May Home Sales Report: Greater Cincinnati and Dayton, Ohio and Northern Kentucky

May home sales were up for the region. Sales exceeded 2018 figures in all regions. Mortgage interest rates remain low. With home values still on the rise and a low inventory of homes for sale, it is a great time to sell your home. (Photo image: SC Photography Department: The Tower in Glendale, Ohio.)

Here is a report by region of homes sales throughout May 2019:

Cincinnati

Sales increased in May by .7% as compared to May 2018.

May 2019 vs May 2018

  • .69% Increase in homes sold (2,638 homes vs 2,620 homes)
  • 5.39% Increase in average sale price ($230,885 vs $219,069)
  • 5.57% Increase in median sale price ($189,975 vs $179,950)
  • 6.12% Increase in gross sales volume ($609,074,438 vs $573,961,936)

January–May 2019 vs January–May 2018

  • -.78% Decrease in homes sold (9,715 homes vs 9,791 homes)
  • 4.63% Increase in average sale price ($217,293 vs $207,670)
  • 5.92% Increase in median sale price ($178,999 vs $169,000)
  • 3.82% Increase in gross sales volume ($2,110,998,269 vs $2,033,297,402)

Statistics courtesy of Cincinnati Area Board of Realtors May 2019 Home Sales Report

Dayton

In Dayton, home sales increased by almost eight percent.

May 2019 vs May 2018

  • 7.84% Increase in homes sold (1,720 homes vs 1,595 homes)
  • 5.96% Increase in average sale price ($181,258 vs $171,061)
  • 7.55% Increase in median sale price ($155,950 vs $145,000)
  • 14.27% Increase in sales volume ($311,763,470 vs $272,842,039)

January–May 2019 vs January–May 2018

  • 2.05% Increase in homes sold (6,212 homes vs 6,087 homes)
  • 5.96% Increase in average sale price ($168,020 vs $158,571)
  • 6.26% Increase in median sale price ($143,450 vs $135,000)
  • 8.13% Increase in sales volume ($1,043,742,673 vs $965,223,185)

Statistics courtesy of Dayton Realtors May 2019 Home Sales Report

Northern Kentucky

Home sales increased by almost six percent in May. Average and median home prices also increased!

May 2019 vs May 2018

  • 5.89% Increase in homes sold (719 homes vs 679 homes)
  • 4.13% Increase in average sale price ($205,608 vs $197,448)
  • 7.06% Increase in median sale price ($182,000 vs $170,000)
  • 10.27% Increase in sales volume ($147,832,258 vs $134,067,803)

January–May 2019 vs January–May 2018

  • -2.74% Decrease in homes sold (2,695 homes vs 2,771 homes)
  • 3.66% Increase in average sale price ($195,977 vs $189,056)
  • 3.67% Increase in median sale price ($171,000 vs $164,950)
  • .82% Increase in sales volume ($528,159,068 vs $523,874,500)

Statistics courtesy of Northern Kentucky Association of Realtors May 2019 Home Sales Report

Look at homes for sale.

Cincinnati, Ohio Home Sales Up 19 Percent

HousesSellingB

The May home sales report for Cincinnati, Ohio has been published and area sales are up 19% for the month. The sales trend shows a six-year high for each month thus far in 2013 and 23 consecutive month of increased sales.

Sales charts courtesy of the Cincinnati Area Board of Realtors®

Sales charts courtesy of the Cincinnati Area Board of Realtors®

  • Sales in May 2013 were up 17.7% as compared to April 2013
  • 11.2% increase in average home-selling price ($165,750 May 2013 vs $158,017 May 2012)
  • Inventory of homes for sale declined (10,386 homes May 2013 vs 12,298 May 2012), but May inventory increased 2.3% as compared to April 2013

With the current inventory of homes available, the homes currently on the market (if priced competitively and move-in ready) are in position to sell fast.