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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 Update December 2017

The Warren County Ohio real estate market continues to slow, but that is typical for the time of year. There are fewer homes on the market and fewer homes under contract. However, there are still buyers looking for the perfect match, so waiting until Spring to put your home on the market might not be necessary.

Stick with us for a quick overview of this month’s stats.

Shaker Run golf community Lebanon Ohio
Warren County Residential Sales Summary (single family homes & condos):

Number of Homes For Sale 12/1/17: 675 (DOWN 71 from 746 11/1/17)

Number of Homes Under Contract (Pending) 12/1/17: 336 (DOWN 94 from 430 11/1/17)

Number of Homes SOLD in November: 275 vs 243 last month (as of December 1 UP 32)

Average Sales Price: $297,021 vs. October’s $243,206

Average Cumulative Days on Market for SOLD homes: 66 vs 46 in October

Median Sales Price: $249,900 vs. October’s $209,000

Median Cumulative Days on Market for SOLD homes: 27 vs. 24

Minimum Price Sold: $20,000

Maximum Price Sold: $2,500,000

What are the key takeaways?

  • The norm for this time of year:  fewer homes on the market, longer time to sell, etc.
  • What wasn’t the norm? FOUR homes sold for more than $1 million, and the $2.5 million dollar sale is the first over $2 million we’ve seen in quite awhile! Mason’s Long Cove accounted for #1 and #2 on the list of most expensive.  The “small” home of the pair was over 7200 sq ft, and the larger home at 11,000 sq ft.
  • Prices rose, but thank the proportion of luxury homes selling. 21 homes sold for $500k or more.
  • New construction entered in MLS and sold was 37 homes, and those are just the ones reported in Cincinnati MLS. Made to order homes are often not reported. New construction accounts for 194 of the 675 homes listed in MLS and NOT under contract.
  • Distressed (short sales and foreclosures) continued to be insignificant this month with 2 foreclosures and 3 short sales in the 275 sold homes. Currently the 675 homes for sale include 10 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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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 Real Estate Market Report November 2017
Warren County Ohio Real Estate Market Update January 2018 »

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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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