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

花火8Take a look at our regional home sales report for February 2020. Home sales increased in all areas. Home values are still on the rise. See regional home-sale reports below.

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

CINCINNATI / SOUTHEASTERN INDIANA

Average home prices increased for the 11th straight month. February home sales were the second best on  record since 2006.

February 2020 vs February 2019

  • 6.65% Increase in homes sold (1,571 homes vs 1,473 homes)
  • .24% Increase in average sale price ($216,378 vs $215,861)
  • .06% Increase in median sale price ($176,600 vs $176,500)
  • 6.91% Increase in gross sales volume ($339,929,751 vs $317,963,445)

January–February 2020 vs January–February 2019

  • 7.58% Increase in homes sold (2,925 homes vs 2,719 homes)
  • 4.03% Increase in average sale price ($217,846 vs $209,399)
  • 3.88% Increase in median sale price ($176,500 vs $169,900)
  • 11.92% Increase in gross sales volume ($637,198,842 vs $569,355,886)

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

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DAYTON

In February, the Dayton area saw a gain in home sales as well as average and median sale prices.

February 2020 vs February 2019

  • 9.51% Increase in homes sold (1,002 homes vs 915 homes)
  • 9.22% Increase in average sale price ($175,085 vs $160,308)
  • 8.15% Increase in median sale price ($149,250 vs $138,000)
  • 19.60% Increase in sales volume ($175,434,750 vs $146,682,119)

January–February 2020 vs January–February 2019

  • 7.07% Increase in homes sold (2,794 homes vs 2,581 homes)
  • 12.81% Increase in average sale price ($172,389 vs $152,819)
  • 11.58% Increase in median sale price ($145,000 vs $129,950)
  • 20.78% Increase in sales volume ($334,089,446 vs $276,601,986)

Statistics courtesy of Dayton Realtors February 2020 Home Sales Report

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NORTHERN KENTUCKY

Home sales increased by over six percent in February. Average and median sale prices also increased.

February 2020 vs February 2019

  • 6.47% Increase in homes sold (461 homes vs 433 homes)
  • 8.99% Increase in average sale price ($207,561 vs $190,449)
  • 6.13% Increase in median sale price ($173,000 vs $163,000)
  • 16.03% Increase in sales volume ($95,686,062 vs $82,464,652)

January–February 2020 vs January–February 2019

  • 9.80% Increase in homes sold (874 homes vs 796 homes)
  • 8.15% Increase in average sale price ($207,250 vs $191,637)
  • 7.58% Increase in median sale price ($175,000 vs $162,665)
  • 18.74% Increase in sales volume ($181,136,828 vs $152,543,137)

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

 

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February 2019 Home Sales Report for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana

All regions had an increase in average sale price during February. 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: Downtown Harrison, Ohio.)

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

Cincinnati
Average sale price set a record for 32 consecutive months of increased prices.

February 2019 vs February 2018

  • -2.4% Decrease in homes sold (1,464 homes vs 1,501 homes)
  • 14.09% Increase in average sale price ($215,342 vs $188,755)
  • 14% Increase in median sale price ($176,700 vs $155,000)
  • 11.27% Increase in gross sales volume ($315,260,520 vs $283,320,570)

January–February 2019 vs January–February 2018

  • -4.95% Decrease in homes sold (2,708 homes vs 2,809 homes)
  • 8.84% Increase in average sale price ($209,012 vs $192,032)
  • 9.61% Increase in median sale price ($169,900 vs $155,000)
  • 3.46% Increase in gross sales volume ($566,003,794 vs $547,098,597)

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

Dayton
In Dayton, there was an increase in the number of homes sold as well as sales volume.

February 2019 vs February 2018

  • 3.74% Increase in homes sold (915 homes vs 882 homes)
  • 4.15% Increase in average sale price ($160,308 vs $153,923)
  • 6.24% Increase in median sale price ($138,000 vs $129,900)
  • 8.04% Increase in sales volume ($146,682,119 vs $135,760,485)

January–February 2019 vs January–February 2018

  • 4.50% Increase in homes sold (1,810 homes vs 1,732 homes)
  • 2.05% Increase in average sale price ($152,819 vs $149,753)
  • 2.77% Increase in median sale price ($129,950 vs $126,450)
  • 6.64% Increase in sales volume ($276,601,986 vs $259,371,850)

Statistics courtesy of Dayton Realtors February 2019 Home Sales Report

Northern Kentucky
The average sales price rose by over 5% as compared to February 2018.

February 2019 vs February 2018

  • -6.24% Decrease in homes sold (406 homes vs 403 homes)
  • 5.13% Increase in average sale price ($190,843 vs $181,529)
  • 3.16% Increase in median sale price ($163,000 vs $158,000)
  • -1.42% Decrease in sales volume ($77,482,307 vs $78,602,067)

January–February 2019 vs January–February 2018

  • -11.15% Decrease in homes sold (757 homes vs 852 homes)
  • 7.75% Increase in average sale price ($191,802 vs $178,003)
  • 1.73% Increase in median sale price ($162,000 vs $159,250)
  • -4.26% Decrease in sales volume ($145,194,694 vs $151,659,332 )

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

Southeastern Indiana
The Southeastern Indiana region had increases in average sale price and median sale price as compared to January 2018.

February 2019 vs February 2018

  • 8.7% Increase in homes sold (75 homes vs 69 homes)
  • 18.7% Increase in average sale price ($162,997 vs $137,340)
  • 3.1% Increase in median sale price ($133,000 vs $129,000)
  • 29% Increase in sales volume ($12,224,801 vs $9,476,450)

January–February 2019 vs January–February 2018

  • -17.3% Decrease in homes sold (124 homes vs 150 homes)
  • 5.2% Increase in average sale price ($164,164 vs $156,000)
  • 7.6% Increase in median sale price ($147,250 vs $136,875)
  • -10.2% Decrease in sales volume ($20,356,301 vs $22,661,969)

Statistics courtesy of Rick McMillin – Southeastern Indiana Board of Realtors MLS Homes Sold Report dated March 22, 2019.

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