COMEY & SHEPHERD RELEASES ANNUAL RESIDENTIAL LUXURY MARKET REPORT: MANY 2011 HOMES OVER $500,000 SPENT FEWER DAYS ON THE MARKET THAN 2010
April 5, 2012
CINCINNATI, OH – April 5, 2012 – Cincinnati-based Comey & Shepherd Realtors has published its annual luxury markets report, based on sales of residential single family homes and condominiums at $500,000 and above, covering Cincinnati’s eastside and northern corridor, and the addition of Northern Kentucky. Of the twenty-one urban and suburban areas surveyed, about half of the homes sold were on the market for a shorter period of time than the prior year, despite overall economic challenges.
In a neighborhood-to-neighborhood price assessment based on single-family home sale prices comparing all MLS (multiple listing service) listings of 2010 home sales to 2011 home sales, the report shows that the number of days on the market before a sale decreased in select neighborhoods:
All of Comey’s $ 500,000+ listings are distinguished by the Christie’s International Real Estate moniker, marketed locally, nationally and internationally through a market-exclusive licensing agreement. To view the complete Cincinnati luxury market report, visit http://www.comey.com/.
About Comey & Shepherd
Comey & Shepherd is a full service real estate agency focused on providing buyers and sellers with the guidance and expertise necessary to complete a successful real estate transaction, from a competitive market analysis to Comey & Shepherd’s own mortgage company. Leveraging over 60 years of experience in the Greater Cincinnati area, Comey & Shepherd is a local company that takes a personal approach their business. For more information about Comey & Shepherd, visit http://www.comey.com.
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