cincinnatirealestatebargains.com

Loveland, Ohio 45140, Clermont County

Ken — Sun, 19 Feb 2012 23:56:56 +0000

Property Value Trend

MLS statistics indicate that the average and median sale prices for single family homes in the Clermont County portion of the Greater Cincinnati suburb of Loveland from 2/10/2011 to 2/10/2012 were $309,790 and $349,000 respectively.

This is an increase of 18.59% from the average and 42.45% from the median sale prices of $261,226 and $245,000 from 2/10/2010 to 2/10/2011.

Inventory / Marketing Time

As of 2/10/2012 there have been 29 sales in the last 12 months, indicating an absorption rate of 2.42 per month over the year.

There are currently 15 active listings, which represents a 6.2 month supply at last years average absorption rate. The trend is judged to be a slight *over supply.

Demand / Supply

There are 4 pending sales which is a **healthy ratio of 3.75:1 listings to pending sales, indicating that the current market is stronger than the average over the last year.

Investors wanting to buy homes in neighborhoods with increasing values, should track price trends and watch for shrinking inventory (as measured in number of months supply of active listings) coupled with increasing demand (as measured by listings to pending sales ratio).

Loveland (Clermont County) Single Family Housing Profile

***Typical single family homes range in age from new to 212 years.

****Predominant age range is 5 to 65 years old.

***Typical single family homes range in sale price from $64,000 to $600,000.

****Predominant sale price range in the last year was $120,000 to $465,000.

View Larger Map

Investors should give strong consideration to the implications of investing in homes that are above the typical price range of homes in the neighborhood. Such homes are widely considered to be “over-improvements”. One of the investor’s best strategies of “forced appreciation through home improvement” will likely be limited to needed repairs or not profitable. Appreciation from the increase in value of competing homes, which will likely be in other neighborhoods, will often suffer from being in a neighborhood of less valuable homes.

Of course appreciation is not the only measure of a good investment. Fix and flip properties and properties with a strong positive cash flow can be good investments without appreciating. But knowing the neighborhood before buying can help the real estate investor properly evaluate the expectation of future financial benefits.

For updates on other Greater Cincinnati neighborhoods in southwestern Ohio, click neighborhood market data now, or visit Cincinnati Real Estate Bargains.com on a regular basis. Better yet, subscribe to the RSS feed to have updates sent to you as they are posted. If you would like to request an update on a specific neighborhood in Hamilton County, Butler County, Clermont County or Warren County, email ken@cincinnatirealestatebargains.com .

*A 5 to 6 month inventory is typically considered to be a balanced market. Inventory of greater than a 6 month supply is judged to be an over supply of available homes for sale. Less than 5 months is viewed as a shortage situation.

**A normal ratio of listings to pending sales is typically considered to be between 3:1 and 5:1. Ratios of greater than 5:1 represent increasingly weaker demand, while ratios of less than 3:1 indicate increasingly stronger demand.

***Typical ranges may exclude statistical outliers that would mislead or lessen the reader’s understanding as to the nature of the neighborhood’s housing stock or price range.

****Predominant is defined here as greater than 50 percent of house ages or sale prices.

Related Blogs

Mount Healthy, Cincinnati, Ohio 45231, Hamilton County

Ken — Wed, 01 Feb 2012 04:19:40 +0000

Property Value Trend

MLS statistics indicate that the average and median sale prices for single family homes in the Greater Cincinnati suburb of Mount Healthy from 1/27/2011 to 1/27/2012 were $48,941 and $44,100 respectively.

This is a decline of 22.17% from the average and 25.25% from the median sale prices of $62,881 and $59,000 from 1/27/2010 to 1/27/2011.

Inventory / Marketing Time

As of 1/27/2012 there have been 39 sales in the last 12 months, indicating an absorption rate of 3.25 per month over the year.

There are currently 28 active listings, which represents an 8.62 month supply at last years average absorption rate. The trend is judged to be an *over supply.

Demand / Supply

There are 6 pending sales which is a **healthy ratio of 4.7:1 listings to pending sales, indicating that the current market is stronger than the average over the last year.

Investors wanting to buy homes at or near the bottom of the market (before prices start increasing), should watch for shrinking inventory (as measured in number of months supply of active listings) coupled with increasing demand (as measured by listings to pending sales ratio).

Mount Healthy Single Family Housing Profile

***Typical single family homes range in age from 24 to 147 years.

****Predominant age range is 55 to 90 years old.

***Typical single family homes range in sale price from $12,000 to $130,000.

****Predominant sale price range in the last year was $25,000 to $70,000.

View Larger Map

***Typical ranges may exclude statistical outliers that would mislead or lessen the reader’s understanding as to the nature of the neighborhood’s housing stock or price range.

****Predominant is defined here as greater than 50 percent of house ages or sale prices.

Related Blogs

Liberty Township, Ohio 45011 & 45044, Butler County

Ken — Sat, 31 Dec 2011 19:44:22 +0000

Property Value Trend

MLS statistics indicate that the average and median sale prices for single family homes in the Greater Cincinnati suburb of Liberty Township from 12/20/2010 to 12/20/2011 were $227,938 and $215,000 respectively.

This is a decline of 6.92% from the average and 4.44% from the median sale prices of $244,892 and $225,000 from 12/20/2009 to 12/20/2010.

Inventory / Marketing Time

As of 12/20/2011 there have been 383 sales in the last 12 months, indicating an absorption rate of 31.92 per month over the year.

There are currently 264 active listings, which represents an 8.27 month supply at last years average absorption rate. The trend is judged to be an *over supply.

Demand / Supply

There are 46 pending sales which is a **soft ratio of 5.7:1 listings to pending sales, indicating that the current market’s pace has slowed compared to the average over the last year.

Liberty Township Single Family Housing Profile

***Typical single family homes range in age from new to 211 years.

****Predominant age range is 5 to 20 years old.

***Typical single family homes range in sale price from $60,000 to $650,000.

****Predominant sale price range in the last year was $170,000 to $260,000.

View Larger Map

***Typical ranges may exclude statistical outliers that would mislead or lessen the reader’s understanding as to the nature of the neighborhood’s housing stock or price range.

****Predominant is defined here as greater than 50 percent of house ages or sale prices.

Related Blogs

Rossmoyne, Sycamore Township, Ohio 45236 & 45242, Hamilton County

Ken — Tue, 27 Dec 2011 23:59:26 +0000

Property Value Trend

MLS statistics indicate that the average and median sale prices for single family homes in the Rossmoyne neighborhood of the Greater Cincinnati suburb of Sycamore Township from 12/13/2010 to 12/13/2011 were $76,600 and $76,000 respectively.

This is a decline of 17.46% from the average and 29.63% from the median sale prices of $92,805 and $108,000 from 12/13/2009 to 12/13/2010.

Inventory / Marketing Time

As of 12/13/2011 there have been 27 sales in the last 12 months, indicating an absorption rate of 2.25 per month over the year.

There are currently 18 active listings, which represents an 8 month supply at last years average absorption rate. The trend is judged to be an *over supply.

Demand / Supply

There are 2 pending sales which is a **healthy ratio of 3.1:1 listings to pending sales, indicating that the current market is stronger than the average over the last year.

Rossmoyne/Sycamore Twp. Single Family Housing Profile

***Typical single family homes range in age from 4 to 146 years.

****Predominant age range is 45 to 75 years old.

***Typical single family homes range in sale price from $27,000 to $125,000.

****Predominant sale price range in the last year was $52,000 to $110,000.

View Larger Map

***Typical ranges may exclude statistical outliers that would mislead or lessen the reader’s understanding as to the nature of the neighborhood’s housing stock or price range.

****Predominant is defined here as greater than 50 percent of house ages or sale prices.

Related Blogs

Goshen Township, Loveland, Ohio 45140 & Goshen, Ohio 45122

Ken — Wed, 30 Nov 2011 16:03:55 +0000

Property Value Trend

MLS statistics indicate that the average and median sale prices for single family homes in the Loveland School District portion of the Greater Cincinnati suburb of Goshen Township from 11/15/2010 to 11/15/2011 were $340,209 and $341,000 respectively.

This is a decline of 2.54% from the average and 1.52% from the median sale prices of $349,090 and $346,250 from 11/15/2009 to 11/15/2010.

Inventory / Marketing Time

As of 11/15/2011 there have been 11 sales in the last 12 months, indicating an absorption rate of 0.92 per month over the year.

There are currently 6 active listings, which represents a 6.5 month supply at last years average absorption rate. The trend is judged to be an *over supply.

Demand / Supply

There are 2 pending sales which is a **healthy ratio of 3.0:1 listings to pending sales, indicating that the current market is stronger than the average over the last year.

Goshen Township (Loveland S.D.) Single Family Housing Profile

***Typical single family homes range in age from new to 56 years.

****Predominant age range is 5 to 16 years old.

***Typical single family homes range in sale price from $244,000 to $470,000.

****Predominant sale price range in the last year was $300,000 to $375,000.

View Larger Map

***Typical ranges may exclude statistical outliers that would mislead or lessen the reader’s understanding as to the nature of the neighborhood’s housing stock or price range.

****Predominant is defined here as greater than 50 percent of house ages or sale prices.

Related Blogs

Mason, Ohio 45040, Warren County

Ken — Thu, 01 Sep 2011 02:57:17 +0000

Property Value Trend

MLS statistics indicate that the average and median sale prices for single family homes in the Greater Cincinnati suburb of Mason from 8/28/2010 to 8/28/2011 were $309,604 and $293,000 respectively.

This is an increase of 8.11% from the average and 8.54% from the median sale prices of $286,374 and $269,950 from 8/28/2009 to 8/28/2010.

Inventory / Marketing Time

As of 8/28/2011 there have been 309 sales in the last 12 months, indicating an absorption rate of 25.75 per month over the year.

There are currently 176 active listings, which represents a 6.8 month supply at last years average absorption rate. The trend is judged to be a slight *over supply.

Demand / Supply

There are 36 pending sales which is a **healthy ratio of 4.9:1 listings to pending sales, indicating that the current market is stronger than the average over the last year.

Mason Single Family Housing Profile

***Typical single family homes range in age from new to 175 years.

****Predominant age range is 10 to 30 years old.

***Typical single family homes range in sale price from $55,000 to $1,300,000.

****Predominant sale price range in the last year was $190,000 to $375,000.

View Larger Map

***Typical ranges may exclude statistical outliers that would mislead or lessen the reader’s understanding as to the nature of the neighborhood’s housing stock or price range.

****Predominant is defined here as greater than 50 percent of house ages or sale prices.

Related Blogs

Clifton, Cincinnati, Ohio 45219 & 45220, Hamilton County

Ken — Tue, 02 Aug 2011 15:46:49 +0000

Property Value Trend

MLS statistics indicate that the average and median sale prices for single family homes in the Cincinnati neighborhood of Clifton from 8/1/2010 to 8/1/2011 were $170,876 and $120,000 respectively.

This is a decline of 8.60% from the average and 13.36% from the median sale prices of $186,955 and $138,500 from 8/1/2009 to 8/1/2010.

Inventory / Marketing Time

As of 8/1/2011 there have been 85 sales in the last 12 months, indicating an absorption rate of 7.08 per month over the year.

There are currently 62 active listings, which represents an 8.8 month supply at last years average absorption rate. The trend is judged to be an *over supply.

Demand / Supply

There are 12 pending sales which is a **soft ratio of 5.2:1 listings to pending sales, indicating that the current market’s pace has slowed compared to the average over the last year.

Clifton Single Family Housing Profile

***Typical single family homes range in age from 10 to 150 years.

****Predominant age range is 80 to 120 years old.

***Typical single family homes range in sale price from $7,000 to $540,000.

****Predominant sale price range in the last year was $60,000 to $250,000.

View Larger Map

***Typical ranges may exclude statistical outliers that would mislead or lessen the reader’s understanding as to the nature of the neighborhood’s housing stock or price range.

****Predominant is defined here as greater than 50 percent of house ages or sale prices.

Related Blogs

Miami Township, Milford, Ohio 45150, Clermont County

Ken — Fri, 01 Jul 2011 02:02:28 +0000

Property Value Trend

MLS statistics indicate that the average and median sale prices for single family homes in the Milford School District portion of the Greater Cincinnati suburb of Miami Township from 6/29/2010 to 6/29/2011 were $182,369 and $179,150 respectively.

This is an increase of 1.29% from the average and 5.38% from the median sale prices of $180,046 and $170,000 from 6/29/2009 to 6/29/2010.

Inventory / Marketing Time

As of 6/29/2011 there have been 260 sales in the last 12 months, indicating an absorption rate of 21.67 per month over the year.

There are currently 195 active listings, which represents a 9 month supply at last years average absorption rate. The trend is judged to be an *over supply.

Demand / Supply

There are 66 pending sales which is a **strong ratio of 3:1 listings to pending sales, indicating that the current market is more robust than the average over the last year.

Miami Township (Milford S.D.) Single Family Housing Profile

***Typical single family homes range in age from new to 196 years.

****Predominant age range is 5 to 35 years old.

***Typical single family homes range in sale price from $35,000 to $490,000.

****Predominant sale price range in the last year was $120,000 to $235,000.

View Larger Map

***Typical ranges may exclude statistical outliers that would mislead or lessen the reader’s understanding as to the nature of the neighborhood’s housing stock or price range.

****Predominant is defined here as greater than 50 percent of house ages or sale prices.

Related Blogs

College Hill, Cincinnati, Ohio 45224, Hamilton County

Ken — Fri, 10 Jun 2011 02:53:27 +0000

Property Value Trend

MLS statistics indicate that the average and median sale prices for single family homes in the Cincinnati neighborhood of College Hill from 6/6/2010 to 6/6/2011 were $71,872 and $64,500 respectively.

This is a decline of 8.64% from the average and 16.23% from the median sale prices of $78,666 and $77,000 from 6/6/2009 to 6/6/2010.

Inventory / Marketing Time

As of 6/6/2011 there have been 112 sales in the last 12 months, indicating an absorption rate of 9.33 per month over the year.

There are currently 86 active listings, which represents a 9.2 month supply at last years average absorption rate. The trend is judged to be an *over supply.

Demand / Supply

There are 18 pending sales which is a **healthy ratio of 4.8:1 listings to pending sales, indicating that the current market is stronger than the average over the last year.

College Hill Single Family Housing Profile

***Typical single family homes range in age from 2 to 199 years.

****Predominant age range is 45 to 85 years old.

***Typical single family homes range in sale price from $9,000 to $230,000.

****Predominant sale price range in the last year was $30,000 to $105,000.

View Larger Map

***Typical ranges may exclude statistical outliers that would mislead or lessen the reader’s understanding as to the nature of the neighborhood’s housing stock or price range.

****Predominant is defined here as greater than 50 percent of house ages or sale prices.

Related Blogs

Trenton, Ohio 45067, Butler County

Ken — Wed, 01 Jun 2011 03:35:51 +0000

Property Value Trend

MLS statistics indicate that the average and median sale prices for single family homes in the Greater Cincinnati suburb of Trenton from 5/26/2010 to 5/26/2011 were $99,843 and $102,500 respectively.

This is a decline of 12.70% from the average and 13.14% from the median sale prices of $114,363 and $118,000 from 5/26/2009 to 5/26/2010.

Inventory / Marketing Time

As of 5/26/2011 there have been 147 sales in the last 12 months, indicating an absorption rate of 12.25 per month over the year.

There are currently 70 active listings, which represents a 5.7 month supply at last years average absorption rate. The trend is judged to be in *balance.

Demand / Supply

There are 27 pending sales which is a **strong ratio of 2.6:1 listings to pending sales, indicating that the current market is more robust than the average over the last year.

Trenton Single Family Housing Profile

***Typical single family homes range in age from new to 81 years.

****Predominant age range is 5 to 40 years old.

***Typical single family homes range in sale price from $6,000 to $185,000.

****Predominant sale price range in the last year was $75,000 to $130,000.

View Larger Map

***Typical ranges may exclude statistical outliers that would mislead or lessen the reader’s understanding as to the nature of the neighborhood’s housing stock or price range.

****Predominant is defined here as greater than 50 percent of house ages or sale prices.