STAR Housing Stats | February 2025

The STAR February 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 February Monthly Indicator Report published by MLS Now, March 11, 2025.

"U.S. existing-home sales fell for the first time since September, slipping 4.9% month-over-month to a seasonally adjusted annual rate of 4.08 million units, according to the National Association of REALTORS® (NAR), as elevated home prices and higher interest rates continue to impact buyer activity. Despite the drop, sales were up 2% compared to the same period last year, marking the fourth consecutive monthly year-over-year increase.

New Listings decreased 7.2 percent for Single Family homes but increased 26.7 percent for Townhouse/Condo homes. Pending Sales decreased 25.2 percent for Single Family homes but increased 16.7 percent for Townhouse/Condo homes. Inventory increased 16.3 percent for Single Family homes and 64.6 percent for Townhouse/Condo homes.

Median Sales Price increased 11.2 percent to $200,000 for Single Family homes and 26.5 percent to $257,500 for Townhouse/Condo homes. Days on Market increased 6.3 percent for Single Family homes and 5.9 percent
for Townhouse/Condo homes. Months Supply of Inventory increased 21.4 percent for Single Family homes and 52.9 percent for Townhouse/Condo homes.

The limited number of properties for sale has continued to push home prices higher nationwide. At last measure, the national median existing home price was $396,900, a 4.8% increase from one year earlier, with prices up in all four regions, according to NAR. Meanwhile, total housing inventory heading into February stood at 1.18 million units, up 3.5% monthover- month and 16.8% year-over-year, for a 3.5-month supply at the current sales pace." 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 February 2024 vs. February 2025.