Industry News

Regional real estate sales climb

Activity soars in Southern Virginia

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Home sales across Ohio, North Carolina and Virginia in September outpaced their year-ago levels, while prices approached record-highs, according to Realtor associations in those states. September's sales in Ohio bested the month's previous record results posted in 2003, with sales this year reaching 12,482, a 1.4 percent increase from the 12,304 sales last year, according to the Ohio Association of Realtors. 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. Statewide sales of new and existing homes (January-September) total 106,414, a 7.4 percent increase from the 99,071 sales posted during the nine-month period in 2003. The state's average sale price (January-September) of $151,726 is 1.6 percent ahead of the $149,289 average posted during the period in 2003. 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 per...