In today's climate of home buying, correctly priced homes are selling very quickly. It's not uncommon for a home to sell after ONE day on the market!. The average around the Great Cincinnati market is around 2 weeks!. Yep it's a seller's market, currently. According to the MLS, as of today (5/18/18), homes between $175,000 & $250,000 are on the market no longer than 30 days 71.43% of the time. Cincinnati seems to be one of the hottest markets in the country on a report done by Cincinnati.com. 'Cincinnati with homes in the area sitting on the market for an average of 74 days, Zillow found.' That's from offer to keys in hand! AND the pace of sales is expected to pick up heading into the spring and summer selling season when children are out of school and many families beginning their search for a new home. SO! all this said, IF you're planning to purchase a home in the near future it's a good idea to have your financing in place and get your pre-approval done! That way, when you're ready to make that move on that new wonderful home you just saw, you won't miss out because you couldn't get that offer in on time!.
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