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Single- Family Homes: It's the first single- family homesdigit annual increase since November 2001, when the median price increased an annual 9.2 percent to $238,000.
DataQuick's report covers new and previously owned single- family homesfamily homes and condominiums.
Analysts have been predicting for months that the annual appreciation rate would eventually Sink into single digits.
Cincinnatians in the 19th century built the structures of solid brick and painted them re when the soot and smudge of their industries di colored them. Their descendants still favor brie houses and still prefer the single- family homesfamily type 58% of the city's housing units are single- family homesfamil structures. Besides one-family homes, howeve Cincinnatians have accepted high-rise apartmer houses. Taking advantage of the beautiful view from its hills, Cincinnati has constructed 15- an 20-story apartment buildings, with balconies an picture windows facing the river and the hills.
The 237 single- family homesfamily homes sold in April pushed median price up 16.5 percent from a year ago, and 7.2 percent higher - $43,000 - compared to March. It surpassed the previous record of $620,000 set in January.
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