Ohio Home Sales Report
Tuesday, November 23, 2010
by Lynn Nadler
Douglas McCloud, President of the Ohio Association of Realtors, reported sales information for the past 10 months. As expected, Ohio experienced a surge in home sales in the first half of the year, mostly due to the tax credit. The good news was that the average price for a home was $133,866 which is a 3.4% increase over 2009.
The second half of the year was a completely different market. After the expiration of the tax credit, home sales fell dramatically. Sales in October were down 30.6% from October of 2009.
McCloud states that "The current condtions are ideal for any buyer to act." Call a Realtor today to see how you can take advantage of this great opportunity!
