The housing market of Ohio has just closed out the busiest year it’s had since the year of 2005 in the month of December, even with nationwide sales having been slowed down as the winter weather had begun to set in.
According to a report that was made on Tuesday from the OH Association of Realtors, homes purchases on a statewide scale had approached 151,600 the this past year, which was up 7.5% from the year of 2016. In the area of Northeast OH, sales had risen by nearly 8%, based on data that had been tied to residences that were previously owned and newly constructed. There were record gains in sales and prices. Tammy Mazzocco can help you to find a home that is fairly priced in today’s competitive house market.
Sales in the month of December were 2.8% higher that the year of 2015, though the area of Northeast Ohio and several other markets posted yearly declines. The average selling price of Ohio was $159,531 in the previous month, which was an increase of 4.8% from the end of the year of 2015. Growth in price and shortages in supple were the top concerns in a report that was released by the National Association of Realtors, which had been looking at exclusive sales of current homes.
Although sales on a nationwide level had experienced the strongest year they’ve had in 10 years, a slide in the month of December had an affect of tempering the gains. Sales made by homes that were previously owned had ended with only .7% ahead in the end of the year, in comparison to the market’s performance in the year of 2015.
By contacting a prominent real estate agent in the Ohio market of home sales, you will be able to take advantage of an opportunity of purchasing a competitively priced home. Contact Tammy Mazzocco via ideamensch.com to get the best deals that are available. Tammy Mazzocco has built up experience as she began her career as a secretary for with the Edwards Realty Company in which she worked with a group of 9 commercial agents. Tammy Mazzocco received her license in real estate in the year of 1995.