STAR Housing Stats | August 2023
Published September 18, 2023 | Trisha Adams, STAR Communications Director
The STAR August 2023 Stats are now available for you to review and/or share. The images below represent a Single-Family & TownHome Listing Analysis of Stark, Trumbull, & Carroll Counties.
According to the Monthly Indicator Report published by MLS Now, September 11, 2023.
"Higher mortgage rates, along with elevated sales prices and a lack of housing inventory, have continued to impact market activity during the summer homebuying season. The average 30-year fixed-rate mortgage has remained above 6.5% since May, recently hitting a two-decade high in August, according to Freddie Mac. As a result, existing-home sales have continued to slow nationwide, dropping 2.2% month-over-month as of last measure, with sales down 16.6% compared to the same time last year, according to the National Association of REALTORS® (NAR)." CLICK HERE to download the complete Monthly Indicator Report
Quick Facts
Residential activity in Carroll, Stark, and Trumbull counties composed of single family and townhouse/condo properties. Percent changes are calculated using rounded figures. Comparison August 2022 vs. August 2023.
| - 14.1% | + 3.4% | - 22.8% |
| Change in Closed Sales All Properties |
Change in Median Sales Price All Properties |
Change in Homes for Sale All Properties |
These statistics are sourced from MLS Now and were current as of September 11, 2023. They are deemed accurate, but not guaranteed.
STARK County Stats Sharable
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CARROLL County Stats Sharable
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TRUMBULL County Stats Sharable
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