Winter 2012 Market Update
Views remain a major reason for purchasing in the area...the better the Ohio River/downtown views, the higher the price. Parking and garages remain in demand. Excellent cultural activities in the area and superior restaurants make living here a pleasure.

Average Home Price $500,000 - View Graph Trend
Average Price Compared to Last Year Down 0-5%
Average Time on Market More than 120 days
Best Selling Price Range$150,000 - $199,000
Worst Selling Price Range$600,000 - $649,000
Prices As % of Asking Price 90-95%
Existing Home Prices for the past 90 days are?No Change
Market Trend No Change
Buyers’ or Sellers’ Market
Buyer Activity for the past 90 days in Mount Adams isNo Change
Seller Activity for the past 90 days in Mount Adams is?No Change
Multiple Offers?No
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?5-10%
Is Financing Available For Qualified Buyers?Yes
Comments on Financing For Qualified BuyersBecause of the many condos in the area, financing can be an issue for those with less than 20% to put down. Everyone needs to keep their credit scores above 720 for the best financing options.
Housing Inventory Limited Supply
Greatest Activity Repeat Buyers
Reason to Buy/Sell Lower prices with good selection and competitive interest rates creates a perfect time to buy in Mount Adams!
Nearest Metro AreaCincinnati, OH
Housing Hot SpotsExciting changes continue in Mt. Adams. Meeting the needs of both the young professional and the empty nester, homes and condos continue to be updated and renovated. Most homes emphasize the unusual spaces desired by this group of buyers.
Average Sold Price $500,000 - View Graph Trend

Mount Adams Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

Click here for full article...
Contact Information

Saralou Durham
Saralou Durham
     513-588-5304
Request More Information  

Let me answer your questions!

First Name
Last Name
Email
Phone

Questions or Comments

 

   Let Me Answer Your Questions! Ask Me!
Blog Archives


Mortgage Rates
– Feb 11th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.60%
  15 yr. jumbo rate:  3.96%

Home Values
 Street
 
 Zip Code
 



 
Search Homes Property Type
Min Price
Max Price
Min Beds
Min Baths
 
Saralou Durham
Request More Information  

Let me answer your questions!

First Name
Last Name
Email
Phone

Questions or Comments

 

Let Me Answer Your Questions! Ask Me!
Saralou Durham
RE/MAX Preferred Group
RE/MAX Preferred Group

  513-588-5304




Receive New Listings by Email Get Free Monthly Newsletter   |   Find Mount Adams Homes for Sale   |   Search Mount Adams Real Estate
(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
Ohio Homes for Sale  |   Ohio Real Estate News |   Homes for Sale  |   Real Estate Market News  |   Hot Markets  |   Agents Join