From January through March of 2017, there were 23 homes sold, with a median sale price of $108,000 - a 23.7% decrease over the $141,500 median sale price for the same period of the previous year. There were eight homes sold in Covedale in the first quarter of 2016.
The following table compares Covedale to other Hamilton County cities with similar median sales prices in the first quarter of 2017:
City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Dent | 24 | 13 | 84.6% | $112,575 | $102,400 | 9.9% |
Springfield Township | 78 | 29 | 169% | $112,500 | $95,900 | 17.3% |
Sycamore Township | 20 | 8 | 150% | $110,350 | $157,000 | -29.7% |
Pleasant Run | 14 | 2 | 600% | $109,000 | $85,250 | 27.9% |
Glendale | 10 | 3 | 233.3% | $109,000 | $138,900 | -21.5% |
Covedale | 23 | 8 | 187.5% | $108,000 | $141,500 | -23.7% |
Greenhills | 11 | 3 | 266.7% | $108,000 | $147,000 | -26.5% |
Norwood | 59 | 26 | 126.9% | $105,500 | $158,000 | -33.2% |
Groesbeck | 17 | 4 | 325% | $101,000 | $127,650 | -20.9% |
Bridgetown | 43 | 19 | 126.3% | $100,000 | $90,000 | 11.1% |
Forest Park | 42 | 23 | 82.6% | $94,500 | $100,000 | -5.5% |