Mahoning County real estate market statistics continue to show a slight downslide as current economic conditions negatively affect area home values.
Year-to-date through June 2011 there are 11% less new listings, 4.7% less pending accepted contracts, and 8.6% less closed sales when compared to the same 6-month period of 2010. It is taking an average of 146 days on the market to get a property sold, which is up 4.6% from 139 days in 2010.
The median sales price in Mahoning County is $70,000, which is down 9.1% from $77,000, for the first six months of 2010, and sellers are receiving approximately 85.5% of their listed price.