|
|||||||||||||||||||||||||||
CINCINNATI MARKET UPDATE October 11, 2022 – Hamilton, Butler, and Warren County home sales dropped 11.4% in September from August sales. The active inventory is up 5.4% from August and 7.1% from the same period in 2021. The median sales price in September 2022 decreased 7.4% from August 2022 to $250,000. This is 0.4% higher than in September 2021. “After years of a booming housing market, higher mortgage rates have cut into buying,” says Kay Edwards, REALTOR® Alliance of Greater Cincinnati (RAGC) President. “While sellers are hitting pause, buyers still on the market can expect less competition and slightly lower prices this fall.” 1,607 listings closed in September, down 11.4% from August 2022 and down 17.8% from September 2021. The number of new listings in the market declined 14.0% from August and 18.9% from the same period the prior year. September ended the month with 1,661 units of active inventory, up 4.4% from August 2022, and up 7.1% from September 2021. This is still lower than the 3,298 units of inventory in September 2018. Original Source : https://www.cabr.org/our-media/press-releases/ |
  |
||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||
