Warren County Ohio Real Estate News and Observations

Warren County Ohio Real Estate Market Snapshot October 1 2018

Can you believe 75% of 2018 is already over?  How did the Warren County real estate market perform in closing out the 3rd quarter?  We know this is the normal time of year for the local market to start to slow, sWarren County Ohio real estate snapshoto let's see if that's what actually happened!  

What do the stats have to tell us about the Warren County Ohio real estate market?  

Stick with us for a quick overview of this month's stats and come back later this month to read our assessments of Mason, Lebanon, Springboro, Maineville/Hamilton Township & Morrow.  

Warren County Residential Sales Summary (single family homes & condos):

Number of Homes For Sale 10/1/2018:  746 (DOWN  48 from 750 9/1/18)

Number of Homes Under Contract (Pending) 10/1/18: 391 (DOWN 36 from 427 9/1/18)

Number of Homes SOLD in September: 242 vs 286 last month (as of  October 1 DOWN 44)

Average Sales Price: $258,710 vs. August's $276,922

Average Cumulative Days on Market for SOLD homes:  364 vs 34 in August

Median Sales Price:  $216,000 vs. August's $234,950

Median Cumulative Days on Market for SOLD homes: 13 vs. 11

Minimum Price Sold:  $58,500

Maximum Price Sold:  $1,750,000

What are the key takeaways? 

  • In the "not a surprise" category, the market is slower in September than August.  Fewer homes for sale, fewer under contract, fewer sold.  All to be expected for this time of year.   There will STILL be many homes sold before the end of this year. 
  • Time to sell is still quick, staying under 2 weeks from market to contract for half the homes under contract.   
  • 15 homes sold in the luxury category ($500,000 or more).
  • New construction entered in MLS and sold was 8 homes, and those are just the ones reported in Cincinnati MLS.  Made to order homes are often not reported.  New construction accounts for 199 of the 746 homes listed in MLS and NOT under contract.
  • Distressed (short sales and foreclosures) continued to be minimal this month with 6 foreclosures and 2 short sales in the 242 sold homes.  Currently the 746 homes for sale include 5 foreclosed homes and 1 short sale. 

Cherry Brook of Mason Ohio

 Visit our WarrenCountyOhioRealEstate.com website for full search capability without registration requirements.

Still have questions about the local real estate market or want an in depth analysis of YOUR particular neighborhood and home?   Call us at 513-520-5305 or email at Liz@LizSpear.com. No hassle, no pressure.  Whether you want to go on the Warren County market tomorrow, or next year, there's value in knowing your specific options.

Serving Warren County's residential real estate needs,
Liz and Bill aka BLiz


Serving Warren County Ohio & Adjacent Areas

The Liz Spear Team of RE/MAX Elite
Elizabeth Spear, ABR, CRS, Ohio License SAL.2002007747

William (Bill) Spear, CRS, Ohio License SAL.2004011109  Kentucky 77938
Ask for us by name if you visit the office!

EHO Two locations: Lebanon & Mason, OH
Bill Direct:  513-520-5305
Liz Direct: 513-265-3004     
Fax: 866-302-8418

MailTo:  Liz@LizSpear.com

Search Homes:  Http://WarrenCountyOhioRealEstate.com

Our Website:  www.LizTour.com

 FacebooktwitterWordpressYouTube Pinterest








View Liz Spear Team of RE/MAX Elite Primary Service Area in a larger map

Comment balloon 0 commentsLiz and Bill Spear • October 01 2018 09:06PM
Warren County Ohio Real Estate Market Snapshot October 1 2018
Can you believe 75% of 2018 is already over? How did the Warren County real estate market perform in closing out the 3rd quarter? We know this is the normal time of year for the local market to start to slow, s o let's see if that's what actually… more
This evening we decided to have takeout for dinner. There's a good spot two exits down the interstate from us that is pretty good. Normally driving down the interstate is the way to go. The speed limit is 70 and those 8 miles are pretty quickly… more
2256 Columbine Lebanon OH 45036 SOLD
It started with a phone call from a Michigan agent with buyers that needed help selling their home in my market, and they were ready to get started. A quick assessment, a professional photographer to take the shots and we were on the market soon. … more
Don't Let Appearances Fool You!
From the outside it might not look like much. A bit plain, but functional. In a convenient location so that's good. You' wouldn't expect much from the outside appearance, but there's a treat inside. They've done something nice with this ex… more
I Need A Condo With A Garage
Searching for Cincinnati condos for sale You'll have decisions to make. Of course location and budget are key, but there are other choices to make. Do you want a condo with or without a garage? Of course if you buy a condo without a garage you… more
I Got Away With It Before
We added honeybees to our menagerie last year. We've had anywhere from 1-3 hives and we keep them on the back edge of our backyard with a fence between the Chihuahua break area and them. For the most part those bees are pretty mellow. They… more
Ignorance Is Not Bliss
When I was younger I could pretty much eat anything I wanted without repercussion. I didn't care about calorie content or how much salt was in the food. I might even ADD some salt if I thought it needed it. Well, I got older and things changed,… more
Not Every Contract Makes It To The Closing Table
I'd love to say every contract progresses all the way to a completed sale, but that's not the case. Things CAN happen, from the minor to the major. Over the years we've more than a few deals that started off full of hope disintegrate along the way… more
12. 7% Off Asking! What A Great Negotiator I Am!
If you know me, you KNOW there's something wrong with that title! While I may somewhat quietly assert that I know more overall about Cincinnati patio homes than any other agent in Greater Cincinnati because I can back it up with any Google search… more
What's My Springboro Ohio Home Worth? August 2018
Sold by The Liz Spear Team of RE/MAX Elite in Springboro's Stone Ridge The Woods The Springboro Ohio real estate market had another great month, and doesn't have some of the same signs of the home market slowing as might be found in other Warren… more