Market Update-Greater Cincinnati MLS

New Listings 110  
Back on Market 22  
Price Increases 6  
Price Reductions 72  
Pendings 69  
Solds 38  
Expireds 38  
Inactives 25  

New Listings: 110

Avg LP: $163.311

Pendings: 69

Avg LP: $145,121

Solds:38

Avg SP: $131.070

All 3 categories stayed in line with the averages we have been experiencing over the past weeks. Nearly 70 pendings yesterday can point to a still steady number for December.

I mentioned at the end of November and several time prior that distressed bank owned homes were being held in inventory to be released onto the market with great volume during the timetable we are in now. Based on the Avg. LP of the new listings, I am still not seeing an extreme amount of bank owned listings enter our market place.

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