May 2022 – Listing Prices Continue to Increase

April 2022 to May 2022 showed a 3.6% increase in new listings, and the average days on the market increased to 3 days. While we are beginning to a rise in the active inventory numbers, we saw a sharp 7.1% increase in median sales price from April to May 2022 as well. On Average, listings sold are receiving an average of 103.2% of the list price. “If selling your home is in your future…now is the time. Interest rates are rising,” says Kay Edwards, REALTOR? Alliance of Greater Cincinnati President. “Contact your local REALTOR? today!??