Breaking Records! December 2020 Local Home Sales Report

Local home sales report Dec 2020

Home sales increased for all regions in December. In Greater Cincinnati, the area set a record for the most home sales of any December. In Northern Kentucky, sales records for 2020 broke previous records for homes sales and volume. In the Dayton region, homes ended the year increasing 12% in December with sale volume improving by over 28% for the month.

Mortgage rates are low. Home values are high. It’s a great time to list your home for sale and for buyers to find their dream home.

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

CINCINNATI / SOUTHEASTERN INDIANA

December 2020 vs December 2019

  • 21.04% Increase in homes sold (2,267 homes vs 1,873 homes)
  • 12% Increase in average sale price ($254,705 vs $227,242)
  • 19.44% Increase in median sale price ($215,000 vs $180,000)
  • 35.66% Increase in gross sales volume ($577,416,950 vs $425,623,937)

January–December 2020 vs January–December 2019

  • 3.55% Increase in homes sold (26,687 homes vs 25,772 homes)
  • 9.51% Increase in average sale price ($247,626 vs $226,124)
  • 12.5% Increase in median sale price ($207,000 vs $184,000)
  • 13.4% Increase in gross sales volume ($6,608,397,521 vs $5,827,659,825)

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

DAYTON

December 2020 vs December 2019

  • 12.16% Increase in homes sold (1,448 homes vs 1,291 homes)
  • 14.87% Increase in average sale price ($199,665 vs $173,816)
  • 19.11% Increase in median sale price ($172,0000 vs $144,400)
  • 28.84% Increase in gross sales volume ($289,114,444 vs $224,396,006)

January–December 2020 vs January–December 2019

  • 3.96% Increase in homes sold (17,283 homes vs 16,625 homes)
  • 11.19% Increase in average sale price ($196,897 vs $177,087)
  • 11.84% Increase in median sale price ($170,000 vs $152,000)
  • 15.59% Increase in sales volume ($3,402,979,256 vs $2,944,065,136)

Statistics courtesy of Dayton Realtors December 2020 Home Sales Report

NORTHERN KENTUCKY

December 2020 vs December 2019

  • 19.2% Increase in homes sold (658 homes vs 552 homes)
  • 10.80% Increase in average sale price ($238,213 vs $214,985)
  • 9.74% Increase in median sale price ($209,000 vs $190,450)
  • 32.08% Increase in sales volume ($156,774,336 vs $118,671,931)

January–December 2020 vs January–December 2019

  • 7.58% Increase in homes sold (7,849 homes vs 7,296 homes)
  • 10.49% Increase in average sale price ($229.263 vs $207,503)
  • 12.85% Increase in median sale price ($202,000 vs $179,000)
  • 18.86% Increase in sales volume (1,799,490,427 vs $1,513,944,214)

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

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Southeastern Indiana Home Sales Increase by 23 Percent in May

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Home sales volume increased by 23% in May for Southeastern Indiana. Here is a breakdown of sales for the month for this region:

May 2014 versus May 2013

  • 23% Increase in gross sales volume ($14.3 million vs $11.4 million)
  • 15% Increase in home sales units (99 homes vs 86 homes)
  • 4.2% Increase in average sale price ($145,278 vs $139,813)
  • 9.1% Increase in median sale price ($140,000 vs $127,200)

Year To Date Sales: January – May 2014 versus January – May 2013

  • 2.0% Increase in gross sales volume
  • 6% Decrease in home sales units (381 homes vs 404 homes)
  • 8.21% Increase in average sale price ($135,934 vs $125,620)
  • 5.0% Increase in median sale price ($119,000 vs $113,500)

Sibcy Cline Sales: May 2014 versus May 2013

  • $220,625 average sale price ($80,000 above the board average)
  • $211,000 median sale price ($71,000 above the board average)

Sibcy Cline Sales: Year To Date Sales: January – May 2014 versus January – May 2013

  • $208,220 average sale price ($72,000 above the board average)
  • $167,000 median sale price ($48,000 above the board average)

 

Data: Southeastern Indiana Board of Realtors Home Sold Report, 6/4/14

Southeastern Indiana Homes Sales for 2013 Highest Since 2006

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Great news for homeowners in Southeastern Indiana. Home sales for 2013 were the highest since 2006. Here are the details:

2013 versus 2012

  • 10.5% Increase in home sales (1,042 homes vs 943 homes)
  • 12.5% Increase in sales volume ($133.1 million vs $120.6 million)
  • 1.6% Increase in median sale price ($122,000 vs $120,000)
  • Average sale price had a slight decrease ($127,742 vs $127,880)

The 2013 sales unit volume was the highest for the Southeastern Indiana Board of Realtors since 2006 and was the third highest in the board’s history. This is the fourth consecutive year for median price appreciation in Southeastern Indiana.

December 2013 versus December 2012

  • 6.5% Increase in home sales (98 homes vs 92 homes)
  • 12.6% Increase in sales volume ($12.099 million vs $10.745 million)
  • 9.9% Decrease in median sale price ($109,801 vs $122,000)
  • 5.7% Increase in average sale price ($122,464 vs $116,801)

Sibcy Cline’s Home Sale Statistics – 2013 vs 2012

  • 36.6% Increase in home sales
  • $180,794 Average sale price
  • $175,450 Average median price

Sibcy Cline’s Southeastern Indiana agents sold homes for $53,000 more than the average sale price of the Southeastern Indiana Board of Realtors with an average median sale price $65,640 higher than the board’s.

Statistics source: Rick McMillin, Vice President/Sales Manager of the Sibcy Cline Harrison office and the Southeastern Indian Board of Realtors Home Sold Report, January 3, 2014.

Southeast Indiana Sibcy Cline Sales Volume Increased 144 Percent

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Rick McMillan, Vice President/Sales Manager of the Sibcy Cline Harrison office has reported the office’s January – May 2013 sales with a 144% increase in sales volume as compared to the same time period in 2012.

  • Sales units increased 100%
  • Median sale price increased 13.8% to $169,000

The Southeastern Indiana Board of Realtors MLS Home Sold Report for May 2013 showed overall sales for the region to be about the same as May 2012:

  • $132,813 Average sale price (versus $138,709 in May 2012) – 4% reduction
  • $127,200 Median sale price (versus $125,000 in May 2012) – 1.76% increase

Note: The Sibcy Cline Harrison office covers Southeastern Indian and the Harrison, Ohio region.