February Local Home Sales Report

February Local Home Sales Report Sibcy Cline Realtors

February 2021 saw lots of snow and ice with winter in full force upon the region. With such fierce winter conditions, homes still sold! In Cincinnati, the median sales price increased (over the prior year) for the 22nd consecutive month. The median days on market was just three days – a 57% decrease from February 2020. In Northern Kentucky, home sales for February rose by 6% and sales prices increased by almost 14%. In the Dayton region, home sales units increased from last February by almost 2%. Sales volume increased by almost 13%.

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 February 2021:

CINCINNATI OHIO / SOUTHEASTERN INDIANA

February 2021 vs February 2020

  • -1.4% Decrease in homes sold (1,570 homes)
  • 13.3% Increase in median sale price ($199,900)
  • -57.1% Decrease in median sales on market (3 days)
  • -52.6% Decrease in active homes for sale (1,376 units)
  • -20.7% Decrease in new listings (1,825)

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

DAYTON AND SPRINGFIELD OHIO

February 2021 vs February 2020

  • 1.8% Increase in homes sold (1,020 units vs 1,002)
  • 10.83 Increase in average sale price ($194,047 vs $175,085)
  • 7.14% Increase in median sale price ($159,900 vs $149,250)
  • 12.82% Increase in gross sales volume ($197,928,332 vs $175,434,750)
  • -26.10% Decrease in new listing units (1,056 vs 1,429)

January–February 2021 vs January–February 2020

  • 5,78% Increase in homes sold (2,050 vs 1,938)
  • 12.25% Increase in average sale price ($193,507 vs $172,389)
  • 10.34% Increase in median sales ($160,000 vs $145,000)
  • 18.74% Increase in sales volume ($396,689,451 vs $334,089,446)
  • -21.62% Decrease in new listing units (2,190 vs 2,794)

Statistics courtesy of Dayton Realtors February 2021 Home Sales Report

NORTHERN KENTUCKY

February 2021 vs February 2020

  • 6.21% Increase in homes sold (513 homes vs 483 homes)
  • 13.56% Increase in average sale price ($236,556 vs $208,307)
  • 21.04% Increase in median sale price ($210,000 vs $173,500)
  • 20.61% Increase in sales volume ($121,353,541 vs $100,612,415)

January–February 2021 vs January–February 2020

  • 5.84% Increase in homes sold (960 homes vs 907 homes)
  • 14.35% Increase in average sale price ($236,702 vs $206,991)
  • 17.14% Increase in median sale price ($205,000 vs $175,000)
  • 21.04% Increase in sales volume ($227,234,294 vs $187,741,312)

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

Local January Home Sales Report – Sales Increased for All Regions

For January 2021, local home sales increased throughout the region. In Cincinnati, the median sales price increased (over the prior year) for the 21st consecutive month.The median days on market was just four days which is a 73% decrease from January 2020. Also in Cincinnati, 1,541 homes sold in January – a record for any January. In Northern Kentucky, home sales for January rose by 4% and sales prices increased by 15%. In the Dayton region, home sales units increased from last January by 10%. Sales volume increased by 25%.

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 January 2021:

CINCINNATI OHIO / SOUTHEASTERN INDIANA

January 2021 vs January 2020

  • 11.8% Increase in homes sold (1,524 homes)
  • 15.2% Increase in median sale price ($202,750)
  • 25% Increase in sales volume ($374,200,000 vs $298,800,800 in 2020)
  • -47.7% Decrease in active homes for sale (1,628 units)
  • -11% Decrease in new listings (1,881)

Statistics courtesy of Cincinnati Area Board of Realtors January 2021 Home Sales Report

DAYTON AND SPRINGFIELD OHIO

January 2021 vs January 2020

  • 9.91% Increase in homes sold (1,020 units)
  • 13.7% Increase in average sale price ($194,116)
  • 13.84% Increase in median sale price ($162,500)
  • 25.03% Increase in gross sales volume ($196,000,000)
  • 16.87% Increase in new listing units (1,133)

Statistics courtesy of Dayton Realtors January 2021 Home Sales Report

NORTHERN KENTUCKY

January 2021 vs January 2020

  • 4.01% Increase in homes sold (441 homes vs 424 homes)
  • 15.23% Increase in average sale price ($236,787 vs $205,492)
  • 11.67% Increase in median sale price ($200,000 vs $179,100)
  • 19.85% Increase in sales volume ($104,423,289 vs $87,128,897)

Statistics courtesy of Northern Kentucky Association of Realtors January 2021 Home Sales Report

Look for homes for sale here.

Breaking Records! December 2020 Local Home Sales Report

Local home sales report Dec 2020

Home sales increased for all regions in December. In Greater Cincinnati, the area set a record for the most home sales of any December. In Northern Kentucky, sales records for 2020 broke previous records for homes sales and volume. In the Dayton region, homes ended the year increasing 12% in December with sale volume improving by over 28% for the month.

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 December 2020:

CINCINNATI / SOUTHEASTERN INDIANA

December 2020 vs December 2019

  • 21.04% Increase in homes sold (2,267 homes vs 1,873 homes)
  • 12% Increase in average sale price ($254,705 vs $227,242)
  • 19.44% Increase in median sale price ($215,000 vs $180,000)
  • 35.66% Increase in gross sales volume ($577,416,950 vs $425,623,937)

January–December 2020 vs January–December 2019

  • 3.55% Increase in homes sold (26,687 homes vs 25,772 homes)
  • 9.51% Increase in average sale price ($247,626 vs $226,124)
  • 12.5% Increase in median sale price ($207,000 vs $184,000)
  • 13.4% Increase in gross sales volume ($6,608,397,521 vs $5,827,659,825)

Statistics courtesy of Cincinnati Area Board of Realtors December 2020 Home Sales Report

DAYTON

December 2020 vs December 2019

  • 12.16% Increase in homes sold (1,448 homes vs 1,291 homes)
  • 14.87% Increase in average sale price ($199,665 vs $173,816)
  • 19.11% Increase in median sale price ($172,0000 vs $144,400)
  • 28.84% Increase in gross sales volume ($289,114,444 vs $224,396,006)

January–December 2020 vs January–December 2019

  • 3.96% Increase in homes sold (17,283 homes vs 16,625 homes)
  • 11.19% Increase in average sale price ($196,897 vs $177,087)
  • 11.84% Increase in median sale price ($170,000 vs $152,000)
  • 15.59% Increase in sales volume ($3,402,979,256 vs $2,944,065,136)

Statistics courtesy of Dayton Realtors December 2020 Home Sales Report

NORTHERN KENTUCKY

December 2020 vs December 2019

  • 19.2% Increase in homes sold (658 homes vs 552 homes)
  • 10.80% Increase in average sale price ($238,213 vs $214,985)
  • 9.74% Increase in median sale price ($209,000 vs $190,450)
  • 32.08% Increase in sales volume ($156,774,336 vs $118,671,931)

January–December 2020 vs January–December 2019

  • 7.58% Increase in homes sold (7,849 homes vs 7,296 homes)
  • 10.49% Increase in average sale price ($229.263 vs $207,503)
  • 12.85% Increase in median sale price ($202,000 vs $179,000)
  • 18.86% Increase in sales volume (1,799,490,427 vs $1,513,944,214)

Statistics courtesy of Northern Kentucky Association of Realtors December 2020 Home Sales Report

Look for homes for sale here.

November Home Sales Report

November home sales report

Home sales increased for all regions in November. In Greater Cincinnati, the area had the most home sales of any November on record. In Northern Kentucky, sales rose by 20% and in Dayton they increased by almost 19%.

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 November 2020:

CINCINNATI / SOUTHEASTERN INDIANA

November 2020 vs November 2019

  • 13.22% Increase in homes sold (2,167 homes vs 1,914 homes)
  • 11.02% Increase in average sale price ($251,501 vs $226,546)
  • 17.84% Increase in median sale price ($215,000 vs $182,450
  • 25.69% Increase in gross sales volume ($545,002,032 vs $443,609,220)

January–November 2020 vs January–November 2019

  • 1.88% Increase in homes sold (24,348 homes vs 23,898 homes)
  • 9.24% Increase in average sale price ($246,927 vs $226,041)
  • 11.93% Increase in median sale price ($205,950 vs $184,000)
  • 11.30% Increase in gross sales volume ($6,012,183,077 vs $5,401,928,888)

Statistics courtesy of Cincinnati Area Board of Realtors November 2020 Home Sales Report

DAYTON

November 2020 vs November 2019

  • 18.97% Increase in homes sold (1,405 homes vs 1,181 homes)
  • 10% Increase in average sale price ($198,977 vs $180,881)
  • 12.90% Increase in median sale price ($198,977 vs $180,881)
  • 30.87% Increase in gross sales volume ($279,562,150 vs $213,619,991)

January–November 2020 vs January–November 2019

  • 3.42% Increase in homes sold 15,787 homes vs 15,265 homes)
  • 10.91% Increase in average sale price ($196,644 vs $177,296)
  • 11.05% Increase in median sale price ($169,900 vs $153,000)
  • 14.71% Increase in sales volume ($3,104,416,420 vs $2,706,425,382)

Statistics courtesy of Dayton Realtors November 2020 Home Sales Report

NORTHERN KENTUCKY

November 2020 vs November 2019

  • 20.70% Increase in homes sold (659 homes vs 546 homes)
  • 18.06% Increase in average sale price ($241,216 vs $204,323)
  • 23.61% Increase in median sale price ($216,309 vs $175,000)
  • 42.49% Increase in sales volume ($158,961,420 vs $111,560,662)

January–November 2020 vs January–November 2019

  • 5.26% Increase in homes sold (7,098 homes vs 6,743 homes)
  • 10.39% Increase in average sale price ($228,376 vs $206,886)
  • 13.07% Increase in median sale price ($201,257 vs $178,000)
  • 16.20% Increase in sales volume ($1,621,016,065 vs $1,295,035,283)

Statistics courtesy of Northern Kentucky Association of Realtors November 2020 Home Sales Report

Look for homes for sale here.

Local Home Sales Report: October 2020 – a Strong Sales Month!

October 2020 Home Sales Report

Home sales increased for all regions in October. In Greater Cincinnati, the area had the most home sales of any October on record. In Northern Kentucky, sales rose by almost 19% and in Dayton they increased by 14%.

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 October 2020:

CINCINNATI / SOUTHEASTERN INDIANA

October 2020 vs  October 2019

  • 13.14% Increase in homes sold (2,558 homes vs 2,261 homes)
  • 15.96% Increase in average sale price ($257,109 vs $221,720)
  • 18.99% Increase in median sale price ($213,000 vs $179,000)
  • 31.19% Increase in gross sales volume ($657,684,046 vs $501,309,010)

January–October 2020 vs January–October 2019

  • .78% Increase in homes sold (22,155 homes vs 21,984 homes)
  • 9.07% Increase in average sale price ($246,490 vs $225,997)
  • 11.41% Increase in median sale price ($205,000 vs $184,000)
  • 9.92% Increase in gross sales volume ($5,460,996,226 vs $4,968,319,668)

Statistics courtesy of Cincinnati Area Board of Realtors October 2020 Home Sales Report

DAYTON

October 2020 vs October 2019

  • 14.26% Increase in homes sold (1,651 homes vs 1,445 homes)
  • 15.47% Increase in average sale price ($206,007 vs $178,412)
  • 19.93% Increase in median sale price ($179,900 vs $150,000)
  • 31.93% Increase in gross sales volume ($340,117,884 vs $257,805,736)

January–October 2020 vs January–October 2019

  • 2.14% Increase in homes sold (14,349 homes vs 14,048 homes)
  • 10.92% Increase in average sale price ($196,415 vs $177,081)
  • 11.12% Increase in median sale price ($169,900 vs $152,900)
  • 13.29% Increase in sales volume ($2,818,351,913 vs $2,487,636,851)

Statistics courtesy of Dayton Realtors October 2020 Home Sales Report

NORTHERN KENTUCKY

October 2020 vs October 2019

  • 18.91% Increase in homes sold (761 homes vs 640 homes)
  • 9.90% Increase in average sale price ($235,200 vs $214,016)
  • 13.57% Increase in median sale price ($210,000 vs $184,900)
  • 30.68% Increase in sales volume ($178,987,272 vs $136,970,453)

January–October 2020 vs January–October 2019

  • 3.32% Increase in homes sold (6,403 homes vs 6,196 homes)
  • 9.58% Increase in average sale price ($226,957 vs $207,112)
  • 12.36% Increase in median sale price ($200,000 vs $178,000)
  • 13.22% Increase in sales volume ($1,453,208,585 vs $1,283,474,621)

Statistics courtesy of Northern Kentucky Association of Realtors October 2020 Home Sales Report

Look for homes for sale here.

Local Home Sales Report: September 2020

Home sales increased for all regions in September. In Northern Kentucky, sales rose by 21% and in Dayton they increased by almost 20%. In Greater Cincinnati, the area saw the most home sales of any September on record.

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 September 2020:

CINCINNATI / SOUTHEASTERN INDIANA

September 2020 vs  September 2019

  • 21.05% Increase in homes sold (2,582 homes vs 2,133 homes)
  • 12.77% Increase in average sale price ($255,093 vs $226,210)
  • 16.91% Increase in median sale price ($215,000 vs $183,900)
  • 36.51% Increase in gross sales volume ($658,651,352 vs $482,504,994)

January–September 2020 vs January–September 2019

  • -.73% Decrease in homes sold (19,580 homes vs 19,723 homes)
  • 8.21% Increase in average sale price ($245,072 vs $226,487)
  • 10.27% Increase in median sale price ($204,000 vs $185,000)
  • 7.42% Increase in gross sales volume ($4,798,517,765 vs $4,467,010,658)

Statistics courtesy of Cincinnati Area Board of Realtors September 2020 Home Sales Report

DAYTON

September 2020 vs September 2019

  • 19.65% Increase in homes sold (1,705 homes vs 1,425 homes)
  • 16.13% Increase in average sale price ($210,555 vs $181,317)
  • 10.49% Increase in median sale price ($179,000 vs $162,000)
  • 38.94% Increase in gross sales volume ($358,996,607 vs $258,376,767)

January–September 2020 vs January–September 2019

  • .80 Increase in homes sold (12,662 homes vs 12,561 homes)
  • 10.30% Increase in average sale price ($195,169 vs $176,939)
  • 9.41% Increase in median sale price ($167,950 vs $153,500)
  • 11.19% Increase in sales volume ($2,471,234,447 vs $2,222,527,849)

Statistics courtesy of Dayton Realtors September 2020 Home Sales Report

NORTHERN KENTUCKY

September 2020 vs September 2019

  • 21.04% Increase in homes sold (742 homes vs 613 homes)
  • 12.28% Increase in average sale price ($233,407 vs $207,884)
  • 13.95% Increase in median sale price ($205,000 vs $179,900)
  • 35.91% Increase in sales volume ($173,188,285 vs $127,433,333)

January–September 2020 vs January–September 2019

  • 1.08% Increase in homes sold (5,617 homes vs 5,557 homes)
  • 6.70% Increase in average sale price ($225,772 vs $211,602)
  • 11.12% Increase in median sale price ($199,900 vs $179,900)
  • 7.85% Increase in sales volume ($1,268,166,726 vs $1,175,873,753)

Statistics courtesy of Northern Kentucky Association of Realtors September 2020 Home Sales Report

Look for homes for sale here.

Local Home Sales Report for August 2020

August Home Sales Report Sibcy Cline Realtors

Home sales increased for most local regions in August. For the 17th consecutive month, the average home price rose over the prior year for the Cincinnati region. The dollar volume for the month increased by 22%. In the Dayton area, August also saw gains for home sales with increases in the number of homes sold (7%) as well as average and median price increases. In Northern Kentucky, the average home price increased by over 8%.

Here is a report by region of homes sales throughout August 2020:

CINCINNATI / SOUTHEASTERN INDIANA

August 2020 vs  August 2019

  • +7.19% Increase in homes sold (2,742 homes vs 2,558 homes)
  • 14.30% Increase in average sale price ($258,269 vs $225,955)
  • 17.94% Increase in median sale price ($222,250 vs $188,450)
  • 22.52% Increase in gross sales volume ($708,172,943 vs $577,992,493)

January–August 2020 vs January–August 2019

  • -3.51% Decrease in homes sold (16,973 homes vs 17,590 homes)
  • 7.51% Increase in average sale price ($243.541 vs $226,521)
  • 8.92% Increase in median sale price ($201,500 vs $185,000)
  • 3.74% Increase in gross sales volume ($4,133,629,273 vs $3,984,505,664)

Statistics courtesy of Cincinnati Area Board of Realtors August 2020 Home Sales Report

DAYTON

August 2020 vs August 2019

  • 7.02% Increase in homes sold (1,707 homes vs 1,595 homes)
  • 14.27% Increase in average sale price ($203,934 vs $178,464)
  • 12.90% Increase in median sale price ($175,000 vs $155,000)
  • 22.30% Increase in sales volume ($348,114,929 vs $284,650,861)

January–August 2020 vs January–August 2019

  • -1.57 Decrease in homes sold (10,925 homes vs 11,099 homes)
  • 9.17% Increase in average sale price ($192,743 vs $176,554)
  • 8.88% Increase in median sale price ($165,500 vs $152,000)
  • 7.46% Increase in sales volume ($2,105,719,680 vs $1,959,571,932)

Statistics courtesy of Dayton Realtors August 2020 Home Sales Report

NORTHERN KENTUCKY

August 2020 vs August 2019

  • -.94% Decrease in homes sold (736 homes vs 743 homes)
  • 8.76% Increase in average sale price ($242,470 vs $222,931)
  • 22.19% Increase in median sale price ($223,000 vs $182,500)
  • 7.74% Increase in sales volume ($178,458,290 vs $165,637,773)

January–August 2020 vs January–August 2019

  • -2.08% Decrease in homes sold (4,841 homes vs 4,944 homes)
  • 8.89% Increase in average sale price ($224,437 vs $206,122)
  • 12.21% Increase in median sale price ($198,142 vs $176,575)
  • 6.26% Increase in sales volume ($1,086,503,417 vs $1,019,070,835)

Statistics courtesy of Northern Kentucky Association of Realtors August 2020 Home Sales Report

Look for homes for sale here.

Local Home Sales Report for July 2020

Home sales increased for all local regions in July. Home sales for the Cincinnati region set a record with the best sales record for that month ever: 2,825 homes were sold – up almost 11% from 2019. The dollar volume for the month increased by almost 22%. In the Dayton area, July also saw gains for home sales with all-time highs in average sale and median sales prices. With 1,773 homes sold in the area, the region had an over 6% increase in the number of homes sold as well as over 16% in sales volume. In Northern Kentucky, home sales increased by over 2%. Average and median sale prices also increased for the month.

Here is a report by region of homes sales throughout July 2020:

CINCINNATI / SOUTHEASTERN INDIANA

July 2020 vs  July 2019

  • +10.91% Increase in homes sold (2,825 homes vs 2,547 homes)
  • 9.93% Increase in average sale price ($264,286 vs $240,410)
  • 12.95% Increase in median sale price ($218,000 vs $193,000)
  • 21.93% Increase in gross sales volume ($746,607,822 vs $612,324,260)

January–July 2020 vs January–July 2019

  • -5.50% Decrease in homes sold (14,205 homes vs 15,032 homes)
  • 6.12% Increase in average sale price ($240,475 vs $226,617)
  • 7.08% Increase in median sale price ($198,000 vs $184,900)
  • .28% Increase in gross sales volume ($3,15,959,636 vs $3,406,513,171)

Statistics courtesy of Cincinnati Area Board of Realtors July 2020 Home Sales Report

DAYTON

July 2020 vs July 2019

  • 6.29% Increase in homes sold (1,773 homes vs 1,668 homes)
  • 9.42% Increase in average sale price ($206,750 vs $188,950)
  • 9.09% Increase in median sale price ($180,000 vs $165,000)
  • 16.31% Increase in sales volume ($366,566,948 vs $315,168,484)

January–July 2020 vs January–July 2019

  • -3.19% Decrease in homes sold (9,172 homes vs 9,474 homes)
  • 8.26% Increase in average sale price ($190,812 vs $176,260)
  • 9.63% Increase in median sale price ($165,000 vs $150,500)
  • 4.81% Increase in sales volume ($1,750,126,850 vs $1,669,882,543)

Statistics courtesy of Dayton Realtors July 2020 Home Sales Report

NORTHERN KENTUCKY

July 2020 vs July 2019

  • 2.07% Increase in homes sold (789 homes vs 773 homes)
  • 10.52% Increase in average sale price ($233,078 vs $210,900)
  • 17.76% Increase in median sale price ($214,918 vs $182,500)
  • 12.80% Increase in sales volume ($183,898,800 vs $163,026,380)

January–July 2020 vs January–July 2019

  • -2.98% Decrease in homes sold (4,076 homes vs 4,201 homes)
  • 8.86% Increase in average sale price (221,142 vs $203,149)
  • 11.43% Increase in median sale price ($195,000 vs $175,000)
  • 5.62% Increase in sales volume ($853,433,062 vs $901,376,338)

Statistics courtesy of Northern Kentucky Association of Realtors July 2020 Home Sales Report

Look for homes for sale here.

Local Home Sales Report for June 2020

花火8Very low interest rates, good weather as well as reasonable prices for homes have kept the real estate market strong even through COVID-19.

Although sales were down in all regions (except in Dayton), average and median sale prices rose  – encouraging news for those thinking about selling their homes.

Here is a report by region of homes sales throughout June 2020:

CINCINNATI / SOUTHEASTERN INDIANA

June 2020 vs  June 2019

  • -7.00% Decrease in homes sold (2,524 homes vs 2,714 homes)
  • 3.44% Increase in average sale price ($253,686 vs $245,482)
  • 7.50% Increase in median sale price ($214,900 vs $199,900)
  • -3.89% Decrease in gross sales volume ($640,303,731 vs $666,238,556)

January–June 2020 vs January–June 2019

  • -8.94% Decrease in homes sold (11,371 homes vs 12,487 homes)
  • 4.81% Increase in average sale price ($234,569 vs $223,794)
  • 6.30% Increase in median sale price ($194,000 vs $182,500)
  • -4.55% Decrease in gross sales volume ($2,667,278,875 vs $2,794,520,911)

Statistics courtesy of Cincinnati Area Board of Realtors June 2020 Home Sales Report

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DAYTON

June 2020 vs June 2019

  • 6.21% Increase in homes sold (1,624 homes vs 1,529 homes)
  • 5.40% Increase in average sale price ($205,851 vs $195.303)
  • 5.00% Increase in median sale price ($178.500 vs $170,000)
  • 11.95% Increase in sales volume ($334,301,250 vs $298,618,817)

January–June 2020 vs January–June 2019

  • -5.12% Decrease in homes sold (7,378 homes vs 7,776 homes)
  • 7.83% Increase in average sale price ($187,003 vs $173,418)
  • 7.92% Increase in median sale price ($160,800 vs $149,000)
  • 2.31% Increase in sales volume ($1,379,708,002 vs $1,348,494,690)

Statistics courtesy of Dayton Realtors June 2020 Home Sales Report

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NORTHERN KENTUCKY

June 2020 vs June 2019

  • -25.80% Decrease in homes sold (558 homes vs 752 homes)
  • 5.20% Increase in average sale price ($217,314 vs $206,571)
  • 6.42% Increase in median sale price ($193,685 vs $182,000)
  • -21.94% Decrease in sales volume ($121,261,268 vs $155,342,050)

January–June 2020 vs January–June 2019

  • -8.47% Decrease in homes sold (2,529 homes vs 2,763 homes)
  • 9.39% Increase in average sale price ($215,600 vs $196,761)
  • 7.87% Increase in median sale price ($185,000 vs $171,500)
  • .13% Increase in sales volume ($544,333,099 vs $543,652,032)

Statistics courtesy of Northern Kentucky Association of Realtors June 2020 Home Sales Report

May 2020 Home Sales Report for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana

花火8Very low interest rates, good weather as well as reasonable prices for homes have kept the real estate market strong even through there were COVID-19 stay-at-home orders.

Although sales were down, average and median sale prices rose  – encouraging news for those thinking about selling their homes.

Here is a report by region of homes sales throughout May 2020:

CINCINNATI / SOUTHEASTERN INDIANA

May 2020 vs May 2019

  • -26.88% Decrease in homes sold (1,950 homes vs 2,667 homes)
  • 3.24% Increase in average sale price ($238,994 vs $231,499)
  • 5.37% Increase in median sale price ($201,250 vs $191,000)
  • -24.52% Decrease in gross sales volume ($466,038,682 vs $617,407,053)

January–May 2020 vs January–May 2019

  • -9.78% Increase in homes sold (8,816 homes vs 9,772 homes)
  • 5.29% Increase in average sale price ($229,270 vs $217,757)
  • 6.09% Increase in median sale price ($189,900 vs $179,000)
  • -5.01% Decrease in gross sales volume ($2,021,243,057 vs $2,127,917,355)

Statistics courtesy of Cincinnati Area Board of Realtors May 2020 Home Sales Report

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DAYTON

May 2020 vs May 2019

  • -25.29% Decrease in homes sold (1,285 homes vs 2,106 homes)
  • 4.24% Increase in average sale price ($188,935 vs $181,258)
  • 7.02% Increase in median sale price ($166,900 vs $155,950)
  • -22.13% Decrease in sales volume ($242,781,843 vs $311,763,470)

January–May 2020 vs January–May 2019

  • -10.25% Decrease in homes sold (7,583 homes vs 8,449 homes)
  • 8.08% Increase in average sale price ($181,599 vs $168,020)
  • 9.45% Increase in median sale price ($157,000 vs $143,450)
  • -.08% Decrease in sales volume ($1,042,922,477 vs $1,043,742,673)

Statistics courtesy of Dayton Realtors May 2020 Home Sales Report

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NORTHERN KENTUCKY

May 2020 vs May 2019

  • -25.80% Decrease in homes sold (558 homes vs 752 homes)
  • 5.20% Increase in average sale price ($217,314 vs $206,571)
  • 6.42% Increase in median sale price ($193,685 vs $182,000)
  • -21.94% Decrease in sales volume ($121,261,268 vs $155,342,050)

January–May 2020 vs January–May 2019

  • -8.47% Decrease in homes sold (2,529 homes vs 2,763 homes)
  • 9.39% Increase in average sale price ($215,6 vs $196,761)
  • 7.87% Increase in median sale price ($185,000 vs $171,500)
  • .13% Increase in sales volume ($544,333,099 vs $543,652,032)

Statistics courtesy of Northern Kentucky Association of Realtors May 2020 Home Sales Report