Marketplace poised to shatter all previous best-ever marks...
Home sales activity throughout Ohio remains strong, with the market posting a record-breaking level through August, according to statistics provided by the state's largest Multiple Listing Services.
"The fact that the marketplace has be able to sustain a record-breaking sales pace during the first eight months of the year is ample proof that the American Dream of homeownership is alive and well in the Buckeye State," said OAR President Jim West. "Housing continues to be a true bright spot in the overall economic picture."
Statewide sales of new and existing homes this year (January-August) total 98,874, a 5.2 percent increase from the previous best-ever of 93,969 sales posted during the period a year ago.
The state's average sales price of $155,144 marks a 2.3 percent increase from the $151,701 average price posted a year ago. The year-to-date dollar volume of $15.3 billion through the first eight months of the year is 7.6 percent ahead of the $14.2 billion mark posted in 2004.
Sales reached a record shattering 15,605 in August, a 9.0 percent increase from the prior best of 14,318 sales recorded during the month last year.
The data provided represents home sale activity reported by Ohio's Multiple Listing Services to OAR. The report reflects reported closings by MLSes, including new and existing single-family homes and condominiums/co-ops.
"The fact that the marketplace has be able to sustain a record-breaking sales pace during the first eight months of the year is ample proof that the American Dream of homeownership is alive and well in the Buckeye State," said OAR President Jim West. "Housing continues to be a true bright spot in the overall economic picture."
Statewide sales of new and existing homes this year (January-August) total 98,874, a 5.2 percent increase from the previous best-ever of 93,969 sales posted during the period a year ago.
The state's average sales price of $155,144 marks a 2.3 percent increase from the $151,701 average price posted a year ago. The year-to-date dollar volume of $15.3 billion through the first eight months of the year is 7.6 percent ahead of the $14.2 billion mark posted in 2004.
Sales reached a record shattering 15,605 in August, a 9.0 percent increase from the prior best of 14,318 sales recorded during the month last year.
The data provided represents home sale activity reported by Ohio's Multiple Listing Services to OAR. The report reflects reported closings by MLSes, including new and existing single-family homes and condominiums/co-ops.
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