The region's home sales kicked off with promising data showing ongoing adjustments that indicate a return to a more balanced market, benefiting both buyers and sellers. Here is a report by region of home sales during January of 2024:
Cincinnati/Southeast Indiana
January 2024 vs January 2023
-9.1% decrease in homes sold (850 vs. 935 homes)
6.4% increase in median sale price ($255, 250 vs. 240,000)
-1.2% decrease in sales volume ($266,526,980 vs. $269,734,035)
16.8% increase in active inventory (1526 listings)
9.6% increase in new listings (1341 new listings)
28.6% increase in median days on market (9 days)
Statistics courtesy of Realtor® Alliance of Greater Cincinnati Home Sales Report
Northern Kentucky
January 2024 vs January 2023
5% increase in homes sold (362 homes vs 346 homes)
2% increase in median sale price ($255,500 vs $250,000)
3% increase in sales volume ($107,600,000 vs $104,700,000)
7% increase in active inventory (821 vs 766)
4% decrease in new listings (487 vs 507)
19% increase in average days on the market (38 vs 32)
Statistics courtesy of N. Kentucky Association of Realtors® Sales Report
Dayton and Springfield, Ohio
January 2024 vs January 2023
23.58% increase in homes sold (891 vs 721 homes)
9.94% increase in median sale price ($206,900 vs $188,200)
39.17% increase in sales volume ($226,666,545 vs $162,869,946)
19.19% increase in new listings (1174 vs 985)
Statistics courtesy of Dayton Realtors Home Sales Report