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(News Release in .pdf format)
Activity across the Ohio housing marketplace decreased in February, as sales were down 6.8 percent from the level reached during the month a year ago, according to Ohio REALTORS®.
Home sales in February 2025 reached 8,007, a 6.8% decrease from the 8,588 home sales recorded during the month a year ago. The average sales price across Ohio in February reached $284,191, a 6.4% increase from the $267,187 mark posted in February 2024.
"Despite a slowdown in home sales this February, Ohio’s housing market remains resilient, with steady price growth reflecting continued demand,” says Ohio REALTORS® President Michelle Billings. “While sales activity has softened compared to last year, the rise in average sales price underscores that homeownership remains a great investment in our state. An Ohio REALTOR® serves as a professional partner, guiding buyers and sellers through the intricate process of home buying and selling, to successfully achieve their housing goals.”
Around the state, 12 out of 14 markets experienced an increase in average sale price for the month compared to February 2024.
During the first two months of the year, home sales activity was down 3.2% compared to January- February 2024. Year-to-date sales reached 15,480, down from the 15,987 homes sold a year ago.
The average sales price during the period this year is $277,918, a 6.2% increase from the $261,576 mark set a year ago. Data provided to Ohio REALTORS® by Multiple Listing Services includes residential closings
for new and existing single-family homes and condominiums/co-ops.
Ohio REALTORS®, with more than 35,000 members, is the largest professional trade association in Ohio. Leading with expertise, professionalism and an entrepreneurial spirit, REALTORS® in Ohio are committed
to their clients and communities.
View a market-by-market analysis of sales activity throughout Ohio and local contact information.
Data provided to Ohio REALTORS by Multiple Listing Services includes residential closings for new and existing single-family homes and condominiums/co-ops. Ohio REALTORS, with more than 36,000 members, is Ohio's largest professional trade association.
(NOTE: There might be a slight variance between the reported number of sales contained in this release and actual activity in the various markets due to Ohio REALTORS early reporting requirement. Check with contacts in the particular market.)
Ohio REALTORS Communications Group