| Market Commentary Provided by Saralou Durham 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. |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL
Saralou Durham
RE/MAX Preferred Group Cincinnati, Ohio 513-588-5304 cintirltr@aol.com Agent Home Page |
|||
| Nearest Metro Area | Cincinnati, OH | ||||
| Buyers’ or Sellers’ Market | About 50-50 | ||||
| Average Time on Market | 90-120 days | ||||
| Market Trend | No Change | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $397,500 - 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 | Condos Townhomes | ||||
| Buyer Activity for the past 90 days in Mount Adams is | |||||
| Seller Activity for the past 90 days in Mount Adams is | |||||
| Is Financing Available For Qualified Buyers in Mount Adams? | |||||
| 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 | Exciting 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. Many unique projects emphasize the unusual spaces desired by this group of buyers. | ||||
| Reason to Buy/Sell | Job Growth | ||||
| Average Sold Price | $397,500 - 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. Click here for full article... |
|||||