CLEVELAND, Ohio — The number of homes sold throughout Ohio in August shows that the hot residential real estate market that has lasted through most of the coronavirus pandemic may be stabilizing a bit, even if demand continues to keep prices elevated.
Statewide, the average home sales price was $254,239, an increase of 14% from the same month last year and a 1% increase from July, according to a news release the Ohio REALTORS trade association sent Wednesday. The numbers are compiled from listing services used by real estate agents.