Stark County, Ohio: Buyer's Market? or Seller's Market?
When looking at statistics for the last two quarters of 2007, average sales price decreased from the 3rd quarter to the 4th quarter. That is not too surprising, as that is what we are seeing as being true in many parts of our nation.
At the present ratio of houses on the market verses the number of houses sold during the last quarter, there is a six month supply of houses.
Since many factors are continuing to remain relatively stable, the local market here in Stark County would be categorized as being just off center in favor of buyers, enough so that it can be labeled a Buyer's Market.
Don't forget, all markets are local. Never hesitate to ask for more information if you are considering buying or selling in Stark County, Ohio. I would be more than glad to get together with you and take an in depth look at the market statistics for your neighborhood.
Thanks, and best regards.