March pending home sales higher year-to-year

Pending Home Sales
AP Photo/Paul Sakuma/File

COLUMBUS, Ohio (WDTN) – Pending home sales in Ohio are slightly higher in March from the level during the month a year ago and rose sharply from last month, according to the Ohio Association of REALTORS.

“It appears that home buyers were eager to shake off the winter doldrums and kick-start the traditional spring home buying season,” said OAR President Chris Hall. “The uptick in home purchase contracts in March is welcomed news following a three month slowdown. It’s evidence that we’ve entered into a more balanced marketplace, one that will see variances in activity based on current conditions.”

A pending sale or a sale “under agreement” is when the buyer and seller agree on terms of the sale of a home and have a signed purchase and sale agreement, but have yet to close and be recorded as such. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others and keep the conversation on topic and civil. If you see an inappropriate comment, please flag it for our moderators to review.

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