Data and Statistics
FROM: Anjanette Frye, Ohio REALTORS President, 937.609.4281 / Carl Horst, Ohio REALTORS Vice President, External Affairs, 614.225.6205
RE: Ohio’s January 2019 Home Sales
DATE: February 21, 2019
Activity across the Ohio housing marketplace dipped in January, as sales decreased 5.3 percent from the level reached during the month a year ago, according to Ohio REALTORS.
Homes sales in January 2019 reached 8,154, a 5 percent decrease from the 8,583 sales recorded during the month a year ago. The average sales price across Ohio in January
reached $167,766, a 4.5 percent increase from the $160,501 mark posted during the month in 2018.
“The start of a new year shows Ohio’s housing sector showing positive gains pricing and a pace of sales reflective of a traditional marketplace, one that exhibits ebbs and flows,” said Ohio REALTORS President Anjanette “AJ” Frye. “REALTORS remain bullish on the marketplace – with attractive interest rates, solid gains in average sales price, sellers realistic in their pricing expectations, and consumers understanding that long-term, owning a home is a tremendous investment.”
Around the state, 14 of the 18 markets tracked experienced an increase in average sales price for the month compared to January 2018. Five local markets showed an increase in sales activity compared to a year ago.
Data provided to Ohio REALTORS by Multiple Listing Services includes residential closings for new and existing single-family homes and condominiums/co-ops. Ohio REALTORS, with more than 32,000 members, is the largest professional trade association in Ohio. The methods addressing Ohio REALTORS reporting of home sales activity is available at www.ohiorealtors.org.
Click here to view the seasonally adjusted Ohio home sales report and a market by market analysis of sales activity throughout Ohio and local contact information. To view a market-by-market sales report, click here.
(NOTE: There might be a slight variance between the reported number of sales contained in this release and actual activity in the various markets due to OAR’s early reporting requirement. Check with contacts in the particular market.)
Ohio REALTORS Communications Group