Warren County Ohio Real Estate News and Observations

What's My Maineville/Hamilton Township Home Worth? July 2017

Maineville, like most of Warren County, has past the annual peak of sales, but still in a busy time of year.  Homes are still selling quickly and for a high percentage of asking price.  Stick with us for the details right after the stats section further down this post when we get into more details about the Maineville/Hamilton Township area home sales.

We offer links at the bottom of the post to search Cincinnati MLS listed Maineville Ohio homes for sale, and if you want specifics for What Is My Maineville Ohio Home Worth?, please click that link and fill out the form.  We'll get back to you shortly with the latest info that applies to YOUR home!

This report is for single family homes only and NOT condos.  We're covering zip code 45039 only, which also includes homes in parts of Landen and Deerfield Township, although at low levels.  That also means any Hamilton Township homes in other zip codes are NOT covered in this report.  The majority of 45039 is covered by Little Miami Schools, although portions are in Kings Local.  Obviously zip code 45039 is NOT uniform so we're not always comparing apples to apples in this report.  This report is informational and for the best advice for you as an area home buyer or seller, please contact us for a specific review of your needs.

  • All data is derived from the Cincinnati MLS system. 
  • If any Maineville/Hamilton Township homes traded hands without a REALTOR® involved, then it won't be reflected in this report.
  • All data is for the 45039 zip code only.

The 45039 zip code offers a diversity of living choices, with a focus on affordable housing.  Much of the zip code is easily reached by taking the SR48, Western Row or Kings Mills exits off of I71.  Depending on traffic you can be in the heart of Maineville within 5-10 minutes from the SR48 exit.  Along the way you'll pass a Lowe's, Target, Kohls, Kroger, Petsmart and a collection of strip malls with a selection of dining choices. 

With regards to housing choices, there are numerous developments, with the majority focused at the $200k price point with many starter type homes available well below that.  If your preference is more space, the area also offers that option with either luxury home communities or more rural opportunities. Additionally, one of the area's few 55+ communities makes its home here.

Turning Leaf community  Hamilton Township Ohio 45039

Turning Leaf, a Hamilton Township community

 

So, on to the review!

Maineville Ohio real estate reportQuantity of homes sold by month


Maineville Ohio real estate sales Median price of homes sold by month

 

Maineville/Hamilton Township 45039 Single Family Home Category Data Summary:Another Maineville/Hamilton Township home we sold

Homes Sold:  36 (0 Bank/Government Owned, 0 Short Sale, 3 New Construction) DOWN 24

Average Price:  $209,091 DOWN $53k

Median Price:  $209,000 DOWN $7.5k

Days on Market Average: 35 DOWN 18  (median 3 days)

Homes Active 8/10/17:  123 UP 11

Homes Pending 8/10/17 55 DOWN 2

Average Sales/List %:  98.7% DOWN .1%

Most Expensive Home Sold:  $310,000

Least Expensive Home Sold:  $35,000

 

So what can we determine from the latest statistics? 

  • First off, I think we can safely say we're past the annual peak for sales.  Pretty significant drop from June to July for total sales, and even low when compared to recent Julys.  That doesn't mean all is grim!
  • Speaking of grim, it might look like prices absolutely got hammered from June to July, but this is a case where the numbers "lie".  June had a sale over $1 million, and that gave a nice artificial bump up to average prices.  This month, only one home sold below 100k and only one home sold above 300k.  A nice tight range in prices and if you look at the median price instead of average, you'll see that number didn't move much, so prices overall are actually stable.
  • New construction is a high portion of the homes on the market, accounting for 39 of the 123 not under contract. 
  • Distressed (foreclosures and short sales) were minimal, accounting for 0 of the 36 sales, and 3 of the 123 homes for sale.

So what does this mean to you as a Maineville/Hamilton Township single family home owner?We're on the downhill side of the peak, but still in a busy time.  The 55 homes under contract tells you buyers are still out there and buying.  Key is to price competitively to the new construction offerings.  Less competition means better sales times and often a better price. 

We don't see a lot of truly negative once you understand the context of this month's numbers.  If it makes sense for your needs, it is still not too late to get your home on the market and sell! 

For an evaluation of your specific home's marketability, please contact us at 513-520-5305.  

 

So what does this mean to you as a potential Maineville/Hamilton Township home buyer? 

NO CHANGE:  If you find a home that suits you, don't delay acting or you may miss out on your opportunity.  There are other buyers out there and area housing is still VERY affordable and overall the homes tend to be newer and in subdivisions. 

There is a LOT of new construction available and having an influence, and PLEASE, for new construction, have us help you!  The builder will NOT cut you a price break for showing up unrepresented, and using our services will NOT cost you extra. 

When you're considering buying a Maineville/Hamilton Township area home, please contact us at 513-520-5305 with your needs and we'll help you find the right community! 

To Search Maineville/Hamilton Township 45039 homes for sale, please use the links below.

 

Search Maineville/Hamilton Township 45039 Homes For Sale Under $200,000

 

Search Maineville/Hamilton Township 45039 Homes For Sale $200,000 to $400,000

Search Maineville/Hamilton Township 45039 Homes for Sale $400,000 and Up

Serving Warren County's home buyers and sellers,
Liz and Bill aka BLiz

Recent Market Reports:

June 2017 Maineville/Hamilton Township Real Estate Report

May 2017 Maineville/Hamilton Township Real Estate Report

April 2017 Maineville/Hamilton Township Real Estate Report

March 2017 Maineville/Hamilton Township Real Estate Report

February 2017 Maineville/Hamilton Township Real Estate Report

January 2017 Maineville/Hamilton Township Real Estate Report

Decemeber 2016 Maineville/Hamilton Township Real Estate Report

November 2016 Maineville/Hamilton Township Real Estate Report

October 2016 Maineville/Hamilton Township Real Estate Report

September 2016 Maineville/Hamilton Township Real Estate Report

August 2016 Maineville/Hamilton Township Real Estate Report

July 2016 Maineville/Hamilton Township Real Estate Report

 

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:  LizSpear@Go-Concepts.com

Search Homes:  Http://WarrenCountyOhioRealEstate.com

Our Website:  www.LizTour.com

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Comment balloon 0 commentsLiz and Bill Spear • August 13 2017 12:57AM
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