February’s Monthly Homes Sold Report has been analyzed and is now ready for your review. Click this link to see the full Monthly Sold Report for February 2011.

The Northeast Cincinnati Analysis for February 2011 shows a very consistent number of homes sold. 46 homes were sold in February 2011 — 45 homes were sold in January 2011, and 45 homes were sold in Feburary 2010. This equates to a Homes Sold growth rate of 2.2% for both month-to-month and year-to-year.

Total homes sold dollar volume for February 2011 was $13.7 million, which compares to $19.6 million in January 2011, a 30.2% month-to-month reduction. Yearly February comparisons were much closer, because February 2010 total dollar volume was $14.7 millon – a 6.8% decrease year-to-year.

Homegain.com, one of the many online real estate providers, recently surveyed over 1,000 home sellers. According to their survey, fifty-nine percent of home owners that used a REALTOR to sell their home were successful vs. 39 percent of For Sale By Owner’s, reflecting a 50 percent higher closing rate for those home sellers using a REALTOR.

If you would like more information about the survey from Homegain, follow this link to the real estate blog from Homegain.

January’s Monthly Homes Sold Report has been analyzed and is now ready for your review. Click this link to see the full Monthly Sold Report for January 2011.

The Northeast Cincinnati Analysis for January 2011 shows a 29% decline in the number of homes sold compared to December 2010. Homes Sold in January 2011 was 45 and this past December the number was 64. January 2011 compared to last year showed growth rate of 5% when Northeast Cincinnati Homes Sold total was 43 in January 2010.

Total homes sold dollar volume for January 2011 was $19.6 million, which compares to $25 million in December 2010, a 21.5% month-to-month reduction. Yearly January comparisons were almost the identical inverse, because January 2010 total dollar volume was $15.5 millon – a 26.2% increase year-to-year.

According to an article published by the Associated Press today, the National Association of Home Builders claims some interesting economic effect for each home built. Their report says that each home built accounts for three jobs for one year and means $90,000 in various tax revenues.

More about Home Builders and their end-of-year permit rush at msnbc.com.

As shown by the chart on the left, Sycamore Township had the highest percentage of homes sold in Northeast Cincinnati for 2010. The 2010 volume of 147 was actually 2 homes sold ahead of 2009′s total of 145 homes sold.

You can find more information on homes sold volume, total value analysis, average listing price, and average sold price for each of the ten neighborhoods we track in our 2010 Annual Homes Sold Analysis Report. You will need a PDF reader to access report. Click the title below.