Cincinnati, OH Real Estate News

By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here is a daily snap shot of Cincinnati real estate activity.New Listings191  Back on Market33  Price Increases9  Price Reductions232  Pendings120  Solds63  Expireds40  Inactives69   This data is from Monday October 8 2007. We had 191 new listings that were entered inti the Broker exchange system and 33 homes that are available again for a total of 224 fresh homes to view. 63 homes closed escrow and now have new owners. The homes that are off the market by choice or expired are 109. If you have questions about Cincinnati real estate or need a Cincinnati realtor please feel free to contact me.www.Find1Home.com  
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here is a daily snap shot of Cincinnati real estate activity.New Listings19  Back on Market1  Price Increases0  Price Reductions22  Pendings9  Solds1  Expireds41  Inactives7   This is the data from Sunday October 7 2007 and most offices are closed. We had 19 new homes available for sale entered and 1 that came back on the market. On MOndays data we should see a large jump in new homes listed as the contracts signed over the weekend will be entered. We did have 41 homes that failed to sell durring their contract period and those get posted automatically. The Cincinnati real estate market is currently a buyers market so if you want to sell your home it must be in top shape and priced right. If you have any questions about Cincinnati real estate or need a Cincinnati realtor feel free to co...
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here is a daily update of real estate activity in the Cincinnati market area.New Listings27  Back on Market2  Price Increases1  Price Reductions24  Pendings7  Solds2  Expireds52  Inactives5  This is the data from Saturday when most offices are closed. That stops people from entering new homes on the market and pendings but it does not stop the expiring listings from being reported.Cincinnati real estate is challenging for sellers right now. Your home must be in top shape and priced right to sell in this market. If you have any questions about Cincinnati real estate or need a Cincinnati realtor please feel free to contact me.www.Find1Home.com
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here is a daily update of Cincinnati real estate activity.New Listings263  Back on Market32  Price Increases12  Price Reductions199  Pendings87  Solds94  Expireds67  Inactives75  We had 263 new homes come on the market and 32 homes that are available again for a total of 295 fresh homes to view. 94 homes closed escrow so we are still funning right at a 1 to 3 ratio of homes sold to homes listed.In the Cincinnati real estate market you need to have your home in top shape and priced right to sell. If you have any questions on Cincinnati real estate or need a Cincinnati realtor please fee free to contact me.www.Find1Home.com
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here ia a daily snap shot of Cincinnati real estate activityNew Listings182  Back on Market39  Price Increases16  Price Reductions192  Pendings91  Solds66  Expireds75  Inactives52   There were 182 new homes on the market yesterday and 39 homes that are available again for a total of 221 frash homes on the market to view. 192 people reduced the price of their home to correct to current market conditions. We did have 66 homes close escrow so they now have new owners. In Cincinnati real estate you must have your home in top condition and priced right to compete for the available buyers. If you have any questions about the Cincinnati real estate market or need a Cincinnati realtor please feel free to contact me.www.Find1home.com   
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here is a daily snap shot of Cincinnati real estate activity.New Listings194  Back on Market58  Price Increases10  Price Reductions211  Pendings95  Solds61  Expireds61  Inactives50   There were 194 new homes on the market and 58 homes that availble again for a total of 256 fresh homes to look at. The number of closed sales on all the inventory of homes was 61. 50 people decided to take their home off the market by choice and 211 lowered the asking price of their home. If you have any questions about Cincinnati real estate or are looking for a Cincinnati Realtor please feel free to contact me.www.find1home.com
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here is a daily snap shot of activity in the Cincinnati real estate market.New Listings212  Back on Market56  Price Increases29  Price Reductions228  Pendings94  Solds87  Expireds65  Inactives67  Tuesday October 2 we had 212 new homes come on the market and 56 homes come back on the market for a total of 268 new homes to view. Over the next few days we may see more new listings than normal come on the market as the 1000 homes that expired over the last two days relist. We did have 87 homes that closed escrow and only 65 that expired.Cincinnati real estate is a buyers market right now so if you want your home to sell it needs to be in top shape and priced right.If you have any questions about Cincinnati real estate or need a Realtor in the Cincinnati area please feel free to contact me.w...
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here is a daily snap shot of real estate activity in the Cincinnati area.  New Listings260  Back on Market83  Price Increases8  Price Reductions221  Pendings115  Solds190  Expireds579  Inactives71    This is the market update from Monday and will reflect Sold properties from Friday afternoon and the weekend. We had 260 new homes on the market and 83 homes that are available again. 579 homes failed to sell durring their contract period. With the homes that were reported yesterday that is over 1000 homes that have expired in the last 2 days.   If you want your home to sell in the current market you must have it priced right and in top conditiion. If you have any questions about Cincinnati real estate or need a Cincinnati Realtor® please do not hesitate to contact me.www.Find1home.com
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here is a daily update of Cincinnati real estate avtivity.  New Listings22  Back on Market0  Price Increases0  Price Reductions13  Pendings6  Solds5  Expireds578  Inactives4   These are the results from Sunday September 30 2007. Most offices are closed on the weekend so new listings and sales are not posted. Expired listings on the other hand are automatic by the contract end date. There were 22 new listings entered into the system and 578 homes that failed to sell durring their marketing contract period. To keep your home off the expired list and move into the sold area you must be priced right and your home must be in tip top shape. There is more to selling a home in Cincinnati than just putting it the MLS and waiting. If you would like information on Cincinnati real estate or need a ...
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
 Cincinnati REALTORS® have been given an update on the real estate market in Cincinnati by the Cincinnati Board of REALTORS®®. The report shows that nationally home sales in August nationally were down 12.8% while in Cincinnati we were down 17.7% from a year ago. They also report that nationally there is a 10 month inventory of unsold homes on the market nationally. In the Cincinnati area we are a little better than that at a 8.3 month inventory. The Cincinnati board also is being realistic and reporting that the bottom of this market has not been reached yet but we have not seen the 30% declines that some parts of the country have experienced. This is still a hard time to sell a home and you must price it to the market not what you want to sell it for! This is a great time for first ti...
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here is a daily update of real estate activity in the Cincinnati area.New Listings27  Back on Market1  Price Increases1  Price Reductions25  Pendings14  Solds15  Expireds68  Inactives21   In the Cincinnati area on Saturday most offices are closed so new listings and pendings are not reported by those offices. We still had 27 new listings posted to the system and 1 home back on the market. There were 68 homes that failed to sell durring their initial contract period and 21 homes that the sellers have taken their home off the market by choice. If you have any questions about Cincinnati real estate or are looking for a Cincinnati realtor please feel free to contact me.www.Find1home.com
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here is a daily snap shot of Cincinnati real estate activity.New Listings213  Back on Market34  Price Increases6  Price Reductions237  Pendings84  Solds189  Expireds57  Inactives53   The Cincinnati real estate market had 213 new homes come on the market and 34 homes that were under contract become available again. The number of sold homes will be high for the day because most people choose to close at the end of the month. In the area we had 57 that failed to sell durring their initial contract period and 53 more home owners have taken their home off the market. If you have any questions about Cincinnati real estate or are looking for a Cincinnati REALTOR® feel free to contact me.www.Find1home.com  
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here is a daily snap shot of Cincinnati real estate activity.New Listings168  Back on Market23  Price Increases9  Price Reductions169  Pendings74  Solds111  Expireds63  Inactives56  There were 168 new homes on the market on September 27 and 23 homes that for some reason are back on the market. Sold homes at 111 are showing a higher number than normal but most people choose to close at the end of the month so this trend is usual. Price reductions are high at 169 but people are chasing the market to get their home priced right to sell.If you have any questions about Cincinnati real estate or are looking for a Cincinnati Realtor® please feel free to contact me.
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here is a daily snap shot of real estate activity in the Cincinnati area.New Listings199  Back on Market20  Price Increases11  Price Reductions211  Pendings91  Solds75  Expireds60  Inactives70  There were 199 new homes on the market yesterday and 20 that came back on the market for a total of 219 new hames to look at. An additional 211 people reduced the price on their home to get in line with current market conditions. We did have 75 home close escrow so they now have new owners! We also had 60 homes that failed to sell durring their initial contract period and 70 home sellers that have taken their home off the market.Currently in Cincinnati real estate you must have your home in top condition and priced right to sell. We have been seeing some price adjustments in the market and homes ...
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here is a daily snap shot of real estate activity in the Cincinnati area.New Listings231  Back on Market26  Price Increases5  Price Reductions264  Pendings107  Solds74  Expireds58  Inactives43   There were 231 hew homes that came on the market yesterday and 26 that for some reason fell out of escrow and are available again for a total of 257 new homes to look at. 74 homes closed the purchase transaction and now have new owners. 101 homes either could not sell durring their contract period or have been taken off the market by their owners. Currently in Cincinnati real estate you must have your home in top condition and priced right to sell. We have been seeing some price adjustments in the market and homes are selling for less than in the last couple of years. This market is very good fo...
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By Dan Weis, Cincy Real Estate Advisor
(Comey & Shepherd Realtors)
August Home Sales Surpass July Sales, But Still Off on a Yearly Basis.Home sales in August -- at 2,161 units sold -- increased over a month earlier, when sales totaled 2,112. But on a yearly basis, homes sales last month fell 15.3% from August one year earlier.Nationally, August home sales were off 4.3% from July on a seasona lly adjusted basis, and 12.8% less than a year ago.  Average selling price locally for August was $176,592. That's down 3% from $181,768 a year earlier.----------------------------------------------Median sale price August 2006: $141,000Median sale price August 2007: $141,000The median sale price remained unchanged in August at $141,000, the same as August one year earlier. The median price is not skewed by a lot of home sales on the low end or high end. It is the ...
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here is a daily snap shot of real estate activity in the Cincinnati market area.New Listings242  Back on Market28  Price Increases10  Price Reductions253  Pendings120  Solds103  Expireds38  Inactives69  This will show the new homes on the market and the price reductions from the weekend. There are 242 new homes to select from and 253 homes that have lowered their price to stay current in our market. Sold properties are still following the trend of less than 50% of new homes on the market.If you have questions about Cincinnati real estate or are looking for a Cincinnati realtor please feel free to contact me.www.Find1home.com
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here is a daily snap shot of real estate activity in the Cincinnati market area.New Listings14  Back on Market0  Price Increases0  Price Reductions14  Pendings6  Solds3  Expireds51  Inactives3  This is the activity that repoerted on Sunday. Most offices are closed on the weekend so there are minimal entries on most catagories. The one thing that stands out is the number of expired listings at 51. If you want to sell your home in the Cincinnati area it must be priced right and be in top condition. If you have any questions about Cincinnati real estate or are looking for a Cincinnati realtor please feel free to contact me.www.Find1home.com
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here is a daily snap shot of real estate activity in the Cincinnati market area. New Listings21  Back on Market2  Price Increases1  Price Reductions32  Pendings7  Solds9  Expireds50  Inactives5  These are the statistics from Saturday when most offices are not doing entries. We did have 21 new homes on the market and 32 home sellers dropped the price on their homes to sell in the current market conditions. 50 homes failed to sell during their contracted marketing period and 5 more home sellers took their property off the market.  If you have any questions about Cincinnati real estate or are looking for a Cincinnati REALTOR® please feel free to contact me.www.Find1home.com
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By James Gordon, REALTOR, PBD SFR SRS
(Sibcy Cline Realtors®)
Here is a daily snap shot of the real estate activity in the Cincinnati market area.  New Listings263  Back on Market46  Price Increases10  Price Reductions215  Pendings91  Solds90  Expireds54  Inactives67  There were 263 new listings and 46 homes back on the market on Friday for a total of 309 homes that are fresh on the market and able to be purchased. 91 homes currently on the market accepted a purchase contract and are working to transfer ownership of the property. As for homes that have left the market 67 homes have left the market by choice and 54 homes failed to sell during their marketing contract period.If you have any questions about Cincinnati real estate or need help with buying or selling real estate in the Cincinnati area please feel free to contact mewww.Find1home.com  
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