Mount Adams Real Estate Market Conditions & Reports, Mount Adams Market Trends, Ohio

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

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CONNECT WITH A LOCAL PROFESSIONAL

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

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.

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