March 2020 Home sales data for Ohio

By
Real Estate Agent with Keller Williams Capital Partners Realty 277320

The number of homes sold across Ohio in March rose from the pace set during the month a year ago, posting a 6.5 percent increase, according to Ohio REALTORS. “The foundation of the 2020 housing marketplace exhibited tremendous stability to begin the year, as we posted solid gains in sales activity and average prices,” said Ohio REALTORS President Chris Reese. “It’s evident that, through the first quarter of the year, consumer confidence in achieving the American Dream is robust throughout Ohio. “While the onset of the COVID-19 pandemic during the start of the traditional spring home buying season has created some uncertainty for the sector moving forward, the real estate profession remains hopeful that favorable interest rates, combined with pent-up buyer demand, will help stabilize the Ohio marketplace in the near-term,” Reese added. March’s average home price of $199,445 reflects a 10.5 percent increase from the $180,452 mark posted during the month last year. Sales in March reached 12,007, a 6.5 percent increase from the 11,269 sales recorded during the month a year ago. Around the state, 17 of the 19 markets tracked reported upswings in average sales price, while 13 posted gains in sales activity. The first quarter 2020 sales of 30,210 increased 8.6 percent from the first quarter 2019 mark of 27,830. Total dollar volume during the first quarter 2020 reached $5.8 billion, an 18.1 percent increase from first quarter 2019 sales volume of $4.9 billion. View a market-by-market analysis of sales activity throughout Ohio and local contact information.


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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Rolly Herida 05/11/2020 07:51 AM
Topic:
Real Estate Industry
Groups:
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City and State
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mega central ohio realtor

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Rainmaker
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Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA, ABR, SRS

Always appreciate the updates. Have a great weekend!

May 08, 2020 01:16 PM #1
Rainmaker
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John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Joe Jackson very valuable detailed home sales report for Ohio in March 2020.

May 08, 2020 02:10 PM #2
Rainmaker
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Raymond Henson, SRES, GRI
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

I always look forward to your Ohio updates because I own a couple of rentals in Ohio, one in Cincinnati and one in Fostoria (famous for all the trains that travel through their city every day).

May 08, 2020 04:04 PM #3
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Joe Jackson

Clintonville and Central Ohio Real Estate Expert
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