The number of homes sold across Ohio rose 20.5 percent in April, according to the Ohio Association of Realtors (OAR). This marks the 22nd consecutive month the market has posted gains in activity.
Sales in April reached 10,991, a 20.5 percent increase from the 9,121 sales posted during the month in 2012, and reached the best mark since 2007. The average sales price of $134,388 was a 3.5 percent increase from the prior year.
“The Ohio marketplace, with each passing month, continues to make significant progress in building a solid foundation for a sustained, growing housing sector,” said OAR President Thomas J. Williams.
Sales through the first four months of 2013 reached 35,412, a 15.6 percent increase from the 30,636 sales posted during the same period a year ago. The average sales price this year is $128,547, a 5.1 percent increase from the $122,349 mark set during the same period a year ago.