June 2013 Market Cincinnati Real Estate Pulse

June 2013 Market Cincinnati Real Estate Pulse

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Sales are up 22% over June 2012;

Average sales price is $189,260, 8% over last year;

Housing Supply remains the same as last month at 4.6 months;

However, there was a 2 point increase to 47% of homes sold were on the market less than a month (the hot just got hotter!);

Conventional financing is “king” at 52% of the sales, up 4 points from last month;

Cash is down by 3 points but still is in a strong second;

Followed by FHA then “other” then VA;

The biggest news…lender-involved sales were down 10 points to 21% of the sales!

 

 

Contact Information

Kevin Duffy
Comey & Shepherd Realtors
7870 East Kemper
Cincinnati OH 45249
513-602-6000

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