Warren County Ohio Real Estate News and Observations: Ohio: Maineville

What's My Maineville/Hamilton Township Home Worth? December 2014 Update

What's My Maineville/Hamilton Township Home Worth?  December 2014 Update

5891 Eagle Creek Maineville/Hamilton Township OH 45039Cold and snow don't seems to have frozen the Mainevillle & Hamilton Township real estate markets!  Buyers are still out there, although the number of sellers on market has continued to drop.  New construction continues though, and that is contributing some high end sales to the area. 

Stay with us for the full report!  And  as a bonus we're including Search for Maineville/Hamilton Township Homes For Sale links at the end for your home search convenience.

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 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 sample Hamilton Township community

So, on to the review!
 
First up is the number of Maineville/Hamilton Township area single family homes sold on a month by month basis starting in 2010:
Maineville/Hamilton Township Ohio Residential Home Market Report
Next is the Maineville/Hamilton Township median price summary chart.
Maineville/Hamilton Township Single Family Home Market Report

 

Maineville/Hamilton Township 45039 Single Family Home Category Data Summary:

Homes Sold:  32 (2 Bank/Government Owned, 1 Short Sale) UP 8

Average Price:  $262,062 UP $50kAnother Maineville/Hamilton Township home we sold

Median Price:  $214,694 UP $21.5k

Days on Market Average:  90 DOWN 19

Homes Active 1/11/15:  135 DOWN 6

Homes Pending 1/11/15: 36 DOWN 12

Average Sales/List %:  98.3% UP 5.6%*

Most Expensive Home Sold:  $555,120

Least Expensive Home Sold:  $49,000

 

So what can we determine from the latest statistics? 

  • Another part of Warren County that actually had MORE sales in December than in November! 
  • Pricing was more spread out this month, with a tilt to the upper side.  Only 1 home sold below $100k, but 10 above $300k.  That 10 includes 3 above $400k and another 3 above $500k.  That many homes above $300k explains why we have the best median price of 2014.
  • Days On Market decreased, not what you'd expect this time of year.
  • Homes under contract is dropped, but that is typical for this time of year.. 
  • Distressed (foreclosures and short sales) continue to have minimal impact at this point.  Only 3 of the 32 Sold and 9 of the 135 not under contract.   We like to see minimal foreclosures and short sales on the market, a scarcity is a solid indicator that home values cover borrowing costs.

So what does this mean to you as a Maineville/Hamilton Township single family home owner?   The decrease in inventory gives you an edge as there are still buyers needing a good match.  It's tough to do much with curb appeal with snow on the ground, so focus on making sure the interior presents as well as possible.  A rug inside the door to get the snow wiped off shoes is key too.   While there are fewer buyers looking than during summer months, you can safely assum that buyers in 10 degree weather aren't doing it just for fun.  

It's still critical to price right, prep your home and hire an experienced real estate team .  We don't see a lot of truly negative in this month's report to discourage offering your home for sale if it makes sense for you!  However, keep in mind the new construction competition.

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 from last month's advice.  You have LESS to choose from this time of year, but you should be able to assume that anyone with their home on the market this time of the year is serious about getting their home sold and not a "I don't have to move" type seller.  Still, 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. 

Additionally, new construction is 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:

November 2014 Maineville/Hamilton Township Real Estate Report

October 2014 Maineville/Hamilton Township Real Estate Report

September 2014 Maineville/Hamilton Township Real Estate Market Report

August 2014 Maineville/Hamilton Township Real Estate Market Report

July 2014 Maineville/Hamilton Township Real Estate Market Report

June 2014 Maineville/Hamilton Township Real Estate Market Report

May 2014 Maineville/Hamilton Township Real Estate Market Report

April 2014 Maineville/Hamilton Township Real Estate Market Report

March 2014 Maineville/Hamilton Township Real Estate Market Report

February 2014 Maineville/Hamilton Township Real Estate Market Report

January 2014 Maineville/Hamilton Township Real Estate Market Report

December 2013 Maineville/Hamilton Township Real Estate Market Report

November 2013 Maineville/Hamilton Township Real Estate Market Report

October 2013 Maineville/Hamilton Township Real Estate Market Report

REALTORS(S) Serving Warren County Ohio & Adjacent Areas

The Liz Spear Team of RE/MAX Elite
Elizabeth & William Spear
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

MailTo:  LizSpear@Go-Concepts.com

Our Website:  www.LizTour.com

 FacebooktwitterWordpressYouTube Pinterest

 

 

 

 

 

 

OUR SERVICE AREA:


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

3 commentsLiz and Bill Spear • January 11 2015 12:43PM
What's My Maineville/Hamilton Township Home Worth? December 2014…
share
What's My Maineville/Hamilton Township Home Worth? December 2014 Update Cold and snow don't seems to have frozen the Mainevillle & Hamilton Township real estate markets! Buyers are still out there, although the number of sellers on market… more
What's My Maineville/Hamilton Township Home Worth? November 2014…
share
What's My Maineville/Hamilton Township Home Worth? November 2014 Update No doubt Jack Frost is making his presence known more and more. The occasional snow, needing an ice scraper for the windshield in the morning, and should we add a slow down… more
What's My Maineville/Hamilton Township Home Worth? October 2014 Update
share
What's My Maineville/Hamilton Township Home Worth? October 2014 Update The leaves have fallen off the trees and that usually indicates a slow down in the real estate market. However, the Maineville area continues to buck the trend for the local… more
What's My Maineville/Hamilton Township Home Worth? September 2014…
share
What's My Maineville/Hamilton Township Home Worth? September 2014 Update Fall has arrived and that USUALLY means home sales slow down. But you're going to be surprised by what happened this month in the Maineville real estate market! Sales… more
What's My Maineville/Hamilton Township Home Worth? July 2014 Update
share
What's My Maineville/Hamilton Township Home Worth? July 2014 Update You can almost hear the school bells! Summer is winding down and for the most part, the peak of the Maineville real estate market. Don't get us wrong, the market is NOT bad,… more
Search Cincinnati MLS for Little Miami School District Ohio Single…
share
Search Cincinnati MLS for Little Miami School District Ohio Single Family Homes For Sale Want to search Cincinnati MLS for Little Miami School District homes for sale Whether you're thinking of moving to Maineville, Morrow or Hamilton… more
What's My Maineville/Hamilton Township Home Worth? June 2014 Update
share
What's My Maineville/Hamilton Township Home Worth? June 2014 Update Summer is HERE! July 4th and the fireworks in the sky have come and gone, but the fireworks and the heat from the Maineville real estate market have NOT left! We think you're… more
Maineville/Hamilton Twp Ohio 45039 Single Family Home Market Report…
share
Maineville/Hamilton Twp Ohio 45039 Single Family Home Market Report May 2014 All the signs of Summer's approach are here: thunderstorms, graduations, amusement parks open, festivals! So has the heat extended to the Maineville Ohio market? … more
Maineville/Hamilton Twp Ohio 45039 Single Family Home Market Report…
share
Maineville/Hamilton Twp Ohio 45039 Single Family Home Market Report April 2014 The thunderstorms rolling through today made it pretty clear Winter is gone! We even saw our first hummingbird this morning! Did the warming trend extend into the… more
Maineville/Hamilton Twp Ohio Real Estate Market Report March 2014
share
Maineville/Hamilton Twp Ohio 45039 Single Family Home Market Report March 2014 The cold is gone and we're seeing signs that the Warren County real estate market is heating up! Did the heat extend into the Maineville Ohio market? We think it did… more