Toledo OH Area May 2012 Real Estate Market Report. Provided by the Toledo Board of Realtors. Sales of single-family homes reported in May by the Toledo Board of REALTORS totaled 706, the highest figure yet this year! This was as increase of 20% compared to May 2011. The Northwest Ohio area has now experienced monthly increases in sales for the last 5 months. Sales volume generated by May's activity totaled $874 million, leading to an average sales price of $110,737. This represented an increase of 8% compared to last May. Sales through May reached 2,618, a 10% increase over 2011 when 2,370 transactions occurred for the same period. The average sales price year-to-date stood at $126,871 and represented a 2% decline from 2011's year-to-date numbers. 1,304 listings were added to the system, which was up 5% from last April's 1,239. Year-to date listings totaled 6,044, an increase of 9% from the 5,523 submitted through April last year. The overall MLS inventory of suingle-family listings showed 6,883 available at month's end, 284 more than April, which representd a supply of 9.5 months. By contrast, April 2011 had 6,898 available listings and a supply of 11.7 months, a much slower sales pace.
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