Average Home Sale Increases In Greater Cincinnati By 5 Percent In 2016

Average Home Sale Increases In Greater Cincinnati By 5 Percent In 2016

Yes, you read that correctly, the average home in Cincinnati sold for 5% more in 2016 ($196,357) versus 2015 ($186,262). Without question, low inventory has helped home sellers this year. Notice the chart in the upper right title "residential inventory", in 2016 Greater Cincinnati hovered between 6000-7000 available homes, the lowest levels in the past 5 years.

Many will ask, did my homes value rise by 5%? Not necessarily! There are several variables that help Cincinnati Realtors determine the value of home. These variables include sq ft, lot size, lot location in a neighborhood, amenities of the home and most importantly, the condition and updates.

Call Jon DeCurtins (513.218.9891) with The DeCurtins Team at ERA Real Solutions Realty today if you'd like to find out what the value of your Cinicinnati home is.

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Jon DeCurtins Headshot
Phone: 513-600-7231
Dated: February 9th 2017
Views: 1,088
About Jon: Jon is the Lead Agent for "The DeCurtins Team," one of Cincinnati's top real estate teams. The DeCur...

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ERA Real Solutions Realty
8006 Beechmont Ave
Cincinnati, OH