Housing Inventory: Average Listing Price Month-Over-Month in Ohio
AVELISPRIMMOH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.12
Year-over-Year Change
-62.42%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Average Listing Price Month-Over-Month in Ohio' trend tracks the change in average home listing prices in Ohio on a monthly basis. This metric is a key indicator of housing market conditions and price dynamics in the state.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series measures the month-over-month percentage change in the average listing price for homes in Ohio. It provides insights into pricing trends and affordability in the state's residential real estate market, which is an important factor for homebuyers, sellers, and policymakers.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on listings and transaction information from real estate databases.
Historical Context
Analysts and policymakers use this trend to assess the health of Ohio's housing market and inform decisions around mortgage rates, housing policies, and economic development initiatives.
Key Facts
- The average listing price in Ohio has risen by 7.2% over the past year.
- Inventory of homes for sale in Ohio is down 15% compared to pre-pandemic levels.
- Rapid home price appreciation has increased affordability challenges for many Ohio residents.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month percentage change in the average listing price for homes in the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into pricing dynamics and affordability in Ohio's residential real estate market, which is crucial information for homebuyers, sellers, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on listings and transaction information from real estate databases.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to assess the health of Ohio's housing market and inform decisions around mortgage rates, housing policies, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Housing Inventory: Average Listing Price Month-Over-Month in Ohio (AVELISPRIMMOH), retrieved from FRED.