.16% Increase in sales volume ($927,070,603 vs $734,823,385)

Statistics courtesy of Northern Kentucky Association of Realtors® June 2021 Home Sales Report

Stephanie Sudbrack-Busam of Sibcy Cline – Tapped as President of the Cincinnati Area Board of Realtors

Stephanie Sudbrack-Busam Sibcy Cline Kenwood

Stephanie Sudbrack-Busam, Vice President/Sales Manager of Sibcy Cline’s Kenwood office was recently installed as president of the board of directors for the Cincinnati Area Board of Realtors® (CABR). For the first time at the CABR and for the state of Ohio, Stephanie leads this board as a third-generation family member (as well as the fourth Sudbrack family member).

About Stephanie and the Sudbrack Family
The Sudbrack family’s affiliation with real estate began with Stephanie’s grandfather, Chester. He served as president of the board in 1947. Her father, Chet, – who was president in 1966 – encouraged her to obtain her real estate license while she was in college. Serving as one of her mentors, Chet inspired Stephanie towards a successful career in real estate sales and management. Stephanie’s brother, Chip (aka Chester) Sudbrack served as president of CABR in 2000.

Throughout the years, Stephanie has served on numerous committees for the CABR. She has chaired MLS Operations, Budget and Finance, RPAC and Circle of Excellence committees. She has also served on committees for Budget and Finance, Realtor/Builder and Professional Standards. With such heavy involvement and experience at the board, she was more than ready to start serving her second term on the board of directors starting in 2017.

2021 Board President
As board president for 2021, Stephanie is looking forward to growing the organization and ensuring members conduct business cooperatively and professionally. With COVID-19 still on everyone’s mind, she says. “We are fortunate to be in a profession that has been such a needed service. People are looking at their homes differently now and we are there to help those who want to make a move! I hope my leadership on the board helps our membership to work effectively with their clients during these unprecedented times.” Stephanie is also looking forward to help shape the next generation of real estate pros in the Cincinnati region through her board involvement.










Anne Goss of Sibcy Cline Realtors Named Realtor of the Year by Dayton Realtors

Anne Goss Sibcy Cline Vandalia

Anne Goss, a Sales Vice President from the Sibcy Cline Vandalia office has been named Realtor of the Year by Dayton Realtors®. This honor recognizes an agent who has contributed their time with the board.

Anne has been part of the Dayton Realtors® since 1985. She is a 2013 graduate of the Dayton Realtors® Leadership Development Program. Her work with the board is extensive – she has chaired or participated on many committees including: Professional Standards, Grievance, Professional Development, Membership Services and Equal Opportunity.

On the state level, Anne has served as a director for Ohio Realtors® from 2017–2020. She has also participated with committees including: Communications, Professional Development, Business Technology Forum and YPN.

Anne’s commitment to the real estate profession has also included serving as president of the Ohio Women’s Council of Realtors® in 2018. She was honored with both the Dayton and Ohio Women’s Council of Realtors® of the Year award in 2020.

She was honored as part of the Top 25 Women To Watch (Better Business Bureau) Women in Business Networking in 2013.

Throughout the years, Anne has earned numerous real estate certifications, designations and sales honors. She has been part of Sibcy Cline’s Top Club sales club since 2013.

Says Anne, “It is an honor to receive this award from my fellow real estate professionals. I have always enjoyed working on the committees and helping make a difference at both the Dayton Realtors® and Ohio Realtors®. Getting to know the Realtors and affiliate partners in the real estate industry is a plus.”

The Sibcy Cline Vandalia office is thrilled for Anne. Says, Mike Pierson, Vice President/Sales Manager, “We are thrilled Anne received this honor. The entire office feels she is very worthy of it. She is a great person to work with. She works hard to make our profession the best it can be.”