But, that overall trend has seen new extremes in the past few months according to data from the Realtor Association of Greater Cincinnati.
Compared to May 2022, closed sales in Butler County dropped 20% and new listings dropped 19.5% while prices rose 11.1%. In Warren County, closed sales dropped 33.1% and new listings dropped 7.9% while prices rose 2.7%.
In May, both counties combined showed a 23.3% drop in closed sales and a 22% decrease in new listings year-over-year. In April, sales dropped 26.5% and listings dropped 29.8% year-over year.
Below is the full housing market data, provided by RAGC.
- Butler County housing data: May 2023
- Closed sales: 360 (down 20% from 450 in May 2022)
- New listings: 402 (down 19.5% from 574 last May)
- Median sale price: 299,9000 (up 11.1% from $269,950 from last May)
- Warren County Housing data: May 2023
- Closed sales: 237 (down 33.1% from 354 from last May)
- New listings: 302 (down 7.9% from 328 from last May)
- Median sale price: $375,000 (up 2.7% from $365,000 last May)
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