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The board reported Wednesday that 1,505 single-familyt homes and condominiums were soldin April, down from 1,78 4 a year ago. Homes in contract, a sign of futurw sales activity, dropped 18 percent to 1,399 The average home sold in Central Ohio last month closeddfor $149,285, down about $9,500, or 6 from $158,822 a year ago. The boardx also reported the number of new listings on the markeg last month is off about 16 percent from ayear ago, whic translates to a total of 14,689 homes on the marketg at the end of That’s down from 17,515 homes from a year ago.
Boardc President Gary Parsons said a decliner in homes on the market couldd play a part in a future upticl insale prices, which are lagginf last year’s pace as sellers slash pricre tags and foreclosed properties help driv e sales. “To see the number of homess on the market decline bynearly 3,00p compared to this time last that’s a negative number we can smile Parsons said in a release. Home sales in the firsf four months of the year laggedlast year’ss pace by 21 percenft at 4,947 units, compared with 6,261 last Board of Realtors statistics include market information from most of the seven-countyu region along with parts of nine nearby counties.