The Channel you have requested is no longer available.

Warren County Ohio Real Estate News and Observations

Warren County Ohio Real Estate Market Snapshot May 1, 2016

The Warren County Ohio real estate market is showing signs of Spring!  As I look out our window more and more flowers are blooming!  The azaleas & the poppies are loaded with color and more blooms are coming!  The local real estate market is showing signs of life too, with more houses overall on the market and homes quickly going under contract!  

Let's take a quick look and see what the April 2016 stats tell us about the Warren County Ohio residential home market.

Come back later this month (starting around the 5th) for the start of our detailed market reports for Mason, Lebanon, Springboro, Maineville/Hamilton Township & Morrow.   By then all the month end transactions should be accounted for.

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

Number of Homes For Sale 5/1/16:  861 (DOWN 16 from 877 4/1/16)

Number of Homes Under Contract (Pending) 5/1/16: 660 (UP  108 from 552 4/1/16)

Number of Homes SOLD in APRIL: 241 vs 245 last month (as of  April 1 DOWN 4)

Average Sales Price: $237,167 vs. March's $219,766

Average Cumulative Days on Market for SOLD homes:  78 vs 72 in March

Median Sales Price:  $200,000 vs. March's $195,000

Median Cumulative Days on Market for SOLD homes:  19 vs. 33

Minimum Price Sold:  $20,307

Maximum Price Sold:  $975,000

What are the key takeaways? 

  • Homes are selling faster than they're being replaced.  Notice the drop in homes ACTIVE on the market, yet the significant increase in homes UNDER CONTRACT (Pending)?  And pay close attention to the median days on market:  half of all homes for sale under contract happened in less than 3 weeks!  It's good to be a seller if your home is in good condition and priced right!
  • The shrinkage in inventory is good news for the builders as the decrease in resale availability brings more buyers to them. 
  • Sales in the luxury range continue to be more limited, accounting for only 12 of the 241 completed sales.
  • Distressed (short sales and foreclosures) continue to be a fairly small segment of Warren County homes for sale.  Currently the 861 homes for sale include 18 foreclosed homes and 18 short sales.  Of the 241 homes sold in April, 15 were foreclosures and 1 were short sales. 
  • Bottom line, if you need to sell a home, there's a lack of homes for sale and there's still enough activity to support getting our marketing to work for you.  If you're thinking about buying, inventory is tight.  Spring is coming soon!

Hunters Green of Mason Ohio

 Visit our 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 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


REALTORS(S) Serving Warren County Ohio & Adjacent Areas

The Liz Spear Team of RE/MAX Elite
Elizabeth Spear, ABR, CRS

William (Bill) Spear, CRS
Ask for us by name if you visit the office!

EHO Two locations: Lebanon & Mason, OH
Direct:  513-520-5305
Direct #2: 513-265-3004     
Fax: 866-302-8418


Search Homes:  Http://

Our Website:

 FacebooktwitterWordpressYouTube Pinterest








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

Comment balloon 0 commentsLiz and Bill Spear • May 01 2016 06:05AM
Warren County Ohio Real Estate Market Snapshot May 1, 2016
The Warren County Ohio real estate market is showing signs of Spring! As I look out our window more and more flowers are blooming! The azaleas & the poppies are loaded with color and more blooms are coming! The local real estate market is… more
Snowball Meets Hell
We write them for our buyers. We get them for our sellers. Offers that have a snowball's chance in Hell of getting to an accepted state unless someone has a quick dose of reality! The offers that are WAAAAAAAAAAAAAY too low in price despite the… more
But I Thought The Home Was For Sale??!!
You're looking for homes to see and you're checking the list that we sent you, poking around on other websites too, hoping to find that perfect match! You send us a list of places you want to see and shortly we come back with news you won't like. … more
Another Buyer Has A Shaker Run Home In Lebanon Ohio!
Shaker Run is a Lebanon area golf course community that we keep going back to! And today, for the third time we helped a buyer couple find that just right match in Shaker Run! The closing this morning was smooth and easy, and now they'll prep… more
Ohio's Consumer Guide To Agency Relationships Is NOT A Contract!
What???? You want me to sign something?? But we JUST met!! " And that ladies and gentlemen is EXACTLY the point. One of our first orders of business, because it is Ohio law AND it makes sense, is to review how Ohio agents work with the… more
New Price! Former Builder's Model Home Lebanon Ohio For Sale
Our sellers are SERIOUS about getting a deal done soon for this former model home located in Lebanon's Trails of Shaker Run! We've just taken $5000 off the price and are now asking $250, 000. That's ten thousand dollars LESS than some recently… more
Another West Chester Ohio Home Sold By The Liz Spear Team
We read the tea leaves for the West Chester Ohio real estate market and priced the home to meet our sellers' need for a quick sale. The actual work had started months before when we met and discussed how to be best prep the home for sale. When… more
Cincinnati 55+ Community Patio Home Sold Heritage At Miami Bluffs
For the second time this year, we assisted buyers purchasing a patio home in Cincinnati's ONLY 55+ community, Maineville's Heritage at Miami Bluffs! The first time this year was a new construction patio home in the back of the community, and today… more
Where Can I Find New Construction Cincinnati Patio Homes For Sale?
If you're searching Cincinnati patio homes for sale you're probably going to find our pages and search pages for Cincinnati patio homes. But if you're searching for Cincinnati new construction patio homes for sale, the search gets a bit harder. … more
What's My Morrow Ohio Home Worth? March 2016
What's My Morrow Ohio Home Worth? March 2016 We're past the 1/4 point for the year and Mother Nature STILL threw down some snowflakes Saturday! Is the local Morrow real estate market still chilled or showing signs of Spring?? Stay with us for the… more