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Posts from June 29th, 2021

Galbreath Realtors

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June
29

Ohio housing market experiences uptick in sales and average price in May Jun 22, 2021 Activity across the Ohio housing marketplace was brisk in May, as sales increased 19.8 percent from the level reached during the same month a year ago, according to Ohio REALTORS. Home unit sales in May 2021 reached 14,130, a 19.8 percent jump from the 11,790 sales recorded during the month last year. The average sales price across Ohio in May reached $243,641, an 18.1 percent increase from the $206,240 mark posted during the month in 2020. "The Ohio housing market maintained its momentum in May, as both sales activity and values experienced healthy gains," said Ohio REALTORS President Seth Task. "The May results are a clear indication that the traditional spring home buying season is in full bloom. "Consumers are determined to achieve their ownership dreams despite the challenges that our current marketplace presents with historically low inventory levels throughout most markets," Task said....

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