Thursday, September 17, 2015
Staff report
YOUNGSTOWN
All three Mahoning Valley counties saw increases in housing sales in certain categories, according to data released Wednesday by the Youngstown/Columbiana Association of Realtors and the Warren Area Board of Realtors.
In Mahoning County, closed sales were up 7.1 percent from 225 last August to 241. Pending sales were up from 210 to 308 for an increase of 46.7 percent.
New listings in the county also increased, going from 354 in August 2014 to 427 in August 2015 – a 20.6 percent increase.
The average sales price was down 8.2 percent year over year in the county, from $111,251 to $102,097.
The inventory of homes for sale in the county went down 2.6 percent in the county.
Year-to-date closed sales are up 17.9 percent, pending sales are up 28.1 percent, new listings are up 12.1 percent, and the average sales price was up by 2.2 percent.
In Columbiana County, closed sales were down 8.4 percent from 83 in August 2014 to 76 in August 2015. Pending sales were up 44.3 percent year over year with 101 compared with 70 last August.
New listings in the county were down slightly by 1.7 percent. The average sales price was also down by 3.8 percent from $103,083 to $99,217. The inventory of homes in the county was down by 6.3 percent in August.
Year-to-date closed sales are down by 4.1 percent, pending sales are up 11.1 percent, new listings are up 2.2 percent and the average sales price is down slightly by 0.6 percent.
In Trumbull County, new listings and pending sales were all up in August, while closed sales were down.
New listings were up from 251 in August 2014 to 322 in August 2015.
Pending sales were up 41.1 percent from 151 in August 2014 to 213 last month.
Closed sales in the county were down by 9.5 percent at 162 compared with 179 last August.
The average sales price was up 13.4 percent in August from $89,462 in August 2014 to $101,489 last month.
The inventory of homes for sales dropped 4.8 percent, however.
Year-to-date closed sales are up 11.2 percent, pending sales are up 17.6 percent, new listings are up 2.7 percent and the average sales price is up 9.8 percent.