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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September Home Sales Report: Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana

花火8Many homes are selling quickly due to low inventories of homes for sale. Mortgage interest rates remain low. Here are the sales statistics for September 2017 for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana:

Cincinnati

September 2017 vs September 2016

  • -.4.75% Decrease in homes sold (2,267 homes vs 2,380)
  • 3.56% Increase in average sale price ($198,657 vs $191,837)
  • 3.23% Increase in median sale price ($160,000 vs $155,000)
  • -1.36% Decrease in gross sales volume ($450,354,376 vs $456,571,301)

January – September 2017 vs January – September 2016

  • -.33 % Decrease in homes sold (20,055 homes vs 20,121)
  • 6.23% Increase in average sale price ($202,423 vs $190,546)
  • 7.24% Increase in median sale price ($163,000 vs $152,000)
  • 5.88% Increase in sales volume ($4,059,582,615 vs $3,8,33,982,081)

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

Dayton

September 2017 vsSeptember 2016

  • -3.38% Decrease in homes sold (1,428 homes vs 1,478)
  • 9.03% Increase in average sale price ($159,699 vs $116,477)
  • 7.19% Increase in median sale price ($135,000 vs $125,950)
  • 5.34% Increase in sales volume ($228,050,163 vs $216,492,454)

January – September 2017 vs January – September 2016

  • 1.12% Increase in homes sold (12,374 homes vs 12,237)
  • 6.42% Increase in average sale price ($156,227 vs $146,808)
  • 5.93% Increase in median sale price ($134,000 vs $126,500)
  • 7.61% Increase in sales volume ($1,933,148,167 vs $1,796,484,099)

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

Northern Kentucky

September 2017 vs September 2016

  • -6.74% Decrease in homes sold (609 homes vs 653)
  • 3.45% Increase in average sale price ($180,363 vs $174,345)
  • 8.78% Increase in median sale price ($161,000 vs $148,000)
  • -3.52% Decrease in sales volume ($109,841,135 vs $113,847,782)

January – September 2017 vs January – September 2016

  • 2.48% Increase in homes sold (5,463 homes vs  5,331)
  • 2.44% Increase in average sale price ($180,045 vs $175,345)
  • 3.29% Increase in median sale price ($157,000 vs $152,000)
  • 4.98% Increase in sales volume ($983,586,065 vs $936,907,047)

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

Southeastern Indiana

September 2017 vs September 2016

  • 12.1% Increase in homes sold (111 homes vs 99 homes)
  • 15.3% Increase in average sale price ($164,868 vs $142,997)
  • 17.8% Increase in median sale price ($159,000 vs $135,000)
  • 29.3% Increase in sales volume ($18,300,402 vs $14,156,732)

January – September 2017 vs January –  September 2016

  • 4.9% Increase in homes sold (925 homes vs 882 home)
  • 5.2% Increase in average sale price ($158,138 vs $150,287)
  • 2.8% Increase in median sale price ($142,500 vs $138,649)
  • 10.4% Increase in sales volume ($146,277,568 vs $132,552,723)

Statistics courtesy of Rick McMillin – Southeast Indiana Association of Realtors Home Sales Report, September 1, 2017

August Home Sales Report – Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana

HomeSales_August2017.jpgMany homes are selling quickly due to low inventories of homes for sale. Mortgage interest rates remain low. Here are the sales statistics for August 2017 for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana:

Cincinnati
The Cincinnati region enjoyed setting a record for 15 consecutive months for increased average sale price!

August 2017 vs August 2016

  • -.61% Decrease in homes sold (2,610 homes vs 2,626)
  • 8.48% Increase in average sale price ($210,000 vs $193,868)
  • 12.58% Increase in median sale price ($170,000 vs $151,000)
  • 7.81% Increase in gross sales volume ($548,883,303 vs $509,097,422)

January – August 2017 vs January – August 2016

  • .2 % Increase in homes sold (17,776 homes vs 17,740)
  • 6.59% Increase in average sale price ($202,902 vs $190,366)
  • 7.95% Increase in median sale price ($163,000 vs $151,000)
  • 6.8% Increase in sales volume ($3,606,792,639 vs $3,377,091,173)

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

Dayton

August 2017 vs August 2016

  • -.74% Decrease in homes sold (1,606 homes vs 1,618)
  • 10.92% Increase in average sale price ($162,235 vs $146,261)
  • 11.36% Increase in median sale price ($139,200 vs $125,000)
  • 10.10% Increase in sales volume ($260,548,765 vs $236,650,202)

January – August 2017 vs January – August 2016

  • 1.86% Increase in homes sold (10,910 homes vs 10,711)
  • 5.96% Increase in average sale price ($134,000 vs $126,900)
  • 5.59% Increase in median sale price ($134,000 vs $126,900)
  • 7.93% Increase in sales volume ($1,699,577,954 vs $1,574,682,921)

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

Northern Kentucky

August 2017 vs August 2016

  • -4.53% Decrease in homes sold (653 homes vs 684)
  • -4.36% Decrease in average sale price ($182,987 vs $191,326)
  • 1.27% Increase in median sale price ($160,000 vs $158,000)
  • -8.69% Decrease in sales volume ($119,490,533 vs $130,867,134)

January – August 2017 vs January – August 2016

  • 3.06% Increase in homes sold (4,821 homes vs  4,678)
  • 2.50% Increase in average sale price ($180,361 vs $179,956)
  • 3.29% Increase in median sale price ($157,000 vs $152,000)
  • 5.64% Increase in sales volume ($869,524,447 vs$823,122,265)

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

Southeastern Indiana
Southeastern Indiana had an uptick in home sales for August!

August 2017 vs August 2016

  • 12.8% Increase in homes sold (123 homes vs 109 homes)
  • 9.9% Increase in average sale price ($174,328 vs $158,565)
  • 14.2% Increase in median sale price ($159,900 vs $140,000)
  • 24.1% Increase in sales volume ($21,442,297 vs $17,283,518)

January – August 2017 vs January – August 2016

  • 3.8% Increase in homes sold (813 homes vs 783 home)
  • 4.1% Increase in average sale price ($157,335 vs $151,208)
  • 1.1% Increase in median sale price ($140,500 vs $139,000)
  • 8.0% Increase in sales volume ($127,913,336 vs $118,395,991)

Statistics courtesy of Rick McMillin – Southeast Indiana Association of Realtors Home Sales Report, August 1, 2017

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