Trumbull County sees upswing in home sales

Numbers also increase in Mahoning

WARREN — Home sales last month in Trumbull County were up slightly over April 2017.

There were 184 closed sales countywide last month, up from 179 in April 2017, according to the Warren Area Board of Realtors.

In March, there were 157 closed sales in the county, down 16 percent from the same month last year.

Last month, compared to April 2017, pending sales surged16 percent, from 213 to 247; new listings rose 5.3 percent, from 244 to 257; the median sales price rose 24.3 percent, from $74,000 to $92,000; and the average sales price rose 36.3 percent, from $85,681 to $116,756.

The number of days homes were on the market increased 15 percent, from 107 to 123. Inventory was down 27.1 percent, from 907 to 661.

Year-to-date, there were 588 closed sales as of April 30, down 2.6 percent from 604 in the same period in 2017.

In the same comparison for the first four months of the year, pending sales declined 0.3 percent, from 723 to 721; new listings fell 8.4 percent, from 925 to 847; the median sales price rose 20 percent, from $73,600 to $88,350; the average sales price rose 22.1 percent, from $87,149 to $106,412; and the number of days houses were on the market fell 2.5 percent, from 122 to 119.

In Mahoning County, closed sales rose 17.2 percent, from 209 in April 2017 to 245 last month, according to the Youngstown / Columbiana County Association of Realtors.

Year-over-year, closed sales fell 10.9 percent in March versus the same month last year.

When comparing last month with April 2017, new listings in Mahoning fell 18.1 percent, from 343 to 281; pending sales rose 54.8 percent, from 217 to 336; the median sales price rose 13 percent, from $82,750 to $93,500; the average sales price rose 5.2 percent, from $109,983 to $115,696; the number of days homes were on the market rose 0.9 percent, from 108 to 109; and inventory was down 31.5 percent, from 1,132 to 775.

Year-to-date, closed sales in Mahoning County rose 0.6 percent, from 770 in the first four months of 2017 to 774 as of April 30. In the same comparison, pending sales rose 16.6 percent from 833 to 971; new listings fell 9.6 percent, from 1,204 to 1,089; the median sales price rose 12 percent, from $83,000 to $93,000; the average sales price rose 5.6 percent, from $108,858 to $115,004; and the number of days houses were on the market decreased 0.9 percent, from 115 to 114.

There was no year-to-date inventory data available for either county.

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