Posts Tagged Monthly Sold Report
Monthly Homes Sold Report – December
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on January 13, 2010
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The Northeast Cincinnati Analysis for December 2009 shows a 23.49% increase in total home values sold when compared to November 2009. In November 2009 our Northeast Analysis indicates a Total Value of $13.96M versus a December 2009 Total Value of $17.24M. This is a nice rebound for the year-end and coming off a relatively flat November for Total Market Value — when compared to 2008. In December, Northeast Analysis indicates 55 Homes Sold. This is a 6.8% decrease from November when we saw 59 Homes Sold in Northeast Cincinnati. Year-to-year, Blue Ash (7 to 9) and Montgomery (6 to 9) 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. |
Local Home Sales Jump in November
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on December 22, 2009
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Today, the Cincinnati Enquirer posted an article that shows local home sales were dramatically up in November 2009 vs. November 2008. As the table at the left indicates, home sales in southwest Ohio were up almost 400 units over last year’s November total sales. Nationally, November home sales were up 44% over last year. In Northern Kentucky, home sales were up 41%. You can see the complete article on the Enquirer’s site by clicking this Cincinnati Enquirer article link. |
Monthly Homes Sold Report – November
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on December 5, 2009
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The Northeast Cincinnati Analysis for November 2009 shows a 2.06% increase in total home values sold when compared to November 2008. In 2008 our Northeast Analysis indicates a Total Value of $13.68M versus a 2009 Total Value of $13.96M. Much like this past October, Total Value is pretty much flat, but the number of Homes Sold shows a different picture. In November, Northeast Analysis indicates 59 Homes Sold in 2009. This is a 40% increase over 2008 when we saw 42 Homes Sold in Northeast Cincinnati. The November 2009 analysis does offer a continuing indication of the seasonal slowdown in real estate. Total Value in November ($13.96M) was down from $19.32M in October 2009 — a 27.75% reduction, but this is certainly tied to the seasonality of the residential real estate market. Year-to-year, Blue Ash (6 to 13), Mariemont (2 to 5), and Montgomery (4 to 12) 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. |
Cincinnati Home Prices down 3.2% in 3Q
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on November 11, 2009
The Cincinnati Enquirer reported yesterday (Tuesday, Nov. 10th) that median home prices in Metro Cincinnati/Northern Kentucky for the third quarter 2009 were down by 3.2% when compared to third quarter 2008. The median value in 2009 was $131,700 vs. 136,050 in 2008.
You can link to the Cincinnati Enquirer article by clicking here.
Cincinnati’s local drop was favorable when compared to a national median home price reduction of 11.2% for the third quarter of 2009. And, when compared to the 2009 first quarter, Cincinnati’s local median home price was up 24% — from $106,500.
You can find additional information on homes sold throughout Northeast Cincinnati here on the blog. Visit the Resources/Neighborhood link and the Resources/Monthly Sold links.
Monthly Homes Sold Report – October
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on November 5, 2009
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We have completed the analysis for the the October Monthly Sold Report for Northeast Cincinnati. Click this link to see the full Monthly Sold Report for October 2009. Overall, our October 2009 analysis shows that Northeast Cincinnati total homes sold value was $19.3M. This compares favorably to October 2008, when the total value of homes sold was $19.5M. Statistically this is less than a 1% difference in the total residential real estate sold year-over-year within Northeast Cincinnati. Blue Ash, Montgomery, and Newtown all posted meaningful “homes sold” percentage gains for October 2009 when compared to October 2008. You can see full neighborhood statistics by clicking over to the Neighborhood Resource Page and clicking on your neighborhood of choice. |
September 2009 Sold Report
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on October 7, 2009
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We have completed the analysis for the the September Monthly Sold Report for Northeast Cincinnati. Click this link to see the full Monthly Sold Report for September 2009. Sycamore Township, Madeira, and Indian Hill all posted meaningful gains for September 2009 when compared to September 2008. You can see full neighborhood statistics by clicking over to the Neighborhood Resource Page and clicking on your neighborhood of choice. |
August 2009 Sold Report
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on September 6, 2009
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We have completed the analysis for the the August Monthly Sold Report for Northeast Cincinnati. Click this link to see the full Monthly Sold Report for August 2009. Blue Ash, Indian Hill, Mariemont and Terrace Park all posted gains for August 2009 when compared to August 2008. 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.
