Connecting You to a World of Ideas
Play Live Radio
Next Up:
Available On Air Stations

Housing market continues to see double-digit increases


Home sales up 24% in Cincinnati

For the 26th straight month Cincinnati homes sales have continued to climb. In August they were up 24% when compared to the same month last year. President of the Cincinnati Area Board of Realtors Kevin Kelly says, "Our local housing market is very active and properties that are in good condition and are prices right seem to be selling quickly."

  • Mortgage rates are up about 1% from a year ago
  • The inventory of homes for sale has declined 10%
  • Average selling price $171,417

Home sales up 15% in Northern Kentucky

The Northern Kentucky Association of Realtors says buyers are finding they have to act quickly because more and more properties are involved in multiple offer situation. From August, 2012 to August, 2013 home sales were up 15%. This is the 26th straight month of increases.

  • Average selling price $156,131

Nationwide, August home sales were up 13.2% since August of 2012.

Ann Thompson has years of journalism experience in the Greater Cincinnati market and brings a wealth of knowledge and expertise to her reporting. She has reported for WKRC, WCKY, WHIO-TV, Metro Networks and CBS/ABC Radio. Her work has been recognized by the Associated Press and the Society of Professional Journalists. In 2019 and 2011 A-P named her “Best Reporter” for large market radio in Ohio. She has won awards from the Association of Women in Communications and the Alliance for Women in Media. Ann reports regularly on science and technology in Focus on Technology