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Warren County Ohio Real Estate Market Snapshot March 1, 2020
Warren County Ohio is in the in-between time period. We get warm, we snap cold and get a few snowflakes, and repeat! Is the Warren County real estate market behaving the same way?
Stick around for a top level overview!
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 3/1/2020: 387 DOWN 25
Number of Homes Under Contract (Pending) 3/1/2020: 397 UP 95
Number of Homes SOLD in February: 157 DOWN 77
Average Sales Price: $300,698 DOWN $8k
Average Cumulative Days on Market for SOLD homes: 79 UP 29
Median Sales Price: $267,000 UP $13k
Median Cumulative Days on Market for SOLD homes: 33 UP 12
Minimum Price Sold: $50,500
Maximum Price Sold: $1,270,000
What are the key takeaways?
The real number that catches our attention? The HUGE shift up in the number of homes under contract. The number of new homes on the market did NOT keep up with demand, so there's even less choice than before. Expect more homes on the market as we get closer to Spring.
Time to sell is over 2 months on average, about one month on median.
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