Local Home Sales Report: October 2020 – a Strong Sales Month!
11/23/2020 09:00:00
Home sales increased for all regions in October. In Greater Cincinnati, the area had the most home sales of any October on record. In Northern Kentucky, sales rose by almost 19% and in Dayton they increased by 14%.
Mortgage rates are low. Home values are high. It’s a great time to list your home for sale and for buyers to find their dream home.
Here is a report by region of homes sales throughout October 2020:
CINCINNATI / SOUTHEASTERN INDIANA
October 2020 vs October 2019
- 13.14% Increase in homes sold (2,558 homes vs 2,261 homes)
- 15.96% Increase in average sale price ($257,109 vs $221,720)
- 18.99% Increase in median sale price ($213,000 vs $179,000)
- 31.19% Increase in gross sales volume ($657,684,046 vs $501,309,010)