Ohio’s June 2109 Home Sales

Ed Cyrek, 2019 President, Lorain County Association of REALTORS®

Ed Cyrek 2019 LoCAR President

The number of homes sold across Ohio in June fell from the pace set during the month a year ago, posting a 5.6 percent decline, according to Ohio REALTORS®.

“While activity levels cooled in June, overall our marketplace is keeping pace with the rate of home sales from a year ago,” said Ohio REALTORS President Anjanette Frye. “Equally important, the market posted a continued, steady rise in the average sale price, an indication that buyers understand that housing is a solid, long‐term investment.”

June’s average home price of $211,859 reflects a 7.2 percent increase from the $197,680 mark posted during the month last year.

Sales in June reached 14,975, a 5.6 percent decline from the 15,858 sales recorded during the month a year ago.

Around the state, 15 of the 18 markets tracked reported upswings in average sales price, while three posted gains or remained unchanged in sales activity.

Through the first half of 2019, sales have nearly matched the pace set during the six‐month period a year ago. Sales during the January through June period in 2019 have reached 71,952, a negligible 0.7 percent decline from the 72,480 sales posted during the period last year. The year‐to‐date total dollar volume of $13.8 billion is a 5.3 percent increase from the mark set during the period in 2018.

Data provided to Ohio REALTORS® by Multiple Listing Services includes residential closings for new and existing single‐family homes and condominiums/co‐ops. Ohio REALTORS®, with more than 33,000 members, is the largest professional trade association in Ohio.

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 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. Members of the Lorain County Association of REALTORS® care about the community in which they live, work and support.

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.