Valley Dwelling Sales Drop, but Greenback Quantity Rises 15% – Business enterprise Journal Daily

YOUNGSTOWN, Ohio – Gross sales of one-family houses in the place had been down in

YOUNGSTOWN, Ohio – Gross sales of one-family houses in the place had been down in February simply because of a 20.4% drop in Mahoning County’s quantities. Regardless of the drop in unit profits, the total worth of properties sold was up 15% from a yr in the past.

The hottest stats from MLS-Now present revenue of houses in Trumbull County final thirty day period totaled 137 units, up 10 from February 2020. Columbiana County revenue totaled 69 models, seven a lot more than a year ago. In Mahoning County, 152 units ended up offered in February, down from 191 a year before. 

So considerably in 2021, 114 properties have bought in Columbiana County, 321 in Mahoning County and 276 in Trumbull County. Blended, full profits 12 months to date are down in the a few counties, 711 for the initially two months of 2021 in comparison to 731 all through the same time period previous 12 months.  

The complete dollar quantity of the residences marketed in the 3 counties last thirty day period was $51.5 million, in contrast with $44.7 million in February 2020. 

All three counties posted gains in dollar volume, with sales in Trumbull and Columbiana counties each individual rising nearly 30%. February sales in Trumbull County totaled $18.1 million previous thirty day period in contrast with just below $14 million a calendar year ago. Columbiana County gross sales for the month totaled $10.2 million, up from $7.9 million in February 2020. Mahoning County’s profits totaled $23.1 million in February, up a modest 1.4% from a calendar year before

In Mahoning County, the common February marketing price tag was $152,195, up 27.5% from $119,482 a yr earlier, even though down from January’s $163,876. Trumbull County’s common sale cost very last month was $132,113, up from $110,060 in February 2020 and from $122,976 in January. 

Columbiana County posted an average sale price tag in February of $148,144, up from $143,171 the thirty day period in advance of and from $127,343 in February 2020. 

Sale costs in February ranged from $17,250 to $1.2 million in Mahoning County, from $13,500 to $450,000 in Trumbull County, and from $5,000 to $610,000 in Columbiana County. 

Copyright 2021 The Organization Journal, Youngstown, Ohio.