Montgomery Real Estate Market Conditions & Reports, Montgomery Market Trends, Ohio

Market Commentary Provided by Saralou Durham
Improvements to infrastructure of shopping and office space continues to keep area attractive.

Report Date

Fall 2009

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Saralou Durham
RE/MAX Preferred Group
Cincinnati, Ohio
513-588-5304
cintirltr@aol.com
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Nearest Metro Area

Cincinnati, OH

Buyers’ or Sellers’ Market

About 50-50

Average Time on Market

60-90 days

Market Trend

No Change

Housing Inventory

Limited Supply

Average Home Price

$250,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Up 0-5%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Greatest Activity

Repeat Buyers

Buyer Activity for the past 90 days in Montgomery is

Seller Activity for the past 90 days in Montgomery is

Is Financing Available For Qualified Buyers in Montgomery?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Buyers continue to desire this area for proximity to downtown and shopping. Strength of school district contributes to this as well. Demand for new homes is so strong that vacant lots are being purchased and old homes are being torn down to rebuild new.

Reason to Buy/Sell

Population Growth

Average Sold Price

$250,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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