Market Statistics for April 2022

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  • Median Sold Price
    5.4%
    $253,000
    $245,000 YTD 8.9% $225,000 Prior YTD

  • Units Sold
    -4.4%
    1,706
    5,623 YTD -4.5% 5,886 Prior YTD

  • Total Sold Volume
    0.8%
    $527.57M
    $1.66B YTD 2.9% $1.62B Prior YTD

  • Active Inventory
    -15%
    960

  • Median Days on Market
    0%
    2

  • New Listings
    -6.3%
    2,145
  • Percent change is the comparison to the same month of the prior year.

We remain in a one-of-a-kind market! Looking at data from a year ago, we have had a .04% increase in total sold volume, with a median price increase of 4.8%; however, we continue to feel the strain of supply shortages as listings from that same timeframe are down by 2.8%. March 2022 to April 2022 showed a 5.8% increase in new listings, and the average days on the market remained steady at 2 days; however, we saw a .7% decrease in sales price. “If you are considering selling, this is a wonderful time to do so,” says Kay Edwards, REALTOR® Alliance of Greater Cincinnati President. “Contact a REALTOR® today!