STAR Housing Stats | March 2025

The STAR March Housing STATS are now available for you to review and/or share. The images below represent a Single-Family & Town Home Listing Analysis of Stark, Trumbull, & Carroll Counties.

According to the March Monthly Indicator Report published by MLS Now, April 11, 2025.

"U.S. existing-home sales rebounded from the previous month, rising 4.2% to a seasonally adjusted annual rate of 4.26 million units, according to the National Association of REALTORS® (NAR). Economists polled by Reuters had forecast sales would fall to a rate of 3.95 million for the month. Purchase activity increased in the South and the West but decreased in the Northeast, while sales in the Midwest remained unchanged from one month earlier.

New Listings increased 21.9 percent for Single Family homes and 4.8 percent for Townhouse/Condo homes. Pending Sales decreased 9.0 percent for Single Family homes and 25.6 percent for Townhouse/Condo homes. Inventory increased 42.1 percent for Single Family homes and 73.8 percent for Townhouse/Condo homes.

Median Sales Price increased 15.4 percent to $195,000 for Single Family homes and 8.7 percent to $220,000 for Townhouse/Condo homes. Days on Market increased 23.3 percent for Single Family homes and 178.3 percent
for Townhouse/Condo homes. Months Supply of Inventory increased 50.0 percent for Single Family homes and 71.4 percent for Townhouse/Condo homes.

Heading into March there were 1.24 million properties for sale, a 5.1% increase from the previous month and a 17% jump from one year ago, for a 3.5-month supply at the current sales pace, according to NAR. While mortgage rates have remained in the mid-to-high 6% range, the additional supply appears to have helped bring some buyers out of the woodwork, even as sales prices continue to rise nationwide." CLICK HERE to download the complete Monthly Indicator Report

Quick Facts

Residential activity in Carroll, Stark, and Trumbull counties combined composed of single family and townhouse/condo properties. Percent changes are calculated using rounded figures. Comparison March 2024 vs. March 2025.