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The December data does show a tick up for residential real estate sales in Northeast Cincinnati. Interesting volume for the number of homes and the total value of homes sold was seen this past December. Given the recent history of real estate sales, we’ll need to wait a month or two to see if this begins an upward trend. The Northeast Cincinnati Analysis for December 2010 shows a 23% increase in the number of homes sold over November 2010. Homes Sold in December 2010 was 64 and this past November the number was 52. The yearly growth rate increase was slightly below that at 16% when Northeast Cincinnati Homes Sold total was 55 in December 2009. The total dollar volume for homes sold in Northeast Cincinnati offers some dramatic data for December 2010. Total homes sold dollar volume for December 2010 was $25 million, which compares to $16.9 million in November 2010, a 48% month-to-month increase. Yearly December increases were almost identical, because December 2009 total dollar volume was $17.2 millon – a 44% increase year-to-year. |
