Banking & Finance

January House Sales Dip from Year Ago

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YOUNGSTOWN, Ohio – Sales of houses in the tri-county area started 2017 down slightly from last year, the latest monthly data show.

A total of 340 houses were sold in January, according to data compiled by the Youngstown Columbiana Association of Realtors and the Warren Area Board of Realtors. That’s down from the 358 units sold in January 2016 and from the 450 in December.

Unit sales were down in both Mahoning and Trumbull counties, while ahead by just one sale in Columbiana County.

In Mahoning County, 168 houses were sold last month, compared with 177 a year earlier and 214 in December.

In Trumbull County, 116 units were sold, down from 126 in January 2016 and from 164 in December.

In Columbiana County, 56 houses were sold, one more than the 55 in January 2016 but down from the 72 sold in December.

Average sale prices were down year-over-year in both Trumbull and Columbiana counties in January. Last month, the average sale price in Trumbull was $84,477, compared with $99,237 in January 2016 and down from $99,269 in December.

Columbiana’s average sale price was $90,230, down from $100,194 a year earlier but up from December’s $84,122.

Mahoning County’s average sale price rose year over year — $104,045 in January, up from $87,496 a year earlier – and was off just slightly from December’s $104,549.

Published by The Business Journal, Youngstown, Ohio.