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Ohio housing sales up in 2013

 
Ohio housing sales up in 2013
Posted January 23rd, 2014 @ 11:12am by WTVN Newsroom

COLUMBUS, Ohio (WTVN) -- Home sales in Ohio were up nearly 15 percent in 2013, according to numbers released by the Ohio Association of REALTORS.

The average sales price, $142,004, was up 5.2 percent over the previous year.

“The Ohio housing market is continuing to make headway in its effort to overcome the difficulties caused by the economic downturn,” said Chris Hall, president of the Ohio Association of REALTORS. “While we continue to face a number of challenges on our path to full recovery, Ohio’s year-end 2013 sales results are reflective of a balanced, stable and growing marketplace.”

During 2013, 132,566 homes were sold. That compares to 115,565 sold in 2012. It fell just short of the record 132,571 sold in 2007. Total dollar volume topped $18.8 billion, a 20.6 percent increase from the $15.6 billion posted a year earlier.

December sales alone were up nearly 10 percent, the 30th consecutive month of year-over-year gains in sales. It marks the longest stretch of uninterrupted growth since the Ohio Association of REALTORS began collecting sales data 16 years ago.

(Photo courtesy Getty Images)

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