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The pace of homes sold across Ohio in April reached a record-breaking level, according to Ohio REALTORS.
"Activity in April was extremely robust across the Buckeye State, as our sales totals reached record-breaking levels," said Ohio REALTORS President Tiffany Meyer. "Equally important, the marketplace achieved a continued, steady rise in the average sale price, an indication that housing is a solid, long-term investment.
"The profession is hopeful that we'll see an uptick in the number of homes being marketed for sale, a key factor in ensuring that the momentum we've attained continues," Meyer added.
April's average home price of $179,366 reflects a 5.3 percent increase from the $170,375 mark posted during the month last year.
Sales in April reached a best-ever seasonally adjusted annual rate of 156,594, a 3.3 percent increase from the 151,525 level during the month a year ago. The month's previous record rate of home sales occurred in April 2016, when the level of...
