Market Statistics for January 2022

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Median Sold Price
7.4%
$228,000$228,000 YTD7.4% $212,300 Prior YTD
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Units Sold
-1.3%
1,1721,172 YTD-1.3% 1,188 Prior YTD
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Total Sold Volume
5.1%
$322.7M$322.7M YTD5.1% $307.03M Prior YTD
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Active Inventory
-22.7%868 -
Median Days on Market
0%4 -
New Listings
-10.8%1,328 - Percent change is the comparison to the same month of the prior year.
Units Sold Decrease 2.6%
We typically see a drop in closed sales from December to January, but the last few years have seen an increase in January closings year-over-year. Although the year-over-year difference isn’t huge, it is notable. Active inventory numbers are continuing to set all-time lows. While the January Median Sales price dropped 5.3% from December, it is still up 6.5% from January 2021. “There is no better time to sell your property. We are continuing to set records,” says Kay Edwards, Cincinnati Area Board of REALTORS® President. “Contact a REALTOR® today!