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By Carl Horst, Ohio REALTORS Director of Publications/Media Relations
The latest review of the Ohio housing marketplace shows a continued rise in list prices and fewer days homes are being marketed compared to July 2016. Overall, the Buckeye State is continuing to confront the challenges posed by historically low inventory levels of homes listed for sale.
The headline from realtor.com's July 2017 Housing Report, which tracks inventory of for-sale single-family homes and condos, median list prices, inventory levels and days on the market for cities across the country, is that the market continues to favor sellers, with homes selling faster than last year in eight out of 10 markets. More:
Prices in the residential real estate market remain at seasonal and historical peaks while for-sale inventory remains very limited, according to...
