Cincinnati Real Estate Kicks Off 2024 with Promising Market Balance

Contact: Shawn Maus

Director of Communications and Marketing
[email protected] | 513-791-8800 ext. 111

FOR IMMEDIATE RELEASE

Cincinnati, OH, February 15, 2024 – The REALTOR® Alliance of Greater Cincinnati today announced the home sales data for January 2024, showcasing a dynamic start to the year in the Cincinnati real estate market. Despite the challenges posed by market conditions, the resilience of the Cincinnati area’s housing market continues to be a beacon for both buyers and sellers.

In January, the Cincinnati area saw a notable trend in home sales, reflecting the ongoing adjustments in the housing market and the economy at large. While specific numbers and percentages from the report highlight key movements in sales volume, listing durations, and median sale prices, the overarching message is one of cautious optimism.

Tracy Dunne, President of the REALTOR® Alliance of Greater Cincinnati, provided a statement on the January sales data: “As we kick off 2024, the Cincinnati real estate market is showing signs of balance and resilience. Our members are reporting sustained interest from buyers, alongside a healthy level of inventory from sellers. This equilibrium is essential for maintaining a vibrant market that benefits our community. We remain committed to supporting our members and the public through insightful data, professional development, and a dedication to excellence in all aspects of real estate in Greater Cincinnati.”

The January 2024 report underscores the importance of local market knowledge and professional guidance in navigating the complexities of buying or selling a home. The REALTOR® Alliance of Greater Cincinnati continues to be a pivotal resource for real estate professionals and the public, offering up-to-date information, education, and advocacy to foster a robust and accessible housing market.

For more details on the January 2024 home sales report, visit REALTOR® Alliance of Greater Cincinnati.

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REALTOR® Alliance of Greater Cincinnati is a not-for-profit trade organization representing more than 6,000 of Cincinnati’s area real estate professionals. The association provides a variety of benefits including advocacy for equal housing opportunities, property rights, and homeownership. Additional benefits include educational programs, professional standards, social and networking events, and the Multiple Listing Service.

REALTOR® Alliance of Greater Cincinnati has provided the following graphics to allow members of the public to view several market performance metrics, such as units sold, closed prices, number of listings, and more. If you need more information, please get in touch with Shawn Maus, Director of Communications and Marketing, at [email protected].

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