Toledo Real Estate Market Update- April 2015
As is normal during the Spring months, the Toledo Region market is heating up.
According to the Toledo Regional Association of Realtors, closed sales and prices are both up from 2014.
In April 2015, there were 671 closed sales compared with 588 in April 2014--a 14% increase.
The average sales price increased 8% from $109,942 to $118,590. Year to date prices are trending positively at 11%
Inventory continues to be on the decline which is helping push prices higher and average days on the market lower.