Home Sales See Mixed Results in April
YOUNGSTOWN, Ohio – Area home sales in April were slightly above their marks from the previous year, with 523 sold in Mahoning, Trumbull and Columbiana counties, just nine more than April 2018.
The gain was driven largely by activity in Mahoning County, where 275 houses were sold last month, up from 247 last April. In Columbiana County, sales were even with a year ago at 82 sales. Trumbull County saw a decline to 166, down 19 from April 2018.
Year-to-date, Mahoning and Columbiana counties are ahead of 2018 figures, while Trumbull County is slightly off pace. According to data from the Youngstown-Columbiana Association of Realtors, 810 houses have been sold in Mahoning County so far this year, 32 more than at this point in 2018, while Columbiana County is at 274 sales, up 36. And according to the Warren Area Board of Realtors, there were 587 sales through the first four months of this year, three fewer than a year ago.
In all three counties, the median sale price in April was well above the previous year. Mahoning County had the highest price point at $110,000, up from $92,750. In Columbiana County, the median sale price last month was $109,889, up from $91,870 last year. And in Trumbull County, the median price was $103,000, ahead of April 2018’s $92,000.
In Mahoning and Columbiana counties, however, the prices were a drop from March, when the median sales were $135,413 and $113,849, respectively. Trumbull County’s median price in March was $102,583.
Copyright 2020 The Business Journal, Youngstown, Ohio.