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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 January 1, 2015

Happy New Year everyone!  Old Man 2014 has turned the page and Baby New Year 2015 has entered the stage!  What will 2015 bring?  Whatever it does, we’ll be bringing you the latest information throughout the year!  For now, let’s review December and close out 2014!

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

Number of Homes For Sale 1/1/15:  928 (DOWN 114 from 1042 12/1/14)

Number of Homes Under Contract (Pending) 1/1/15: 280 (DOWN  79 from 359 12/1/14)

Number of Homes SOLD in December: 197 vs 162 last month (as of December 1)  UP 35

Average Sales Price: $230,421 vs. November’s $241,824

Average Cumulative Days on Market for SOLD homes:  86 vs 76

Median Sales Price:  $198,000 vs. November’s $187,250

Median Cumulative Days on Market for SOLD homes:  49 vs. 50

Minimum Price Sold:  $19,000

Maximum Price Sold:  $755,000

What are the key takeaways? 

  • Inventory continues to drop as homes being sold and going under contract are not being replaced by homes newly placed on the market.  Combine that with some sellers taking their home off the market for the holiday season and you get slimmer choice if you’re looking to buy. 
  • Actual quantity of homes sold actually went UP when compared to November.
  • Time on market remained relatively the same and prices are in the same general area without any large moves.
  • Distressed (short sales and foreclosures) continue to be a fairly small segment of Warren County homes for sale, and their involvement in the market continues to be minimal.  The 928 homes for sale include 34 foreclosed homes and 28 short sales.  Of the 197 homes sold in November, 19 were foreclosures and 3 were short sales.

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.

Posted in: Market Reports Tagged: market report

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As local Warren County Ohio 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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« Warren County Ohio Foreclosure Update: Sheriff’s Sales through 02/02/2015
Warren County Ohio Real Estate Market Snapshot February 1, 2015 »

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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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