Tag Archives: home sales in Northern Kentucky

August 2022 Local Home Sales Report: Cincinnati; Northern Kentucky; Southeastern Indiana; Dayton and Springfield, Ohio

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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 August 2022:

CINCINNATI OHIO / SOUTHEASTERN INDIANA

August 2022 vs August 2021

-17.2% Decrease in homes sold (1,762 homes)
8% Increase in median sale price ($270,000)
-10.7% Decrease in sales volume ($571,214,486)
.2% Increase in active homes for sale (1,607 units)
-17.2% Decrease in new listings (1,985 units)
Median days on market: 5

Year To Date 2022 vs Year To Date 2021

-7.3% Decrease in homes sold (13,096 homes vs 14,132 homes)
8.3% Increase in median sale price ($260,000 vs $240,000 )
.3% Increase in sales volume ($4,160,652,936 vs $4,149,745,872)

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

DAYTON AND SPRINGFIELD OHIO

August 2022 vs August 2021

.31% Increase in homes sold (1,614 homes vs 1,609 homes)
9.62% Increase in average sale price ($246,211 vs $224,602)
10.56% Increase in median sale price ($209,950 vs $189,900)
9.96% Increase in gross sales volume ($397,385,148 vs $361,384,114

Year To Date 2022 vs Year To Date 2021
-2.30% Decrease in homes sold (13,525 homes vs 13,844 homes)
11.15% Increase in average sale price ($242,484 vs $218,169)
10.81% Increase in median sale price ($205,000 vs $185,000)
8.33% Increase in gross sales volume ($2,678,719,683 vs $2,472,725,989)

Statistics courtesy of Dayton Realtors August 2022 Home Sales Report

NORTHERN KENTUCKY

August 2022 vs August 2021

-6.36% Decrease in homes sold (677 homes vs 723 homes)
5.24% Increase in average sale price ($287,383 vs $273,078)
4.17% Increase in median sale price ($250,000 vs $240,000)
-1.46% Decrease in sales volume ($194,558,532 vs $197,435,643)

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

-8.09 Decrease in homes sold (4,748 homes vs 5,166 homes)
11.61% Increase in average sale price ($289,254 vs $259,164)
10.13% Increase in median sale price ($250,000 vs $227,000)
2.58% Increase in sales volume ($1,373,305 vs $1,338,844,159)

Statistics courtesy of N Kentucky Association of Realtors®

Look at local homes for sale.

Northern Kentucky Home Sales Top One Billion in Sales Volume in 2015

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growth in constructionThe Northern Kentucky Association of Realtors reports residential home sales for 2015 with over $1 billion in sales volume. This is the first year since 2006 that sales exceeded one billion dollars.

December 2015 vs December 2014

  • 31.94% Increase in home sales units (536 vs 407)
  • 1.70% Increase in average home sale price ($162,381 vs $159,662)
  • 5.03% Increase in median sale price ($140,000 vs $133,299)
  • 34.19% Increase in sales volume
  • 73 days average days on market (vs 81 average days on market in 2014)

January – December 2015 vs January – December 2014

  • 6.40% Increase in home sales units (6,336 vs 5,955)
  • 5.73% Increase in average home sale price ($164,309 vs $155,404)
  • 6.42% Increase in median sale price ($142,500 vs $133,900)
  • 12.49% Increase in sales volume ($1,041,059,486 vs $925,429,315)
  • 73 days average days on market (vs 80 average days on market in 2014)

Look for homes for sale here. It’s a great time to sell a home and purchase a new one. Home values are rising and mortgage interest rates are still low.

Statistics courtesy of: Northern Kentucky Association of Realtors Home Sales Report, December 2015