WARREN — The market for single-family homes in the Mahoning Valley through the first 10 months of 2023 is underperforming compared with the same period one year ago, according to the latest sales statistics.
In Mahoning County, there was a 13.8% decrease in sales, from 2,324 to 2,004; and an 11.4% drop in new listings, from 2,933 to 2,599, according to MLS Now. The sale value rose 8.4% to $191,662.
The data from MLS now shows 1,516 homes came off the market in Trumbull County through October, a 17.1% decrease from the 1,828 reported one year ago. Meanwhile, the number of homes that entered the market is down 12.9%, from 2,216 to 1,931.
The average sale price is up, however, from $159,330 to $163,889 — a modest 2.9% increase.
The average time homes spent on the market in Trumbull County went unchanged at 41 days. In Mahoning County, the average market time…
