The rate of homes sold across Ohio in February fell 1.7 percent from the level posted during the month a year ago, according to Ohio REALTORS.

"The housing market across the Buckeye State was extremely solid in February, as the rate of sales activity nearly kept pace with the record-breaking level established during the month a year ago," said Ohio REALTORS President Tiffany Meyer. "Additionally, we're also experiencing continued gains in the average price, an indication that housing is a solid, long-term investment.

"As we move into the traditional spring home buying season, Ohio's REALTOR community is hopeful that we'll see an increase in the number of homes being marketed for sale to meet growing demand," Meyer added.

February's average home price of $165,889 reflects an 8.8 percent increase from the $152,514 mark posted during the month last year.

Sales in February reached a seasonally adjusted annual rate of 149,042, a 1.7 percent decrease from the 151,634 level during the month a year ago. The market experienced a 2 percent increase in sales from January's seasonally adjusted annual rate of 146,091.

Around the state, the average sales price increased in 12 of the 18 markets tracked. A total of six markets experienced an uptick in total sales activity.