Market Update

Southwest Ohio

Q4 2023

Residential Property Snapshot

Single Family Homes & Condos | Q4 2023
Med. Sales Price
$275k
22% more than in
Q4 2022

Avg. Days On Market
41
7% fewer than in
Q4 2022

Closed Sales
4,232
38% fewer than in
Q4 2022

Inventory
2,524
65% more than in
Q4 2022

Sales Price vs. Closed Sales

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q4 Last 5 Years
Closed
New
Inventory

Closed Sales by Price

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q4 2023

Median Sales Price vs. Average Days on Market

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q4 Last 5 Years
By Year
By Price

Market Data by Year

Single Family Homes & Condos

  • Single Family Homes
  • Condos

 |  Q4 2023

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'22 - '23
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
65%
New Listings
New Listings represents the number of properties listed during the quarter.
7%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
77%
Closed Sales
-38%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
-7%

Data provided by MLS of Greater Cincinnati, Dayton Area Board of REALTORS®, and Northern Kentucky Association of Realtors MLS. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Dec 31, 2023 end of day. This report was last updated Feb 6, 2024.

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