Mahoning County Real Estate Market Indicators April 2012

For the first four months of 2012 pending sales are up 29.2% and closed sales are up 19.2% from the same period last year.  

The average days on the market are about the same, at 152, and the average sales price of $87,123 and median sales price of $65,00 have shown no significant change.  

Housing inventory is down to an 8.9 months' supply, from 12.4 months a year ago, a much healthier level.

These trends are promising.  We all have our fingers crossed that the trend will continue leading to a normalized market and higher home values for Mahoning County homeowners.

To read a full report including charts and graphs dating back to 2004, please click on the '1 Attachment' link in the gray bar under this blog post.