Cincy Market News- Just in!

Just recived a press release from the Cincinnati Area Board of Realtors and there are some positive signs in the market.  There were 1,913 homes sold in May, the 4th month of increased sales. 

               2008 Home Sales          Inventory

January             1,130                    13.31

February          1,334                    11.32

March              1,557                      9.75

April                 1,636                      9.49

May                 1,913                      8.38

 I am particularly jazzed to see the months of inventory shrinking.  A balanced market would see inventory in the 5-6 month range and though we aren’t there yet, you can see we are on the way.  Wondering whether it is time to put your house on the market?  Feel free to contact me for more information.

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