Local home prices up 9 percent in May

6/12/2013

Editor's note: The initial version of this story incorrectly stated the percentage increase of the average sales price of homes.

The average sales price of homes sold in Lucas County and northern Wood County rose nine percent in May compared with the same month last year, according to the Toledo Board of Realtors.

The number of sales fell from 508 to 500, a drop of 2 percent.

For the year, sales are up 4 percent and the average price is up 10 percent.