Cincinnati Weekly Real Estate Market Update

Market Activity & Inventory

• Inventory remains tight: Month's supply is at 1.8, signaling a strong seller’s market with limited inventory relative to demand.
• Pending activity is robust: Pending ratio stands at 63%, meaning nearly two-thirds of active listings are under contract—competition remains high for buyers.

Pricing & Offers

• Pricing stability: The average list price for active homes is $420,679, with homes going under contract at an average of $401,253.
• Sale-to-list price strength: On average, sold homes are achieving 99.2% of their final list price, showing that sellers are getting very close to what they’re asking.

Days on Market

• Homes are moving quickly: Average days on market for sold homes is 25, with a median of just 7 days. Well-priced homes are selling fast, especially in the most in-demand price ranges.

Advice for Buyers & Sellers

• For Sellers: With low inventory and strong buyer demand, this is an excellent time to list. Pricing competitively and preparing your home well can help you achieve top dollar quickly.
• For Buyers: Be prepared to act fast and present strong offers, as many homes are still selling near or at list price. Pre-approval and flexibility are key.