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Cincinnati Real Estate Market Update

Home Sales Continue Upward Momentum

Average and Median Prices Highest Ever in October

October home sales continued their upward momentum, up 5.50 % compared to a robust October a year ago. Home sales this month were 2,184 compared to 2,070 in October 2015.  For the first ten months of 2016, home sales are up almost 6.4% over the first ten months of 2015.

The average home price climbed to $193,829 compared to $171,144 a year earlier, a + 13.25 % increase.  At the same time, the inventory of homes for sale, as of October 31, continued its year-over-year declining trend to 6,244 from 8,031 a year ago, down – 22.25 %.

Nationwide, October home sales were up + 2.0 % from September on a seasonally adjusted basis, and were up + 5.9 % from October 2015.


 

Should parents buy their kids a drone for Christmas?


This is information is about drone photography. In this interview I talked to Robbie Weitzner of Drone Nerds, DJI leading reseller .  He gave tips about drone photography for kids and  standard drone pricing. check out their website www.dronenerds.com.

 

Kevin's Latest and Best Real Estate Tool in the Industry


In response to NAR members’ growing interest in using this technology in connection with their Real Estate business. On June 21, 2016, the Federal Aviation Administration (“FAA”) issued its highly anticipated “Small Unmanned Aircraft Rule” (14 C.F.R. Part 107). Effective August 29, 2016, real estate professionals can operate drones for a host of real estate-related purposes, such as capturing aerial imagery of property listings.Using flying cameras, real estate photographers are producing dramatic, sweeping shots of landscapes, ocean and mountain vistas and seamless fly-around of gorgeous home exteriors.

 The DJI Mavic Pro is a small yet powerful drone that turns the sky into your creative canvas easily and without worry,helping you make every moment an aerial moment. Its compact size hides a high degree of complexity that makes it one of DJI’s most sophisticated flying cameras ever. 24 high-performance computing cores, an all-new transmission system with a 4.3mi (7km) *range, 5 vision sensors, and a 4K camera stabilized by a 3-axis mechanical gimbal, are at your command with just a push of your thumb or a tap of your finger.

 

Real Estate Update from Different Markets


Below are market updates from my colleague in the Real Estate Industry Cyndee Haydon of St Petersburg Florida. Cyndee  is a Certified Luxury Home Marketing Specialist (CLHMS) which demonstrates her proven results in selling luxury homes $500,000 plus as well as a Certified International Property Specialist (CIPS) experienced Estate Agent.  ​

These are the people I meet with every year in order to stay on the leading edge of Real Estate Technology and Marketing.

 

Here to help anytime!

513-602-6000 Call or Text. 

Kevin@DuffyRealtor.com

 

 

 

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Contact Information

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

Your source for Cincinnati Homes for Sale and Cincinnati Neighborhoods