Valley home sales strong in November

Staff report


Home sales across the Mahoning Valley once again were strong during November, according to figures released by the Youngstown-Columbiana Association of Realtors on Wednesday.

In Mahoning County, 175 homes were sold last month, up from 160 sold last year at the same time. The median sale price was $69,000, up 4 percent from $66,250 in November 2011.

Trumbull County saw gains as well, with 128 homes sold last month, compared with 114 in November 2011.

Perhaps the best sign of a recovering housing market in the Valley was the 21 percent increase in median sale price, which went from $60,000 in November 2011, to $72,650 last month.

In Columbiana County, 58 homes were sold at a median sale price of $85,000, compared with the 48 sold last year at a median sale price of $73,500. November saw a 15 percent increase in sale price.

Across the country, the housing market generally appears to be improving. National data for November have not yet been released.

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