July 2021 Greater Cincinnati Market Report
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.
July showed an interesting shift in the market. Compared to June 2021, the total sold volume is down $152,614,612 a decrease of 19.5%. While the Median Sold price is up 12.5% from July 2020, it is down 2.6% from June 2021. The Cincinnati area real estate market tends to follow a consistent trend throughout the years. While a lot of factors go into these trends, we never experienced an active inventory peak in 2020 like we have sin previous years. In fact, mid-2019 into 2021 saw a mostly downward trend.
(YTD Down -4.0%)
(YTD Down -13.5%)
(YTD Down -12.67%)
(YTD Down -26.2%)
Average Sale Price
(YTD Down -12.16%)
(YTD Down -62.50%)
Months of Supply