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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 October 2018

 

rivers bend homes for sale

2018 is already 3/4 of the way over?  That was fast!!  So how did the Warren County real estate market perform in  the 3rd quarter?  Typically the real estate market slows down this time of year, so did that actually happen this year?

 

 

What do the stats have to tell us about the Warren County Ohio real estate market?

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

Number of Homes For Sale 10/1/2018:  746 (DOWN  48 from 750 9/1/18)

Number of Homes Under Contract (Pending) 10/1/18: 391 (DOWN 36 from 427 9/1/18)

Number of Homes SOLD in September: 242 vs 286 last month (as of  October 1 DOWN 44)

 

 

Average Sales Price: $258,710 vs. August’s $276,922

Average Cumulative Days on Market for SOLD homes:  364 vs 34 in August

Median Sales Price:  $216,000 vs. August’s $234,950

Median Cumulative Days on Market for SOLD homes: 13 vs. 11

 

 

Minimum Price Sold:  $58,500

Maximum Price Sold:  $1,750,000

What are the key takeaways? 

  • As expected, the market IS slower than the month prior.  Fewer homes for sale, fewer under contract, fewer sold.  All this is normal.   There will STILL be many homes sold before the end of this year.
  • Time to sell is still, staying under 2 weeks from market to contract for half the homes under contract.
  • 15 homes sold in the luxury category ($500,000 or more).
     

  • New construction entered in MLS and sold was 8 homes, and those are just the ones reported in Cincinnati MLS.  Made to order homes are often not reported.  New construction accounts for 199 of the 746 homes listed in MLS and NOT under contract.
  • Distressed (short sales and foreclosures) continued to be minimal this month with 6 foreclosures and 2 short sales in the 242 sold homes.  Currently the 746 homes for sale include 5 foreclosed homes and 1 short sale.

 

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 Tagged: market report

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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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