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)

March – March 2018 vs March – 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.

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

January 2018 Home Sales Report for Cincinnati, Dayton, Northern Kentucky and Southeastern Indiana

花火8During the month of January, home sales stayed stayed strong and came either near to or exceeded sales from January of last year. (Southeastern Indiana experienced a large number of homes selling with a 50% increase.) Here are the home sales statistics for January 2018 for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana:

Cincinnati
Home sales are still strong in the region even though they were slightly under January 2017 numbers. The average home price was at $193,400 as compared to $180,987 in 2017.

January 2018 vs January 2017

  • -8.18% Decrease in homes sold (1,335  homes vs 1,454 homes)
  • 6.86% Increase in average sale price ($193,400 vs $180,987)
  • 6.94% Increase in median sale price ($154,000 vs $144,000)
  • -1.89% Decrease in gross sales volume ($258,189,628 vs $263,155,025)

Statistics courtesy of Cincinnati Area Board of Realtors January 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  January 2018.

January 2018 vs January 2017

  • .60% Increase in homes sold (839 homes vs 845 homes)
  • 3.94% Increase in average sale price ($145,720 vs $140,193)
  • 3.0% Increase in median sale price ($123,500 vs $119,900)
  • 4.57% Increase in sales volume ($122,259,366 vs $116,920,836

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

Northern Kentucky
In Northern Kentucky, January 2018 sales were ahead from January 2017. The average sale price also increased by 14% from $152,138 to $173,532.

January 2018 vs January 2017

  • 2.30% Increase in homes sold (401 homes vs 392 homes)
  • 14.06% Increase in average sale price ($173,532 vs $152,138)
  • 18.52% Increase in median sale price ($160,000 vs $135,000)
  • 16.68% Decrease in sales volume ($69,586,662 vs $59,638,486)

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

Southeastern Indiana
Indiana had a great month for home sales in January with a 50% increase in the number of properties sold and an 85% increase in sales volume.

January 2018 vs January 2017

  • 50% Increase in homes sold (81 homes vs 54 homes)
  • 23.5% Increase in average sale price ($162,784 vs $131,782)
  • 24.3% Increase in median sale price ($148,500 vs $119,500)
  • 85.3% Increase in sales volume ($13,185,519 vs $7,166,200)

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

December 2017 Home Sales Report for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana

HomeSales_Dec2017.jpgMany homes are still selling quickly due to low inventories of homes for sale. Mortgage interest rates remain low. Here are the sales statistics for December 2017 for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana:

Cincinnati
2017 home sales in the Cincinnati market were the third highest ever, The average sale price set a record for the 18th consecutive month.

December 2017 vs December 2016

  • -5.10% Decrease in homes sold (1,843  homes vs 1,942 homes)
  • 4.06% Increase in average sale price ($198,356 vs $190,625)
  • 3,54% Increase in median sale price ($155,000 vs $149,700)
  • -1.25% Decrease in gross sales volume ($365,570,748 vs $370,193,954)

January –December 2017 vs January –December 2016

  • -.60 % Decrease in homes sold (25,984 homes vs 26,142)
  • 5.90% Increase in average sale price ($202,169 vs $190,908)
  • 6.65% Increase in median sale price ($162,000 vs $151,900)
  • 5.26% Increase in sales volume ($5,253,152,330 vs $4,990,705,016)

Statistics courtesy of Cincinnati Area Board of Realtors December 2017 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 2017.

December 2017 vs December 2016

  • 1.50% Increase in homes sold (1,219 homes vs 1,201 homes)
  • 2.65% Increase in average sale price ($152,965 vs $149,014)
  • 5.59% Increase in median sale price ($134,000 vs $126,900)
  • 4.19% Increase in sales volume ($186,464,350 vs $178,966,344)

January –December 2017 vs January –December 2016

  • 1.18% Increase in homes sold (15,036 homes vs 14,861)
  • 5.73% Increase in average sale price ($155,822 vs $147,380)
  • 5.93% Increase in median sale price ($134,000 vs $126,500)
  • 6.97% Increase in sales volume ($2,342,944,306 vs $2,190,213,703)

Statistics courtesy of Dayton Area Board of Realtors December 2017 Home Sales Report

Northern Kentucky
For 2017 home sales and prices were the highest ever in Northern Kentucky!

December 2017 vs December 2016

  • -14.18% Decrease in homes sold (484 homes vs 564 homes)
  • 6.65% Increase in average sale price ($180,504 vs $169,244)
  • 8.95% Increase in median sale price ($158,250 vs $145,250)
  • -8.47% Decrease in sales volume ($87,364,224 vs $95,453,623)

January –December 2017 vs January –December 2016

  • .88% Increase in homes sold (7,136 homes vs 7,704)
  • 3.72% Increase in average sale price ($180,669 vs $174,188)
  • 4.88% Increase in median sale price ($157,320 vs $150,000)
  • 4.63% Increase in sales volume ($1,289,259,157 vs $1,232,210,182)

Statistics courtesy of Northern Kentucky Association of Realtors December 2017 Home Sales Report

Southeastern Indiana
2017 was a record year for SEIBR in several categories. The 1,225 homes sold surpassed the previous record of 1168 set in 2015. Both Average and Median Sale Price set new records at $158,858 and $145,000 respectively. This represents a 4.1% and 4.7% increase from the prior and previous record year. Sales Dollar Volume reached $194.6 Million a 10.4% increase from last year’s record of $175.7 Million.

2017 is the second year in a row that both average and median sale prices have been above the pre-depression levels of 2005 and 2006.

Price appreciation (based on median sale price) began in 2010 and has average 4.1% over that period.  Price depreciation during the depression years from 2007 through 2009 was 24.3% averaging 8.1% per year in depreciation.

Although we have recovered to the pre-depression levels, and 2017 resulted in a median sale price 6.3% above the 2005 level, the average appreciation for the past eleven years in only 0.8%.  Those who purchased at the top of the speculative market in 2005 and 2006 have finally reached “equilibrium”.  Those who purchased at the bottom of the market have realized significant equity growth.

December 2017 vs December 2016

  • -1.1% Decrease in homes sold (91 homes vs 92 homes)
  • 9.3% Increase in average sale price ($164,677 vs $150,613)
  • 15.4% Increase in median sale price ($152,900 vs $132,500)
  • 8.1% Increase in sales volume ($14,985,623 vs $13,856,356)

January –December 2017 vs January –December 2016

  • 6.4% Increase in homes sold (1,225 homes vs 1,151 homes)
  • 4.1% Increase in average sale price ($158,858 vs $152,668)
  • 4.7% Increase in median sale price ($145,000 vs $138,503)
  • 10.7% Increase in sales volume ($194,600,774 vs $175,720,980)

Statistics courtesy of Rick McMillin – Southeastern Indiana Board of Realtors MLS Homes Sold Report dated January 9, 2018

November 2017 Home Sales Report

HomeSales_Nov2017.jpgHomes are selling! The average home sale price continued to increase throughout the region in November 2017.

Here are the sales statistics for November for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana:

Cincinnati

November 2017 vs November 2016

  • 6.55% Increase in homes sold (2,001 homes vs 1,878)
  • 7.66% Increase in average sale price ($206,042 vs $191,389)
  • 10.19% Increase in median sale price ($167,000 vs $151,550)
  • 14.71% Increase in gross sales volume ($412,289,714 vs $359,428,946)

January – November 2017 vs January – November 2016

  • -.28 % Decrease in homes sold (24,132 homes vs 24,200)
  • 6.06% Increase in average sale price ($202,502 vs $190,930)
  • 7.24% Increase in median sale price ($163,000 vs $152,000)
  • 5.76% Increase in gross sales volume ($4,886,781,682 vs $4,620,551,062)

For the 17th consecutive month, the average sale price set a record in November

Statistics courtesy of Cincinnati Area Board of Realtors November 2017 Home Sales Report

Dayton

November 2017 vs November 2016

  • 1.50% Increase in homes sold (1,219 homes vs 1,201)
  • 2.65% Increase in average sale price ($152,965 vs $149,014)
  • 5.59% Increase in median sale price ($134,000 vs $126,900)
  • 4.19% Increase in sales volume ($186,464,350 vs $178,966,344)

January –November 2017 vs January –November 2016

  • 1.18% Increase in homes sold (15,036 homes vs 14,861)
  • 5.73% Increase in average sale price ($155,822 vs $147,380)
  • 5.93% Increase in median sale price ($134,000 vs $126,500)
  • 6.97% Increase in sales volume ($2,342,944,306 vs $2,190,213,703)

Statistics courtesy of Dayton Area Board of Realtors November 2017 Home Sales Report

Northern Kentucky

November 2017 vs November 2016

  • -9.07% Decrease in homes sold (491 homes vs 540)
  • 10.39% Increase in average sale price ($186,244 vs $168,711)
  • 12.89% Increase in median sale price ($162,000 vs $143,500)
  • .38% Increase in sales volume ($91,446,247 vs $91,104,140)

January – November 2017 vs January – November 2016

  • 1.29% Increase in homes sold (6,594 homes vs  6,510)
  • 3.32% Increase in average sale price ($180,405 vs $174,616)
  • 4.88% Increase in median sale price ($157,320 vs $150,000)
  • 4.65% Increase in sales volume ($1,189,595,849 vs $1,136,756,559)

Statistics courtesy of Northern Kentucky Association of Realtors November 2017 Home Sales Report

Southeastern Indiana

November 2017 vs November 2016

  • 32.5% Increase in homes sold (106 homes vs 80 homes)
  • 3.2% Increase in average sale price ($162,317 vs $157,218)
  • 12.3% Increase in median sale price ($150,458 vs $134,000)
  • 36.8% Increase in sales volume ($17,205,613 vs $12,577,419)

January–November 2017 vs January–November 2016

  • 8.2% Increase in homes sold (1,145 homes vs 1,058 homes)
  • 3.9% Increase in average sale price ($158,768 vs $152,797)
  • 4.4% Increase in median sale price ($145,000 vs $138,847)
  • 12.9% Increase in sales volume ($181,789,051 vs $161,016,510)

Statistics courtesy of Rick McMillin –Southeastern Indiana Board of Realtors MLS Homes Sold Report dated January 9, 2018

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Sibcy Cline’s Web Site Stats for 2017

Website_Jan2018.pngWhat a year 2017 has been for real estate. Many homes sold quickly for top dollar due to the low number of available homes for sale. Sibcy Cline’s website was very active throughout the year. Here is a breakdown of Sibcy Cline’s web stats for 2017:

Property Detail Page Views for 2017
The most important views on Sibcy Cline’s website are the pages with detailed information about individual properties for sale. Here is a synopsis of views on those pages for the year:

  • 40,082,753 “Property Detail” page views in 2017
  • 3,340,229 “Average Monthly Property Detail” page views
  • 24,939 “Average Daily Property Detail” page visitors 

Sessions/Visits for 2017
Sibcy Cline’s website had 14,613,056 sessions (or visits) throughout 2017. On average, there were 40,039 sessions/visits daily.

Other Stats for http://www.sibcycline.com

  • 515,017 “Saved Search” notification emails sent
  • 34,494 “Saved Listing” notification emails sent
  • 112,810 “HomeWatch” notifications sent
  • 39,883 “Email To A Friend” notifications sent

 

Local Home Sales Report for October 2017

HomeSales_Oct2017.jpgMany homes are still selling quickly due to low inventories of homes for sale. Mortgage interest rates remain low. Here are the sales statistics for October 2017 for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana:

Cincinnati

October 2017 vs October 2016

  • -6.73% Decrease in homes sold (2,052 homes vs 2,200)
  • 2.85% Increase in average sale price ($199,616 vs $194,086)
  • 1.29% Increase in median sale price ($157,000 vs $155,000)
  • -4.07% Decrease in gross sales volume ($409,612,540 vs $426,990,135)

January – October 2017 vs January – October 2016

  • -.92 % Decrease in homes sold (22,116 homes vs 20,321)
  • 5.93% Increase in average sale price ($202,211 vs $190,895)
  • 6.58% Increase in median sale price ($162,000 vs $152,000)
  • 4.95% Increase in sales volume ($4,472,799 vs $4,260,972,216)

Statistics courtesy of Cincinnati Area Board of Realtors October 2017 Home Sales Report

Dayton

October 2017 vs October 2016

  • 3.17% Increase in homes sold (1,367 homes vs 1,325)
  • 3.12% Increase in average sale price ($154,695 vs $150,013)
  • 4.08% Increase in median sale price ($130,000 vs $124,900)
  • 6.39% Increase in sales volume ($211,468,609 vs $198,767,519)

January – October 2017 vs January – October 2016

  • 1.14% Increase in homes sold (13,775 homes vs 13,620)
  • 6.05% Increase in average sale price ($156,088 vs $147,190)
  • 6.35% Increase in median sale price ($134,000 vs $126,000)
  • 7.25% Increase in sales volume ($2,150,112,912 vs $2,004,733,228)

Statistics courtesy of Dayton Area Board of Realtors October 2017 Home Sales Report

Northern Kentucky

October 2017 vs October 2016

  • -7.68% Decrease in homes sold (589 homes vs 638)
  • 6.23% Increase in average sale price ($180,727 vs $170,126)
  • 3.33% Increase in median sale price ($155,000 vs $150,000)
  • -1.93% Decrease in sales volume ($106,448,636 vs $108,540,622)

January – October 2017 vs January –October 2016

  • 1.93% Increase in homes sold (6,085 homes vs  5,970)
  • 2.77% Increase in average sale price ($179,995 vs $175,151)
  • 3.97% Increase in median sale price ($157,000 vs $151,000)
  • 4.75% Increase in sales volume ($1,095,271,303 vs $1,045,652,419)

Statistics courtesy of Northern Kentucky Association of Realtors October 2017 Home Sales Report

Southeastern Indiana

October 2017 vs October 2016

  • 20% Increase in homes sold (114 homes vs 95 homes)
  • -7.2% Decrease in average sale price ($160,578 vs $173,002)
  • 7.1% Increase in median sale price ($152,500 vs $142,400)
  • 11.4% Increase in sales volume ($18,305,870 vs $16,435,177)

January – October 2017 vs January – October 2016

  • 6.3% Increase in homes sold (1,039 homes vs 977 home)
  • 7.9% Increase in average sale price ($164,683 vs $152,495)
  • 3.6% Increase in median sale price ($144,000 vs $139,000)
  • 10.5% Increase in sales volume ($164,583,438 vs $148,987,900)

Statistics courtesy of Rick McMillin – Southeast Indiana Association of Realtors Home Sales Report, October, 2017

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