March 2025 Greater Cincinnati Real Estate Market Update | Kristine Green, Realtor®

🏡 March Real Estate Market Update – Greater Cincinnati & Beyond

As we wrap up the month of March, the real estate market has officially shaken off its winter slumber. Between increased showing activity, new listings hitting the market, and buyers circling back after taking a break in Q4 and early Q1, signs of a spring awakening are here. Here’s a look at how the month unfolded:

📅 Week-by-Week Breakdown

Week 1 (March 1–9): The beginning of March came in like a lion—with a noticeable uptick in online property searches and open house attendance. Many buyers who had paused their search during the holidays or in response to high interest rates in late 2023 began re-engaging. Sellers started preparing their homes, but inventory remained tight.

Week 2 (March 10–16): Mid-month brought a significant shift in pace. As the weather warmed, listing appointments increased, and more homes came to market. Mortgage rates remained a top conversation point, especially as many buyers weighed whether to buy now or wait. Multiple-offer situations returned for well-priced properties in desirable neighborhoods.

Week 3 (March 17–23): This week saw spring market energy pick up speed. New construction developments gained attention as resale inventory remained limited. Interest in luxury homes also picked up, driven by cash buyers and those relocating to the area. Many agents reported bidding wars beginning again—especially on updated homes priced under $500K.

Week 4 (March 24–31): As we closed out the month, the momentum was undeniable. Buyers who had been sitting on the sidelines due to winter weather or market uncertainty jumped back in. Meanwhile, sellers benefited from well-prepared listings and strategic pricing. March ended with more buyer confidence than we’ve seen since early 2022.

🔍 What’s Driving the Market?

Interest Rates: Although still higher than the pandemic lows, recent rate dips motivated pre-approved buyers to act before rates climb again.
Inventory: We’re still in a low-inventory environment, creating a window of opportunity for sellers to capture attention without heavy competition.
Buyer Psychology: Many buyers now understand that waiting for the “perfect” interest rate may cost them more in rising home prices.
Seasonal Surge: Spring brings out more casual shoppers, but this year’s market is seeing serious buyers who are ready to move.

💡 What This Means for You

If you’re a seller:
Now is a powerful time to list. The March-to-May window historically brings the most qualified buyers—and if your home is market-ready, you may receive top-dollar offers in less time than you expect.

If you’re a buyer:
Be prepared to act quickly. Getting pre-approved, setting alerts for new listings, and working with an experienced agent can make or break your success in this competitive season.

📈 Local Market Stats Snapshot (Greater Cincinnati – March 2025)

New Listings: Up 15% month-over-month
Average Days on Market: 21 days (down from 31 in February)
Median Sales Price: $305,000
Homes Sold Over Asking: 28% of listings
Inventory Level: Still under 3 months’ supply

📣 Final Thoughts

The March market confirmed what many of us anticipated—2025’s spring market is off to a brisk start. Whether you’re buying, selling, or just keeping an eye on the market, staying informed helps you make confident decisions. If you’re considering a move, let’s connect. I’m here to help you time it right and navigate every step of the way.

👉 Schedule your complimentary home valuation or buyer consultation here.