Mahoning County Real Estate Market Indicators July 2012

Continued good news for the greater Youngstown area real estate market. 

Year-to-date real estate market statistics for Mahoning County show:

  • Pending Sales  +24%
  • Closed Sales  +17.7%
  • Median Sales Price  +5.5%

The only bad news is that inventory is low . . . which means buyers don't have a lot of choices.  Homeowners are still not selling unless they need to . . . for various reasons . . . but mostly because they have less equity in their homes.  However, if you do want to sell your home it's a great time.  Buyers are lining up in certain price ranges and just waiting for the right home to come on the market. 

We are experiencing multiple offers on properties that are priced close to market value.

To find out what your home is worth in today's market, Contact Us.  We will provide you with an expert evaluation of your property and recommendations on preparing and staging your home to get the most value from what you own.

Click on the Attachment link in the gray bar below this post to view the entire Market Indicators report, which is courtesy of Youngstown-Columbiana Association of REALTORS®.

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columbiana_mahoning_mmi_2012-07.pdf2.35 MB