Area home sales slide in April

WARREN — Sales of single-family homes in Trumbull County in April slid 10.4 percent from April 2018, but so far in 2019, sales aren’t too far off last year’s pace.

There were 163 closed sales countywide last month, down from 182 homes sold the prior April, according to Yes-MLS, a multiple listing service in northeast Ohio.

But in the first four months of 2019, sales are off 2.1 percent. There were 564 homes sold so far this year compared to 576 in the same period in 2018.

In a year-over-year comparison for April, new listings are up 3.9 percent, from 259 to 269; the average sale price fell 1.6 percent, from $117,272 to $115,425; and the average market time fell five days, or 4.8 percent, from 105 to 100 days.

Through April compared to the same period in 2018, new listings are up 2.9 percent, from 849 to 874, and so is the average sale price, from $106,556 to $111,060, or 4.2 percent. The number of days a home was on the market fell 13.1 percent, from 107 days to 93 days.

In Mahoning County, there were 363 closed sales last month, up 27.8 percent from the 284 in April 2018. So far this year, sales are up 4.1 percent, from 751 for the period last year to 782 for the period this year.

Year-over-year for April, new listings are up 12.5 percent, from 241 to 271; the average sale price is up 12.1 percent, from $116,049 to $130,065; and the average market time fell 5.6 percent, from 90 to 85 days.

Through April compared to the first four months of 2018, new listings are up 7.1 percent, from 1,096 to 1,174; the average sale price increased 7.1 percent, from $115,869 to $124,057; and the average market time fell 9.3 percent, from 97 to 88 days.

The Warren Area Board of Realtors and the Youngstown / Columbiana County Association of Realtors provide Yes-MLS with market information from Trumbull and Mahoning counties.

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