Columbiana County Real Estate Market Indicators Feb 2012

Market Indicators through February 2012 show some real improvement in the housing market in Columbiana County.  To see all the graphs and bar charts, click on the attached Market Report courtesy of the Youngstown-Columbiana Board of REALTORS® (click on '1 attachment' in the gray bar below this post).

Pending sales are up slightly and closed sales are up significantly, 52.9% year to date 2012 vs 2011.  The average sales price is up 22% year to date, and sellers are getting an average of 86% of their asking price.  Inventory of available homes is down to an 8.5 months supply vs an 11 months supply in February 2011.  These are all good signs that we are headed in the right direction!

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monthly_indicators_columbiana_mahoning_2012-02.pdf371.96 KB