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Greater Cincinnati 

Market Report

August 2021


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August 2021 Greater Cincinnati Market Report

Sue Besl Price

There are two things that I believe must remain constant in today’s fast paced real estate world - integrity and exceptional service. As the pr...

There are two things that I believe must remain constant in today’s fast paced real estate world - integrity and exceptional service. As the pr...

Sep 27 2 minutes read

If you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the Greater Cincinnati market.

Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you to sell your home.

Our market report showcases everything you need to know about local real estate trends.

While the Cincinnati housing market continues to be marked by strong sales prices, August marked the largest average price adjustment of homes on the market since before 2019.  In July, the average price adjustment was a decrease of 4.4%, which matched the largest adjustment in October and December 2019.  In August, the average price adjustment was a decrease of 5%. There was also an increased number of price adjustments made. In August, there was total of 1,060 price adjustments, the highest number of adjustments since November 2019.  Gung ho Sellers trying to capitalize on the market in spring and early summer have now begun decreasing prices to generate interest and offers.


 

3,097

New Listings

(YTD Up  4.8%)

2,361

Active Listings

(YTD Down -4.1%)

2,597

Closed Sales

(YTD Down -6.4%)

 

$291,796

Average Sale Price

(YOY Up 12%)


37

Average DOM

(YTD Down -16%)

.9

Months of Supply


Homes Sold

101.4%

Sale-to-List Price


Curious about what
your home is worth now?

We're able to explain what these numbers mean for you and your home's current market value. 

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