Dayton Home Sales Rise in January

Dayton_Evening_BridgeHomes are selling in Dayton, Ohio. In January, the region saw a 12.95% increase in home sales as compared to January 2015. Here are the statistics:

January 2016 vs January 2015

  • 12.95% Increase in home sales (820 homes vs 726 homes)
  • 8.8% Increase in sales volume
  • .97% Increase in % sale/list price (.97% vs .95.67%)
  • -3.06% Decrease in median sale price ($104,700 vs $108,000)
  • -3.39% Decrease in average sale price ($124,943 vs $129,328)

It’s a great time to list and sell your home. Mortgage rates are still low and the inventory of homes for sale remains low.

Look at homes for sale here.

Statistics courtesy of: Dayton Area Board of Realtors Home Sales Report, January 2016

 

Cincinnati Home Sales in January – One of the Best Ever

Cincinnati Ohio Skyline at NightCincinnati home sales for January 2016 were strong and was one of the best Januarys ever with a 9.6% increase as compared to January 2015. Here are the statistics for the month:

January 2016 vs January 2015

  • 9.62% Increase in homes sold (1,367 homes vs 1,247 homes)
  • 11.79% Increase in gross sales volume
  • 1.97% Increase in average sale price ($166,178 vs $162,964)
  • 8.55% Increase in median sale price ($127,000 vs $117,000)

With a low inventory of homes for sale, the average price of properties has continued to climb.

Now is the time to list your home to sell. Demand for quality homes is high. Mortgage interest rates ares still low.

Look at homes for sale here.

Statistics courtesy of: Cincinnati Area Board of Realtors Home Sales Report, January 2016

Cincinnati Home Sales Up Almost Seven Percent Year To Date

Cincinnati_Skyline_Pink
January through November home sales in Greater Cincinnati remains strong, up 6.8 percent as compared to a year ago. Here are the November statistics:

November 2015 vs November 2014

  • -2.82% Decrease in home unit sales (1,517 vs 1,561)
  • .92% Increase in sales volume
  • 3.85% increase in average sale price ($176,348 vs $169,813)
  • 5.31% Increase in median sale price ($136,900 vs $130,000)

January – November 2015 vs January – November 2014

  • 6.83% Increase in home unit sales (22,441 vs 21,006)
  • 9.94% Increase in sales volume
  • 2.91% increase in average sale price ($180,896 vs $175,778)
  • 4.03% Increase in median sale price ($142,000 vs $136,500)

Look at homes for sale here.

Statistics courtesy of: Cincinnati Area Board of Realtors Home Sales Report, November 2015

Dayton Has Six Percent Increase in Home Sales in November

Dayton, Ohio and the Great Miami River (P)
The Dayton, Ohio region had an increase in sales in November with a 5.59% increase as compared to November 2014. Here are the statistics:

November 2015 vs November 2014

  • 5.59% Increase in unit home sales (994 vs 894)
  • 7.34% Increase in sales volume
  • 2.21% Increase in median home sale price ($115,000 vs $113,000)
  • 2.13% Increase in average home sale price ($136,543 vs $133,465)

January – November 2015 vs January – November 2014

  • 11.30% Increase in unit home sales (13,500 vs 12,129)
  • 16.19% Increase in sales volume
  • 4.35% Increase in median home sale price ($120,000 vs $115,000)
  • 5.05% Increase in average home sale price ($140,640 vs $133,882)

Look at homes for sale here.

Statistics courtesy of: Dayton Area Board of Realtors Home Sales Report, November 2015

 

Third Quarter Home Sales Is Outpacing Last Year in Northern Kentucky

Bridge in Cincinnati
Home sales in Northern Kentucky are still strong and year to date the region has seen a 4 percent in the number of homes sold. For the month of September, the average sale price increased almost 7 percent as compared to September 2014. Here are the statistics:

January – September 2015 vs January – September 2014

  • 3.58% Increase in homes sold (4,745 vs 4,579 homes)
  • 5.54% Increase in average sale price ($163.611 vs $155,016)
  • 6.34% Increase in median sale price ($142,500 vs $134,000)
  • 9.32% Increase in sales volume
  • 73 days average days in market (vs 80 days in 2014)

September 2015 vs September 2014

  • -.18% Decrease in homes sold (545 vs 546 homes)
  • 6.63% Increase in average sale price ($164,872 vs $154,622)
  • 6.79% Increase in median sale price ($139,900 vs $131,000)
  • 6.43% Increase in sales volume
  • 70 days average days in market (vs 80 days in 2014)

It’s a great time to sell and buy a home. Look at homes for sale here.

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

 

September Home Sales Rise Over 12 Percent in Cincinnati

Cincinnati
Home sales in September 2015 were strong with a 12.49% increase over September 2014. Here are the statistics:

September 2015 vs September 2014

  • 12.49% Increase in homes sold (2,224 homes vs 1,977 homes)
  • 9.96% Increase in sales volume
  • -2.25% Decrease in average sale price ($175,530 vs $179,659)

January – September 2015 vs January – September 2014

  • 7.90% Increase in homes sold (18,822 homes vs 17,444 homes)
  • 11.54% Increase in sales volume
  • 3.38% Increase in average sale price ($182,180 vs $176,229)

Chart

Mortgage interest rates remain low and are still lower than rates from September 2014.

It’s a great time to buy and sell a home. See homes for sale here.

Statistics courtesy of: Cincinnati Area Board of Realtors September 2015 Home Sales Report

Reasons for Buyers to Use An Agent


Why use an agent when buying a home? From start to finish, your agent will look out for your best interests.

Your Interests Will Be Represented
A listing agent has the responsibility to represent the seller of the home. That agent cannot fully represent both the buyer and the seller. With a “buyer agency” – a single agent for the buyer – this agent looks out for the best interests of you, buyer.

What Your Agent Will Do For You
Your agent will show you all homes that are of interest to you and meet your criteria. Information needed such as current market analyses of areas of interest will also be supplied by your agent.

When you make an offer on a home, your agent will write the offer and negotiate the best possible price for the home. Having an agent at your side, you will have a professional who can advise you, provide solutions to issues and work through the closing process with you.

Looking for a real estate agent? Go here!

 

 

Interesting Property “Claws”…

1438207_43852058A family in Australia was recently able to sell their home with a little help from the family pet. Tiffany, the seller’s cat, so endeared herself to the children of potential buyers, one family offered $140,000 above the asking price, if Tiffany the cat was included in the deal.

That’s right! The buyers wanted to keep the cat and were willing to pay a handsome price for it. The sellers were sad to leave their pet behind, but said they anticipate a trip to the local shelter in the near future.

So, what’s the strangest thing you’ve ever negotiated into a contract?

Make Your Condominium Look Larger When Selling

CondoSelling a condominium can be a challenging task. There are many selling points such as low- or no-maintenance living and the close proximity of amenities. The challenging part can be maximizing the space and creating an environment that shows well to potential buyers. Here are a few tips on how to go from cramped to cozy in a small condo:

1. Paint – Light, Bright, and Consistent
Studies show lighter colors are often more inviting and give off the perception of a larger space. It’s also important to make sure the ceiling color is lighter than that of the walls; this “tricks” the brain into thinking the ceilings are higher.

Consider painting all your rooms the same color. Different hues in different rooms create the illusion of division, making spaces seem smaller and more segmented. One neutral color will create an open and flowing environment.

2. Let’s talk about the kitchen…
Keep things uniform. Update countertops, backsplash, and cabinet handles but make sure everything matches and stays in a light, neutral zone. Remember, you’re not making these changes to satisfy your own style or taste. You want buyers to be able to imagine themselves in this space, not feel like they’re invading your space. Continue reading

Northern Kentucky June Home Sales Up 6 Percent

growth in construction
June was a strong month for Northern Kentucky home sales with a 6% increase as compared to June 2013.

June 2014 versus June 2013

  • 6.02% Increase in units sold (599 vs 565)
  • 6.88% Increase in sales volume
  • .81% Increase in average sold price ($163,510 vs $162,192)
  • -2.4% Decrease in median sold price ($142,500 vs $146,000)

January – June 2014 versus January – June 2013

  • 1.27% Increase in units sold (2,801 vs 2,766)
  • -0.06% Decrease in sales volume
  • -1.31% Decrease in average sold price ($152,349 vs $154,375)
  • -1.85% Decrease in median sold price ($132,500 vs $135,000)

The number of new listings has risen each month in 2014 with 2,806 current active listings. Although listing inventory is down as compared to prior years, the smaller number of homes available for sale has driven average selling prices higher.