Marker Update-Greater Cincinnati MLS (Weekend Review)

New Listings 139  
Back on Market 26  
Price Increases 5  
Price Reductions 143  
Pendings 81  
Solds 132  
Expireds 40  
Inactives 106  

As many thought that Nov 30 was the tax credit deadline, we experienced 132 closings most of which may have been Friday, and some today, including one for myself. 81 pendings over the weekend also is a support of what may be expected moving into December. We will continue to monitor that action.

139 New Listings lets review the stats on those:

Avg list price $176,645

Median list price- $141,200

These numbers are important to buyers and sellers moving into this coming winter market place.

Hot Spots for pendings today are Batavia Township and Hyde Park with 5 ea.  I think it may be important to survey the numbers for pending prices too, therefore they look like this:

Avg Pending List Price- $154,877

Median Pending List Price- $114,950

As we continue to evaluate the avg price for both new listings and pending activity we can start to see what is moving is about $21,000 less than what is being re-listed. Numbers for sellers that are very important to recognize.

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