April 2023 Sales Down in Eastern Ohio

When it comes to the real estate market, the decrease in sales from 2022 compared to 2023  remains at double digits. Homes sales in our local Multiple Listing Service (MLS)* have decreased just over 18% when comparing April 2023 to April 2022.  Since the beginning of the year, the MLS sales are down over 15% when compared to the sales from the same time period in 2022.

One a brighter note, and one that we have see for several months, the average sale price for a home is higher than 2022.  In 2022, the first four months saw an average sale price of $212,921.  Meanwhile, during the same time frame in 2023, average home sale prices are  $219,684; that is an increase of 3.2%.

*  Our Multiple Listing Services cover 23 counties in eastern Ohio

Read the Original Article Here: Ohio home sales lag in April, prices continue to rise