Banking & Finance

October Home Sales on Par with 2017 Figures

YOUNGSTOWN, Ohio – Home sales in the Mahoning Valley last month lagged behind October 2017’s figures, according to newly released data from the Youngstown Columbiana Association of Realtors and the Warren Area Board of Realtors.

In October, 512 homes were sold in Mahoning, Trumbull and Columbiana counties, 12 units ahead of the total in September but down from 530 in October 2017. Year-to-date, 4,859 homes have been sold, down from the 4,922 sold through the end of October last year.

Mahoning County led the three-county area last month with 243 homes sold, four more than October 2017 and down four from September. The median sale price in the county was $109,500, a 19% gain from October 2017.

Trumbull County saw a rebound as 193 houses were sold last month, helping the county recover from September’s dip when 168 were sold. Year-over-year, sales rose by four units, while the median sale price slipped 6.2% to $90,700.

In Columbiana County, home sales were down 25.5% from the previous year as 76 were sold in October. The figure is also down from September, when 85 were sold. The median sale price rose from October 2017, however, climbing slightly to $112,000, a 1.5% gain.

Published by The Business Journal, Youngstown, Ohio.