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Warren County Ohio Real Estate For Sale

The Liz Spear Team of RE/MAX Alliance Serving Cincinnati to South Dayton

Elizabeth & William Spear, REALTOR®
RE/MAX Alliance Serving Cincinnati to South Dayton

513-520-5305
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Warren County Ohio Real Estate Market Snapshot December 2, 2015

A quick snapshot of the Warren County market
A quick snapshot of the Warren County market

It’s December and the weather has been unusually warm for this time of year!  Hard to believe Christmas is just a few weeks away! 

Local real estate is slower than peak summer months but still busy. The number of homes for sale is shrinking and there are also fewer under contract and fewer sales completed, but none of this is unusual for this time of year.   Let’s take a quick look and see what the November stats tell us about the Warren County Ohio residential home market.


Warren County Residential Sales Summary (single family homes & condos):

Number of Homes For Sale 12/2/15:  911 (DOWN 102 from 1013 11/1/15)

Number of Homes Under Contract (Pending) 12/2/15: 392 (DOWN  32 from 424 11/1/15)

Number of Homes SOLD in November: 186 vs 222 last month (as of  November 1)  DOWN 36)

Average Sales Price: $255,239 vs. October’s $241,643

Average Cumulative Days on Market for SOLD homes:  81 vs 72 in October

Median Sales Price:  $207,450 vs. October’s $208,950

Median Cumulative Days on Market for SOLD homes:  34 vs. 38

Minimum Price Sold:  $17,000

Maximum Price Sold:  $1,310,000

 

What are the key takeaways? 

  • Still PLENTY going on despite the market slowdown.  Definitely fewer homes on the market (that’s a significant drop since last month), but 392 under contract is still a LOT of homes under contract!   
  • Average price went up and median is down so slightly as to be practically the same.
  • Time to sell was actually a little shorter than the previous month.
  • And as usual, there’s a HUGE difference within Warren County from the cheapest home to the most expensive home!
  • Distressed (short sales and foreclosures) continue to be a fairly small segment of Warren County homes for sale.  Currently the 911 homes for sale include 20 foreclosed homes and 12 short sales.  Of the 186 homes sold in November, 11 were foreclosures and 1 were short sales. 
  • Bottom line, if you need to sell a home, there’s still enough activity to support getting our marketing to work for you.  If you’re thinking about buying, there’s inventory out there, although some area price segments are slender for choice.

Still have questions about the local real estate market or want an in depth analysis of YOUR particular neighborhood and home?   Call us at 513-520-5305 or email at Liz@LizSpear.com. No hassle, no pressure.  Whether you want to go on the Warren County market tomorrow, or next year, there’s value in knowing your specific options.

Serving Warren County’s residential real estate needs,
Liz and Bill aka BLiz

Posted in: Market Reports

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Warren County Ohio
Real Estate For Sale

513-520-5305 Office

Liz@LizSpear.com

RE/MAX Alliance
5720 Gateway Blvd, Suite 203
Mason, OH 45040

Liz License SAL.2002007747
Bill License SAL.2004011109

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Search Smarter!

Did you know the hottest homes for sale in Warren County often sell within days of being listed? Don't miss out! Set up your own custom property alert so you can be notified of the newest homes as they hit the market! Simply click the button below and choose the qualities that you want most in a home and save your search to start getting alerts today!

Join Deal Alert

As local Warren County Real Estate Agents we also have access to homes before they hit the market and can show you more homes and information that are only accessible in the MLS. If you would like to set up a time to go over your real estate needs, please free to contact us at your convenience. There is no obligation and or pressure... we hope to hear from you!

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