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Market Reports For Stark County

Yearly average sales prices for single family residences have remained very flat for Stark County, Ohio from the year 2000 to date. We haven't experienced rapid growth nor large decline. Of course local REALTORS belonging to the CRIS/MLS board have access to very specific Statistical Market Reports, but the information contained in those reports are Copyrighted MLS Compilations, and can only be used in specific ways.

On page 6 of the February 2008, Volume 8, Number 2 issue of Ohio Realtor is a chart of Ohio Home Prices that shows a slow and steady rise from 2000 thru 2005. Years 2006 and 2007 show slight decreases, which of course ties in with decline in selling prices we are seeing in the nation as a whole. The looming question is will 2008 continue the downward pressure or will there be a rebound?

Speaking strictly from an overall trend, Stark County as a whole has not matched the slow steady gains experienced by the state of Ohio, when charts of Yearly Average Sale Prices for the periods 2000 thru 2007 are compared. Of course the market is a very local thing, and some areas of Stark County have in fact experienced steady growth and easily match or beat the overall statistics for the state of Ohio.

Posted Monday Feb 18

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