The real estate market in Cincinnati in September 2012 saw 154 more property sales than the previous year, with listings taking 10 days longer to sell on average. There were 15% more properties under contract compared to 2011 and 17% fewer total listings for sale. The average sales price increased 4% or $5,500 from 2011 levels, while the monthly supply of inventory was 41% lower.
2. September 2012
For Cincinnati comparing 2011 to 2012 there are . . .
•154 more Properties sold than this time last year
•Listings have been selling 10 days slower in September2012
•15% more listings under contract compared to 2011
•17% less listings for sale in 2012
•Average sales price has increased in 2012 by 4% or $5,500
•41% less monthly supply of inventory in 2012
3. September 2012
2,000
Number of Properties Sold
1,800
1,600
1,400
1,200
1,000
800
600
400
200
-
6. September 2012
17,500
Number of Listings For Sale
17,000
16,500
16,000
15,500
15,000
14,500
14,000
13,500
13,000
7. September 2012
Average Sales Price
$140,000
$120,000
$100,000
$80,000
$60,000
$40,000
$20,000
$-
8. September 2012
Monthly Supply of Inventory
12.0
10.0
8.0
6.0
4.0
2.0
0.0
9. September 2012
Data provided by Terradatum.
The above representation is based in whole or in part on data from the local
Multiple Listing Service for the time period indicated. RE/MAX, the Multiple
Listing Service, and the member Associations of REALTORS do not guarantee or
are in any way responsible for the data accuracy.