Robinson Sotheby’s International Realty is bringing its commitment to excellence, expertise, and exceptional service to one of the region’s most treasured communities.
We look forward to welcoming you to our new office in historic downtown Montgomery located at 9429 Montgomery Road, 45242.
(located directly across the street from the Montgomery Inn)
Butterflies of Madagascar at the Krohn Conservatory in Eden Park March 24 -June 17
Robinson Sotheby’s International Realty … March eNewsletter
HAPPENINGS CONTINUED …
Visual Arts
Now – May 20: William Kentridge: More Sweetly Play the Dance. Contemporary South African artist William Kentridge’s More Sweetly Play the Dance makes its North American museum premiere at the Cincinnati Art Museum.
Sporting Events
March 29: Cincinnati Reds Home Opener
FC Cincinnati Home Game: April 7 Louisville City FC
Feb 24 – 25: 20th Century Cincinnati at Sharonville Convention Center. Mid-century modern art, furnishings, and fashions.
Mar 2 – 4: Christian Moerlein Brewery Event Hall is the center of Bockfest, one of Cincinnati’s favorite harbingers of spring.
Mar 7: Basic Organic Vegetable Gardening at the Civic Garden Center. 6-7 pm. To register click here.
Now – Mar 29: Show and Tell on the Farm at Chrisholm Historic Farmstead. Programs feature special some furry and some feathery guest stars!
Now – Mar 28: Mount St. Joseph University presents a moving film series Years of Living Dangerously featuring creative and innovative solutions to combat the devastating effects of climate change.
Now – Apr 21: ArtsWave Days. Each Saturday from February 3rd through April 21st, ArtWave Days will feature a set of curated events with a different theme, focus and venue. Visit website for information on time and venue.
In 2017, our sales agent, Elizabeth Burk, sold this extraordinary home located on Grandin Rd. According to the Cincinnati MLS, it was the 11th highest residential sale in 2017 for the greater Cincinnati area.
Despite a slight dimming in December, existing-home sales for the 2017 year were at a record not seen in 11 years, according to the National Association of REALTORS® (NAR).
Existing-home sales in December totaled 5.57 million, a 3.6 percent decrease from November, but a 1.1 percent increase from 2016. Inventory decreased 11.4 percent to 1.48 million, 10.3 percent lower than the previous year. Lawrence Yun, chief economist at NAR, attributes these impressive statistics to steady job growth, which sparked new buyers. However, he also made the point that new listings, particularly later in the year, did not keep up with the buyers’ demand. If the number of homes available for purchase had stayed on pace with the number of new buyers, the end of 2018 would have finished on an even stronger note.
Nevertheless, 2017 was an outstanding year for home sales. According to Joseph Kirchner, senior economist for realtor.com, strong employment and millennial buyers were credited for the increase in sales. Like Yun, he acknowledges the lagging supply in December as the main culprit for the dimming sales at year’s end.
The median existing-home price for all types of houses (single-family, condo, co-op and townhome) was $246,800, a 5.8 percent increase from one year prior. The median price for an existing single-family home was $248,100, while the median price for an existing condo was $236,500.
Single-family existing-home sales came in at 4.96 million in December, a 2.6 percent decrease from 5.09 million in November, but a 1.0 percent increase from 4.91 million in 2016. Existing-condo and -co-op sales came in at 610,000, an 11.6 percent decrease from November and a 1.7 percent increase from one year prior.
There are some positive indicators that 2018 could be another fantastic year. Pending home sales were up slightly in December according to the NAR and our country continues to experience job stability and a low unemployment rate. At Robinson Sotheby’s International Realty, we just had our best January since 2011.
Adapted from “Existing-Home Sales: A Dim End to a Bright Year,” by RISMedia Staff
Special Thanks to Automotive Photography by Deremer Studios LLC – 2017 Amelia Island Concours d’Elegance
The Concours d’Elegance in Cincinnati will take place in beautiful Ault Park the weekend of June 8-10. Call for nominations are currently open now through April 1, 2018. If you have a vehicle you would like to enter in this year’s show, click here.
At Robinson Sotheby’s International Realty, we know that June often feels like a long way off this time of year. If you feel you simply cannot wait until June to see an extraordinary display of some of the world’s finest, collectible antique and rare automobiles, the Concours d’Elegance will be held in Amelia Island, Florida from March 9-11. Click here for more information.
One of the most anticipated events at the Amelia Island Concours d’Elegance is their annual auction of stunning automobiles. Our friends at RM Sotheby’s will be holding the auction on March 10 from 11:00 am – 4:00 pm. A preview of the carefully curated roster will be open to the public at the show. You can also preview the selection of automobiles online.
If you’re planning to go:
LOCATION
The Ritz-Carlton
4750 Amelia Island Parkway
Amelia Island, Florida 32034
Left: Florentine School, 16th Century, “Portrait of Dante”; Right: Florentine School, 16th Century, “Portrait of Petrarch”
Robinson Sotheby’s International Realty is pleased to announce that our friends at Sotheby’s New York are hosting an auction of “Master Paintings & Sculpture” on February 2. Auction items range in value from $450,000 for a sculpture from 1500 to $1450 for a 1400’s candle holder in the shape of a man. Two paintings that caught our eye are shown above. Each is expected to sell for up to $60,000. According to Sotheby’s, this sale will feature a number of rare and fresh-to-market paintings from the 15th to the 19th centuries, including a number of impressive British portraits and an important group of Dutch paintings from a New York private collector. Click here to browse the entire lot.
Neighborhoods with the HIGHEST % of Sales to Active Listings
(Only neighborhoods at least 15 combined actives & solds are included.)
Pleasant Ridge — 129% (9 sold, 7 active)
Clifton — 100% (24 sold, 24 active)
Oakley — 93% (13 sold, 14 active)
Neighborhoods with the LOWEST % of Sales to Active Listings
(Only neighborhoods at least 15 combined actives & solds are included.)
Mariemont — 13% (3 sold, 24 active)
South Lebanon — 13% (4 sold, 30 active)
Mt. Adams — 17% (4 sold, 24 active_
• Info compiled from the Greater Cincinnati Multiple Listing Service (MLS).
• Figures include single family & condo sales for December 1 to 31, 2017.
• For all current listings from around the region, log onto www.RobinsonSIR.com
** For details about “Days on Market” click here –> DOM
Robinson Sotheby’s International Realty is bringing its commitment to excellence, expertise, and exceptional service to one of the region’s most treasured communities.
