Toledo August 2013 Real Estate Market Update | Dee Nofziger Key Realty. August sales of single-family homes in Lucas, Ohio and Upper Wood County, Ohio reported by the Toledo Board of REAL-TORS® totaled 487. This was an increase of 11% compared to August of 2012, and is an increase of 2% compared to the previous month. Sales volume generated by August activity totaled $64 million, a 32% increase from August of 2012, and year to date sales volume is up 19% over the same time period in 2012. The average sales price was $129,321 an increase of 17% compared to last August and a 2% decrease over the previous month.
825 listings were added to the mulitple listing service in August, up 14% from last August’s 722, and up 4% from last month. Year–to-date new listings totaled 6,174, a decrease of 2% from the 6,281 submitted through August of last year. Inventory of single-family listings showed 4,111 available at month’s end which represented a supply of 8.4 months which is down 16% from August 2012 and down 1% from the previous month.
Sales through August reached 3,532, a 7% increase over 2012 when 3,291 transactions occurred during the same period. The average sales price year-to-date stood at $118,346 and represented a 10% increase from 2012’s year-to-date numbers.
Contact Dee Nofziger for more specific data on your neighborhood, town, or area. 419-260-1435
Toledo August 2013 Real Estate Market Update | Dee Nofziger Key Realty.
Contact Dee Nofziger for more specific data on your neighborhood, town, or area.