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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