Friday, January 16, 2015YOUNGSTOWN, Ohio -- Real estate agents in Mahoning, Trumbull and Columbiana counties sold 5,016 single-family houses in 2014, up from the 4,927 sold the previous year, the latest reports from the regional organization that collects the data show.
Each of the counties posted year-over-year gains, the data from the Centralized Real Estate Information Services Multiple Listing Service, which compiles the information for the nine-county region that includes the three counties, shows. The information is provided to CRIS-MLS by the Youngstown/Columbiana Association of Realtors and the Warren Area Board of Realtors.
In Trumbull County, 1,839 houses were sold last year, up from the 1,783 sold in 2013. In Mahoning County, 2,389 units were sold, compared with the 2,377 sold during 3013. In Columbiana County, 788 houses were sold, up from 767 the year before.
All three counties also posted year-over-year gains for December, when a combined 454 houses were sold, up from 379 in December 2013 and from 386 in November.
In Mahoning County, 226 houses were sold in December, up from 179 a year earlier and from 165 in November. In Trumbull County, 163 units were sold last month, compared with 152 in December 2013 and 148 in November. In Columbiana County, 65 sales closed in December, up from 48 units a year earlier but down from 73 in November.
Average sale prices in all three counties last year were up from 2013. In Columbiana County, the average sale price was $104,123, up nearly $10,000 from $94,183 in 2013. Mahoning County’s average sale price rose to $102,839 from 2013’s $98,225 average. Trumbull County posted a more modest gain, an average sale price for 2014 of $87,987 compared with $86,206 the year before.
For December, Columbiana County’s average sale price was $108,687, up from $103,056 a year earlier and from $101,975 in November. Mahoning County’s average selling price of $103,126 reflected a gain of more than $10,000 from the $92,913 average a year earlier but was off from November’s $107,522 average. In Trumbull County, December’s average sale price of $81,254 was down modestly from the $82,478 a year earlier and more substantially from November’s $92,415.
Copyright 2015 The Business Journal, Youngstown, Ohio.
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