Posts Tagged Monthly Sold Report
Monthly Homes Sold Report – February 2011
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on March 6, 2011
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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. |
Monthly Homes Sold Report – January 2011
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on February 10, 2011
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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. |
Homes Sold Annual Report 2010
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on January 14, 2011
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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.
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Monthly Homes Sold Report – December 2010
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on January 9, 2011
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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. |
Monthly Homes Sold Report – November 2010
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on December 12, 2010
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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. |
Monthly Homes Sold Report – October 2010
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on November 7, 2010
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The October numbers are fairly consistent with what last year looked like, but the total dollar volume is significantly different. This is true for month-to-month (i.e., Sep-10 vs. Oct-10) and year-to-year (i.e., Oct-09 vs. Oct-10). The Northeast Cincinnati Analysis for October 2010 shows a 10% decrease in the number of homes sold over September 2010. Homes Sold in October 2010 was 60 and this past September the number was 66. The yearly reduction was slightly less at 7.69% when Northeast Cincinnati Homes Sold total was 65 in October 2009. The total dollar volume for October was a bright spot in this analysis. October 2010 total dollar volume as $22.93 million. October 2009 was $19.32 million. This is a 18.7% increase from last year. Total dollar volume in September 2010 was $19.71 million, which means October 2010 was 22.6% higher than September. |
Monthly Homes Sold Report – September 2010
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on October 10, 2010
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The September numbers seem to indicate that the seasonal Fall slowdown began one month earlier than normal this year. September 2010 looks alot like October from previous years. The Northeast Cincinnati Analysis for September 2010 shows a 13.2% decrease in the number of homes sold over August 2010. Homes Sold in September 2010 was 66 and this past August the number was 76. The yearly reduction was more substantial at 24% when Northeast Cincinnati Homes Sold total was 87 in September 2009. One month ago when we looked at the August numbers, we had reason for local optimism, but the September analysis indicates some continued softness in the residential real estate market for Northeast Cincinnati The total dollar volume for Septmeber also decreased. September 2010 total dollar volume as $18.71 million. September 2009 was $26.04 million. This is a 28% decrease from last year. Total dollar volume in August 2010 was $32.44 million — 42% higher than September. August was actually a pretty good statistical month in Northeast Cincinnati. All things considered. |
Monthly Homes Sold Report – August 2010
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on September 12, 2010
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The numbers for August seemed surprisingly consistent. It would be nice to say “The number were strong.” But there are still some underlying concerns about our local market. The Northeast Cincinnati Analysis for Augst 2010 shows only a 3.8%% decrease in the number of homes sold over July 2010. Homes Sold in August 2010 was 76 and in July the number was 76. Based on everything we’re hearing about the real estate market, only this small reduction seems very positive for Northeast Cincinnati. The yearly reduction was only slightly higher at 5% from August 2009 when Northeast Cincinnati Homes Sold was 80. Again, this it is encouraging that we’re somewhat stable compared to 2009. Hopefully this will start to indicate a move up. The total dollar volume for August actually increased. August 2010 total dollar volume as $32.44 million. August 2009 was $27.46 million. This shows an encouraging increase of 18.11% in total dollar volume since last year. Total dollar volume in July 2010 was $24.81 million — 31% lower than August. August was actually a pretty good statistical month in Northeast Cincinnati. All things considered. |
Monthly Homes Sold Report – July 2010
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on August 9, 2010
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The effect of the Federal Tax Credit this past spring really showed up in the Homes Sold numbers for July. The number of sales was down substantially over June of this year, and not surprisingly, the total dollar value was also down. The Northeast Cincinnati Analysis for July 2010 shows a 24.76% decrease in the number of homes sold over June 2010. Homes Sold in July 2010 was 79 and in June the number was 105. The yearly reduction was nearly the same with a reduction of 21.78% from July 2009 when Northeast Cincinnati Homes Sold was 101. The total dollar volume also decreased. July 2010 total dollar volume as $24.81 million. July 2009 was $31.59 million. This shows decrease of 20.13% in total dollar volume since last year. Total dollar volume in June 2010 was $47.52 million. |
Monthly Homes Sold Report – June 2010
Posted by Kathy Landstra in General Info on July 8, 2010
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While the number of homes sold in June was below the good totals in April and May, the total Market Value of Homes Sold in June was the highest since July 2008. The Northeast Cincinnati Analysis for June 2010 shows a 9% decrease in the number of homes sold over June 2009. Homes Sold in June 2010 was 105 and in June 2009 the number was 115. The decrease from May 2010, was exactly 13%, as 121 homes were sold in Northeast Cincinnati during a big May 2010. The total dollar volume also increased substantially. June 2010 total dollar volume as $47.52 million. June 2009 was $43.93 million. This shows an increase of 8% in total dollar volume since last year. Total dollar volume in May 2010 was $38.37 million. |
Monthly Homes Sold Report – May 2010
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on June 5, 2010
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A big April was backed up by a huge May. The Northeast Cincinnati Analysis for May 2010 shows a 36% increase in the number of homes sold over May 2009. Homes Sold in May 2010 was 121 and in May2009 the number was 89. The increase over April 2010, just thirty days ago was exactly 10%, as 110 homes were sold in Northeast Cincinnati during a big April 2010. The total dollar volume also increased substantially. May 2010 total dollar volume as $38.37 million. May 2009 was $25.75 million. This shows an increase of 49% in total dollar volume. Once again, the May performance is tightly tied to the Federal Tax Credit that expired on April 30th. It will be interesting to track the home sales during our summer and early fall months. |
Monthly Homes Sold Report – April 2010
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on May 6, 2010
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We expected to see big numbers in April, and we did. The Northeast Cincinnati Analysis for April 2010 shows a 116% increase in the number of homes sold over April 2009. Homes Sold in April 2010 was 110 and in April 2009 the number was 51. The increase over March 2010, just thirty days ago was 62%, as 68 homes were sold in Northeast Cincinnati in March 2010. The total dollar volume also increased substantially. April 2010 total dollar volume as $28.45 million. April 2009 was $12.70 million. This shows an increase of 124% in total dollar volume, which even outpaces the number of homes sold. All in all, April 2010 was more than twice as active in Northeast Cincinnati than April 2009. Of course, this performance is tightly tied to the Federal Tax Credit that expired on April 30th. It will be interesting to track the home sales over the next three to four months. |
Monthly Homes Sold Report – March
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on April 7, 2010
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The Northeast Cincinnati Analysis for March 2010 mirrors the recently released Pending Home Sales Index. In March, Northeast Cincinnati saw an increase in homes sold over February by more the 50%. In February there were 45 homes sold, while in March Northeast Cincinnati saw 68 homes sold. March was a strong month for a number of local neighborhoods including: Blue Ash, Madeira, Montgomery, Newtown, Sycamore Township and Symmes Township. Montgomery saw a 300% increase from 3 homes sold in February to 12 homes sold in March. Begining this month the Neighborhood Detail pages now include detailed listing of the recent homes sold for each neighborhood. You can see full neighborhood statistics by clicking over to the Neighborhood Resource Page and clicking on your neighborhood of choice. |
Monthly Homes Sold Report – February
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on March 7, 2010
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The Northeast Cincinnati Analysis for February 2010 shows an almost idential 45 homes sold when compared to the February 2009 value of 44 homes sold. The total value of homes sold in 2010 was $14.7M, which compares to $15.9M in February 2009 (an 8.25% reduction this year). As the graphic shows, year-to-year, Blue Ash (5 to 8), Kenwood (2 to 5), and Terrace Park (0 to 2) saw the most positive, statistically significant increase in February – when compared to the month of January 2010. You can see full neighborhood statistics by clicking over to the Neighborhood Resource Page and clicking on your neighborhood of choice. |
Monthly Homes Sold Report – January
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on February 6, 2010
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The Northeast Cincinnati Analysis for January 2010 shows a 71.57% increase in total home sold value when compared to January 2009. ($15.5M Jan-10 vs. $9.0M Jan-09) But we can’t get too excited. A look at the comparable two month (Dec+Jan) totals shows a much closer comparison: $32.8M in 2010 vs. $30.1M in 2009. This comparison shows a much more reasonable growth of 8.9% this year, and it surely indicates the slow down in December 2009 resulted in a more normal burst in January. As the graphic shows, year-to-year, Indian Hill (1 to 4), Mariemont (1 to 4), Montgomery (3 to 6), and Sycamore Township (3 to 6) saw the most positive, statistically significant increase in Homes Sold. You can see full neighborhood statistics by clicking over to the Neighborhood Resource Page and clicking on your neighborhood of choice. |
What is a Home Warranty?
A home warranty is a service contract, normally for one year, which helps protect home owners against the cost of unexpected covered repairs or replacement on their major systems and appliances that break down due to normal wear and tear. Coverage is for systems and appliances in good working order at the start of the contract.
What is a Short Sale?
If a home is being sold for below what the current seller owes on the property—and the seller does not have other funds to make up the difference at closing—the sale is considered a short sale. A short sale is different from a foreclosure, which is when the seller's lender has taken title of the home and is selling it directly. Homeowners often try to accomplish a short sale in order to avoid foreclosure.
