Posts from January 2020
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Ohio housing market posts gains in sales, average price in 2019
Ohio housing market posts gains in sales, average price in 2019 Jan 22, 2020 The Ohio housing marketplace was extremely active in 2019 as the sector surpassed the prior year's levels in sales activity, average sales price and total dollar volume, according to Ohio REALTORS. Homes sales reached 154,650 in 2019, a 1.6 percent increase from the 2018 year-end level of 152,208. The average sales price across Ohio in 2019 reached $193,663, a 5.9 percent increase from the $182,843 mark posted during 2018. Finally, total dollar volume in 2019 reached $29.9 billion, a 7.6 percent increase from the 2018 level of $27.8 billion. "It was a solid year for the Ohio housing market, as we experienced healthy gains in sales activity and in average pricing," said Ohio REALTORS President Chris Reese. "It is evident that Ohioans appreciate and understand that housing is a solid, long-term investment. "Ohio's REALTOR community is proud to have played an integral role in helping people navigate the comple...