Monthly Real Estate Sales Report—September-October, 2013
The market continues to be robust! But, with rising mortgage interest rates, the length of days on the market for higher priced homes and the gap between asking and selling prices has increased. This may be an anomaly, but it bears watching.
Neighborhood | # sold | Active Listings | Average List | Average Sale Price | Days on Market |
---|---|---|---|---|---|
Mariemont | 4 | 28 | 515,879 | 330,725 | 333 |
Terrace Park | 1 | 27 | 607,611 | 863,000 | 93 |
Indian Hill | 3 | 100 | 1,600,028 | 1,086,667 | 173 |
Maderia | 19 | 53 | 373,304 | 286,869 | 26 |
Madison Place | 2 | 14 | 110,543 | 137,000 | 60 |
Hyde Park | 27 | 65 | 631,351 | 386,898 | 43 |
Newtown | 2 | 21 | 155,171 | 131,750 | 24 |