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The November data does not provide any surprises or cause any significant alarm. Althouth, like last month, the total dollar volume for homes sold in Northeast Cincinnati is much higher than November 2009. The Northeast Cincinnati Analysis for November 2010 shows a 13% decrease in the number of homes sold over October 2010. Homes Sold in November 2010 was 52 and this past October the number was 60. The yearly reduction was almost identical at 12% when Northeast Cincinnati Homes Sold total was 59 in October 2009. The total dollar volume was again an interesting highlight for November. November 2010 total dollar volume was $16.88 million. November 2009 was $13.96 million. This is a 20% increase from last year. Total dollar volume in October 2010 was $22.92 million, which means November 2010 was 26.4% less than October, but this is an expected month-to-month trend as we head toward the Holidays and year’s end. |
