Real Estate market update for Blue Ash, Ohio for 2024

Blue Ash, Ohio Real Estate Market Analysis 2024

Welcome to our overview of the Blue Ash, Ohio real estate market for 2024! This report offers a snapshot of how the housing market has been performing this year, focusing on the number of homes sold, price trends, and how quickly homes are selling. Whether you’re thinking of buying a home, selling one, or just curious about the market, this analysis will provide you with valuable insights.

Total Market Overview: In 2024, Blue Ash has seen a total of 189 property listings. Out of these, 169 were successfully sold, and 20 were either withdrawn from the market or expired without a sale.

Home Characteristics:

• Bedrooms: Most homes for sale in Blue Ash have 3 bedrooms, but some have as many as 5.
• Bathrooms: The average home has 2 bathrooms, with some homes featuring up to 5.
• Size: Homes vary in size, with living spaces ranging from 891 to 6,391 square feet.

Pricing Details:

• Listing Prices: On average, homes were listed for about $525,246, but prices ranged from as low as $0 (likely indicating homes offered for auction) to as high as $1,995,000.
• Selling Prices: The average selling price was slightly lower at $519,629, with the highest selling price at $1,349,000.

Market Activity:

• Days on Market (DOM): Homes in Blue Ash are selling fairly quickly, with an average of 38 days on the market. The fastest sales happened in just a few days, while some homes took longer to sell, up to 446 days.
• Price Negotiation: Homes typically sold for about 104.63% of their listed price, indicating a strong market where buyers are often willing to pay more than the asking price.

Market Trends:

• Fast Sales: The bulk of the homes (75%) sold within the first 30 days on the market.
• Steady Prices: Most homes sold close to their asking prices, showing that home prices in Blue Ash are stable and predictable, which is great news for both buyers and sellers.

Conclusion: The Blue Ash real estate market in 2024 has been active and favorable for sellers, with most homes selling quickly and for prices close to or above the asking price. Buyers need to act swiftly in this market to secure their desired homes.

Whether you are planning to buy or sell, understanding these trends helps in making informed decisions. If you’re looking to move to Blue Ash or sell your property here, the current market conditions are promising.

Interested in buying or selling a home in Blue Ash? Let’s connect to discuss how you can benefit from the current market conditions. Reach out today to start your real estate journey in one of Ohio’s most vibrant communities!