Cincy Market News- Just in!

Just recived a press release from the Cincinnati Area Board of Realtors and there are some positive signs in the market.  There were 1,913 homes sold in May, the 4th month of increased sales. 

               2008 Home Sales          Inventory

January             1,130                    13.31

February          1,334                    11.32

March              1,557                      9.75

April                 1,636                      9.49

May                 1,913                      8.38

 I am particularly jazzed to see the months of inventory shrinking.  A balanced market would see inventory in the 5-6 month range and though we aren’t there yet, you can see we are on the way.  Wondering whether it is time to put your house on the market?  Feel free to contact me for more information.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s