You have reached your limit of free articles this month.

Enjoy unlimited access to

Starting at just 99¢ for 8 weeks.


  • ePAPER

You have read of premium articles.

Get unlimited access to all of our breaking news, in-depth coverage and interactive features. Starting at just 99c for 8 weeks.


Welcome to

Your source for Clark and Champaign counties’ hometown news. All readers have free access to a limited number of stories every month.

If you are a News-Sun subscriber, please take a moment to login for unlimited access.

Clark County housing sales down slightly from 2013

Property sales declined 11 percent between April and May in both Clark and Champaign counties, although sales have spiked in Champaign County compared to the same time last year.

Overall, home sales in both counties will likely remain relatively stable for the rest of this year due to a lack of available inventory, said Nancy Eubanks, president of the Clark County Board of Realtors.

“We have buyers in the marketplace but the issue is buyers are having trouble finding exactly what they want,” she said.

There were 126 properties sold in Clark County in May 2013, but that figure had fallen to 106 when numbers for this past month were released, said Eubanks, a real estate agent at Roediger Realty Inc. The figures include all residential and commercial sales in the county, she said, but the vast majority were single family home sales.

Champaign County fared better, with property sales this May spiking 44 percent compared to 2013. Champaign County also fared better this April than at the same time last year, with property sales jumping almost 20 percent.

However, Eubanks also pointed out Champaign County had far fewer sales overall than Clark County because of its smaller population.

A report earlier this week from the National Association of Realtors showed sales across the U.S. increased between April and May, but were still about 5 percent behind the pace set last year. The report showed sales of existing homes in the U.S. increased about 4.9 percent last month to a seasonally adjusted annual rate of 4.89 million homes. That monthly gain was the fastest since August 2011.

However, the organization also released a report earlier this month showing new home construction across the U.S. remains slow, and some states could face housing shortages and affordability issues unless housing starts to match up with local job creation.

The local sales are part of a national trend in which buyers are often in the market for a new home, Eubanks said, but sometimes struggle to find the right house due to a competitive market and a lack of inventory.

“I don’t foresee it changing any time soon,” she said. “I think we’re going to see this through the rest of this year.”

Reader Comments ...

Next Up in Community News

Fantasy sports may be regulated in Ohio

With more than 57 million players in the U.S. and Canada, the industry around fantasy sports betting is putting on a full court press to get Ohio and other states to declare their industry legal. State Reps. Jonathan Dever, R-Cincinnati, and Robert McColley, R-Napoleon, introduced House Bill 132, which would declare the fantasy sports betting legal...
Athlete of the Week Mechanicsburg High School
Athlete of the Week Mechanicsburg High School

Name: Tanner Smith School: Mechanicsburg High School Grade: 12 Age: 19 Sports: Wrestling, Football Claim to fame/honors: 2017 DIII Wrestling State Champ Words you live by: “Every day is a day to get better.” Toughest opponent: Carson Kharchilava Biggest influence: Parents and coaches Game-day rituals: Tie my wrestling shoes perfectly What&rsquo...
Student of the Week Mechanicsburg High School
Student of the Week Mechanicsburg High School

Name: Peyton “Rayfon” O’Laughlin School: Mechanicsburg High School Grade: 12 Age: 18 Extra-curricular: Bowling, jazz band, track and field Claim to fame/honors: Part of the Mechanicsburg boys bowling team that went undefeated this season and helped win the team its 8th consecutive OHC championship Words you live by: “You don&rsquo...
National Guard Brigade headquartered in Springfield set for deployment
National Guard Brigade headquartered in Springfield set for deployment

An Ohio National Guard sustainment brigade headquartered in Springfield was sent off by family and friends Saturday afternoon as it prepares for deployment. The 371st brigade, made up of soldiers from Springfield and all over Ohio, is headed to Texas for additional training and then will be sent to Southwest Asia. A large crowd cheered and waved Saturday...
At least 5 dead, dozens injured as tornadoes hit eastern Texas
At least 5 dead, dozens injured as tornadoes hit eastern Texas

Tornadoes tracked across parts of Texas on Saturday, leaving behind a swath of damage, injuring dozens of people and killing at least five, according to multiple reports. Preliminary reports to the National Weather Service in Fort Worth indicated that as many as three tornadoes raked over parts of Henderson, Van Zandt and Rains counties in eastern...
More Stories