July’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 July 2010.

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.

We have completed the analysis for the the June Monthly Sold Report for Northeast Cincinnati. Click this link to see the full Monthly Sold Report for June 2010.

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.

We have completed the analysis for the the May Monthly Sold Report for Northeast Cincinnati. Click this link to see the full Monthly Sold Report for May 2010.

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.

We have completed the analysis for the the April Monthly Sold Report for Northeast Cincinnati. Click this link to see the full Monthly Sold Report for April 2010.

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.

We have completed the analysis for the the March Monthly Sold Report for Northeast Cincinnati. Click this link to see the full Monthly Sold Report for March 2010.

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.