Ohio Posts 10th Consecutive Month of Positive Sales
Home sales activity throughout Ohio continued to make gains in April, helping the marketplace post 10 consecutive months of positive sales.
Sales of new and existing homes posted a 11.3 percent jump during the first four months of 2012 compared to the same period a year ago, reaching 30,609 sales compared to the 2011 result of 27,491.
Not only did sales levels during the first four months exceed the pace of a year ago, the average sales price (January through April) throughout Ohio this year increased 3.8 percent, reaching $122,373 versus the 2011 mark of $117,673.
Total dollar volume this year is nearly $3.8 billion, a 15.8 percent increase from last year’s four‐month mark of more than $3.2 billion.
Sales in April reached 9,099, an 8.1 percent increase from the 8,420 sales posted during the same period a year ago. The month’s average sales price of $130,003 is a 5 percent increase from the April 2011 mark of $123,544.
Total dollar volume in April nearly reached $1.2 billion, a 13.7 percent increase from the $1 million mark posted a year ago.Read More