Existing single family home sales were up +8.15% compared to July 2019. That sounds modest, but it must be considered that inventory was down -46.28%.
In contrast, new construction single home sales were up +62.35% compared to July 2019.
New construction homes represent a small part of the overall market, usually <5% of the total sales. However, it does show that home building activity right now is brisk; in fact, it's more active than any point in the past 5 years.
If you are frustrated by the lack of choices for existing homes, please reach out to discuss if building a new home is the right choice for you. Please contact me if you have any questions at 513-830-8227 or beppert@pivotrealty.com. I would be happy to discuss further.
Here is a 3 bedroom, 2 bath house in the gas light neighborhood of Bond Hill. The floor plan is open from the living room, dining room and kitchen. A beautifully finished lower level adds living space.
The Madeira Farmer's Market is every week on Thursday from 4 pm to 7 pm at the Madeira-Silverwood Presbyterian Church parking lot on Miami Avenue. Can't make Thursdays, or want to find somewhere more convenient? Here is one list of farmer's markets in the tri-state area, and here is another.
