Northern Kentucky home sales report March 2023

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 March 2023:

CINCINNATI OHIO / SOUTHEASTERN INDIANA

March 2023 vs March 2022

-15.2% Decrease in homes sold (1,504 homes)
3.0% Increase in median sale price ($258,500)
-12.5% Decrease in sales volume ($4,66,527,919)
33.5% Increase in active homes for sale (1,315 units)
-19.3% Decrease in new listings (1,860 units)
Median days on market: 3

January–March 2023 vs January–March 2022

-22.9% Decrease in homes sold (3,473 vs 4,505 homes)
3.3% Increase in median sale price ($250,000 vs $242,000)
-18.5 Decrease in sales volume ($1,063,845,244 vs $1,305,566,731)

Statistics courtesy of Realtors Alliance of Greater Cincinnati March 2023 Home Sales Report

DAYTON AND SPRINGFIELD OHIO

March 2023 vs March 2022

-10.63% Decrease in homes sold (1,135 homes vs 1,270 homes)
6.53% Increase in average sale price ($246,564 vs $231,464)
8.18% Increase in median sale price ($205,000 vs $189,500)
-4.80% Decrease in sales volume ($279,850,529 vs $293,959,452)

January–March 2023 vs January–March 2022

-10.13% Decrease in homes sold (3,529 homes vs 3,927 homes)
6.51% Increase in average sale price ($235,457 vs $221,057)
8.79% Increase in median sale price ($198,000 vs $182,000)
-9.46% Decrease in sales volume ($660,457,666 vs $729,487,879)

Statistics courtesy of Dayton Realtors’ March 2023 Home Sales Report