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Sales on the rise in Ohio, North Carolina and Virginia

An increase in home sales across Ohio, North Carolina and Virginia has been reported, according to real estate associations in those states. Last year, fall sales were 1.4 per cent lower than it was reported in 2004. The month's average sale price of $151,596 is a 3.2 percent increase over the September 2003 average sales price of $146,846.

The 2003 state's average sale price (January-September) of $149,289 was 1.6 percent lower than this year’s. In North Carolina, sales of existing homes were slower in September than in August, but 11 percent ahead of sales posted during the same time period last year, the North Carolina Association of Realtors reported. Last month, 9,603 residential units were sold. At this pace, existing-home sales will soon outdo 2003 total sales and set another record in 2004!

The average second-home sales price last month in North Carolina was $194,304. This is a gain of 4 percent from $186,240 that was reported on a year ago.

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