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Ohio’s January 2018 Home Sales

Janet Beane, 2018 President, Lorain County Association of Realtors®

Janet Beane 2018 LoCAR President
The rate of homes sold across Ohio in February fell 1.6 percent from the level posted during the month a year ago, according to Ohio REALTORS®.

“The housing market across the Buckeye State was extremely solid in February, as the rate of sales activity nearly kept pace with the record‐breaking level established during the month a year ago,” said Ohio REALTORS® President Tiffany Meyer. “Additionally, we’re also experiencing continued gains in the average price, an indication that housing is a solid, long‐term investment.

“As we move into the traditional spring home buying season, Ohio’s REALTOR® community is hopeful that we’ll see an increase in the number of homes being marketed for sale to meet growing demand,” Meyer added.

February’s average home price of $166,261 reflects an 8.5 percent increase from the $153,228 mark posted during the month last year.

Sales in February reached a seasonally adjusted annual rate of 149,260, a 1.6 percent decrease from the 151,634 level during the month a year ago. The market experienced a 2.2 percent increase in sales from January’s seasonally adjusted annual rate of 146,091.

Around the state, the average sales price increased in 11 of the 18 markets tracked. A total of six markets experienced an uptick in total sales activity.

Data provided to Ohio REALTORS by Multiple Listing Services includes residential closings for new and existing single‐family homes and condominiums/co‐ops.

Do your research and take advantage of the many housing opportunities right here in Lorain County. We are fortunate to live in a region with such vast offerings. From big to small, country to city... it's available in Lorain County! Our proximity to highway and freeway access provides great commute options both east and west! Contact your LoCAR REALTOR® member today.

The National Association of REALTORS® is known as “The Voice of Real Estate.” NAR members are outspoken consumer advocates actively engaged in all elements of the residential and commercial real estate industries. REALTORS® support the American Dream of homeownership while working to create stronger, more vibrant communities in which to live and work.

As an organization, NAR is leading the drive for home ownership in many ways. NAR encourages all REALTORS® to become aggressive advocates for successful housing opportunities for families and businesses throughout the U.S. Remember, Home Ownership Matters. Members of the Lorain County Association of REALTORS® care about the community in which they live, work and support.

The Lorain County Association of REALTORS® is one of more than 1,200 local boards and associations of REALTORS® nationwide that comprise the National Association of REALTORS®. The National Association of REALTORS®, “The Voice for Real Estate,” is America’s largest trade association, representing nearly one million members involved in all aspects of the residential and commercial real estate industries.

REALTOR® is a registered collective membership mark which may be used only by real estate professionals who are members of the National Association of REALTORS® and subscribe to its strict Code of Ethics. Not all real estate sales agents are REALTORS®. All REALTORS® are members of NAR along with their State and Local Association.

Lorain County
Association of REALTORS®

5321 Meadow Lane Ct. #6
Sheffield Village, OH 44035
Telephone: (440) 328-4210
E-mail: [email protected]
Fair Housing Hotline:
1-800-662-FAIR
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