With notable increases across the board, the data indicates a robust housing market. Most notably, increases in inventory help balance the market to create opportunities for both buyers and sellers. Here is a report by region of homes sales throughout July 2024:
Cincinnati/Southeast Indiana
July 2024 vs July 2023
4.9% Increase in homes sold (1,774 homes)
8.5% Increase in median sale price ($314,725)
13.6% Increase in sales volume ($6,754,000)
49.8% Increase in active homes for sale (2,205 units)
-21.0% Decrease in new listings (1,852 units)
25% Increase median days on market (5 days)
January–July 2024 vs January–July 2023
1.5% Increase in homes sold (10,280 vs 10,128 homes)
6.3% Increase in median sale price ($296,000 vs $278,488)
8.1% Increase in sales volume ($3,670,000,000 vs $3,400,000,000)
Statistics courtesy of Realtors Alliance of Greater Cincinnati's July Home Sales Report
Dayton and Springfield, Ohio
July 2024 vs July 2023
13.02% Increase in homes sold (1,378 homes vs 1,175 homes)
2.28% Increase in median sale price ($246,675 vs $239,900)
19.19% Increase in sales volume ($375,062,902 vs $314,677,675)
8.16% Increase in new listings (1630 vs 1507)
January–July 2024 vs January–July 2023
14.66% Increase in new listings (10324 vs 9004)
11.91% Increase in homes sold (8,438 vs 7540)
7.73% Increase in median sale price ($237,000 vs $220,000)
22.81% Increase in sales volume ($2,340,477,020 vs $1,905,789,302)
Statistics courtesy of Dayton Realtors' July Home Sales Report
Northern Kentucky
July 2024 vs July 2023
8% Increase in homes sold (568 homes vs 526 homes)
-1% Decrease in median sale price ($281,750 vs $283,650)
9% Increase in sales volume ($185,400,000 vs $170,800,000)
7% Increase in new listings (753 vs 704)
8% Increase in average days on market (27 vs 25)
January–July 2024 vs January–July 2023
2% Increase in homes sold (3,456 homes vs 3,398 homes)
2% Increase in median sale price ($275,000 vs $270,000)
6% Increase in sales volume ($1,103,000,000 vs $1,109,000,000)
5% Increase in new listings (4,663 vs 4,458)
7% Increase in average days on market (31 vs 29)
Statistics courtesy of N. Kentucky Association of Realtors®
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