4.6 Months Housing Supply (5.4 Months, March 2014)
42% of homes sold were on the market for less than a month. (March 2014, 38%)
30% were on the market 4 months or longer. (March 2014, 32%)
Average DOM* for Sales
Seller’s Market When housing supply drops below 5-6 months, it is considered a Seller’s market. Check out what’s happening in your neck of the woods!
Single Family 90 Days Condo 120 Days *Days on Market
Lender-Involved Sales Bank-Owned (REO) Pre-Foreclosure Short Sales
20% Source of Purchase Funds 26% Cash
Sales Up 6% As Compared To April 2013
50% Conventional 17% FHA 4% VA 3% Other
Average Sales Price $165,615 Up 6% Over April 2013
Residential (Single Family & Condo) Market Stats for Greater Cincinnati As Of April 30, 2014 Source: Multiple Listing Service of Greater Cincinnati, Inc. Copyright© Karen Schlosser April 2014