How hot is the real estate market near Beaver? Home prices rise to $165K in February

A house for sale in Canton, Ohio, is shown in April. Prices continue to climb in many housing markets.

A dwelling for sale in Canton, Ohio, is revealed in April. Charges proceed to climb in several housing marketplaces.

The median gross sales price for a solitary-family members home in Beaver County for the duration of February was $165,000. Which is an improve of 17.9% compared with February 2021, in accordance to a United states Today Network localized investigation generated with knowledge from Realtor.com.

On a yr-about-year foundation, charges have been rising for six consecutive months. February costs are down from $195,000 the preceding thirty day period.

The variety of residences sold fell by 3.6% from a yr previously. A full of 106 residences ended up marketed countywide all through the month of February. Throughout the same time period a yr before, 110 one-spouse and children residences ended up offered.

Allegheny County’s median product sales price tag for a one-loved ones property was $200,000, up 4% from a yr before. Selling prices have been climbing for 29 consecutive months on a yr-around-year basis. Some 686 residences had been bought in February, down 1.3% from a calendar year before.

Serious estate gross sales can acquire months or months to be recorded and gathered. This is the hottest details produced readily available by means of Realtor.com to the United states These days Community.

How warm is Beaver County’s serious estate sector in Pennsylvania?

Details on your regional housing markets is obtainable by way of the United states Currently Network, with far more data from Real estate agent.com.

In Beaver County, the major 10% of the homes bought had prices of at minimum $409,900, up 30.1% from a yr right before.

In February, 4 qualities sold for at the very least $1 million, consisting of one particular one-family members dwelling and a few other attributes.

In Allegheny County, the prime 10% of the homes marketed had rates of at the very least $439,900, down 2.2% from a year ahead of.

The median household sale price tag — the halfway place of all the residences or models marketed about a period of time — is employed in this report rather of the normal dwelling sale value since specialists say the median features a much more correct see of what is taking place in a industry. In finding the ordinary price tag, all costs of residences sold are extra and then divided by the selection of residences offered. This measure can be skewed by a single minimal or higher selling price.

A lot more:Ellwood Town-spot household charges rise 13.7% in March, with residences for sale in significant desire

The United states of america Right now Network is publishing localized variations of this tale on its information websites across the state, generated with knowledge from Realtor.com. Localized versions are generated for communities the place the data high-quality and transaction volume fulfills Realtor.com and United states Right now Community specifications. The story was published by Sean Lahman.

This posting initially appeared on Beaver County Periods: Beaver County’s regular home offered for a higher price tag 12 months about 12 months in February