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Ohio’s August 2019 Home Sales

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

Ed Cyrek 2019 LoCAR President
The number of homes sold across Ohio in August slowed from the pace set during the month a year ago, posting a 2.0 percent decrease, according to Ohio REALTORS.

“The Ohio housing marketplace is remaining resilient, as sales activity levels for the year nearly match the pace set a year ago,” said Ohio REALTORS President Anjanette Frye. “Not only are sales levels exhibiting stability, we are also experiencing a steady rise in the average sales price – good news for current and would‐be buyers as housing is a solid, long‐term investment.”

August’s average home price of $198,912 reflects a 5.2 percent increase from the $189,049 mark posted during the month last year.

Sales in August reached 15,438, a 2.0 percent decrease from the 15,759 sales recorded during the month a year ago.

Through the first eight months of the year, sales activity has nearly matched the level posted in 2018. Sales from January through August reached 103,038, a negligible 0.5 percent decline from the 2018 level of 103,532 sales.

Around the state, 14 of the 18 markets tracked reported upswings in average sales price in July, while seven posted gains in 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. Ohio REALTORS, with more than 32,000 members, is the largest professional trade association in Ohio.

If you are thinking about buying or selling a home, contact a REALTOR® today. Members of the Lorain County Association of REALTORS® care about the community in which they live, work and support.

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 an industry trade association representing licensed real estate sales agents in Lorain County who are members of the National Association of Realtors® (NAR) and the Ohio Association of REALTORS® (OAR). As members of NAR these licensed real estate agents have earned the REALTOR® designation and they pledge to protect the rights of homeownership and conduct their real estate business abiding by the NAR Code of Ethics.

The Lorain County Association of REALTORS® is excited partner with Lorain County Habitat for Humanity® for a charity golf outing that will assist Habitat’s work. Habitat for Humanity is a nonprofit ecumenical Christian housing ministry seeking to eliminate poverty housing and homelessness throughout Lorain County and is an affiliate of Habitat for Humanity International, a worldwide ministry supported by the National Association of REALTORS®. This charity golf outing will be held on June 9, 2019 at Valley of Eagles Golf Club in Elyria. Your involvement provides a great opportunity for your company to receive community exposure and help to support a very worthwhile cause. If you are interested in golfing or sponsorship, please email: [email protected].

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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