Columbus Region Home Sales Highest – Ever!

(Sept. 19, 2013) Central Ohio home sales hit a new apex this summer and now stand at their highest point on record. The 18,834 homes sold as of Aug. 31 were 22.9 percent higher than the number of homes sold January through August of 2012 and further exceed any previous year. Homes sold during the month of August alone were 2,729, 11.1 percent higher than last year and another record high for sales during the month of August according to Columbus REALTORS®.

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Home sales breaking records in Columbus Region

“(Aug. 21, 2013) Central Ohio home sales are breaking the records this summer. Year to date sales (15,988) are 24.2 percent ahead of last year and the highest for the first seven months of any year recorded by Columbus REALTORS®.

Last month’s 2,825 homes sales were the highest on record for the month of July – and the third highest month on record just slightly behind August 2005 (2,875) and June 2006 (2,872).

The 3,515 homes put in contract last month (18.0 percent higher than last year) would suggest that the high sales trend is continuing.”– Columbus Association of Realtors

Columbus Housing Report By Area:

SOLD: 250 Daniel Burnham Square #254 in the Arena District.

SOLD: 250 Daniel Burnham Square #254 in the Arena District. Seller Representation.

Check out more information about the Arena District and Downtown Columbus Condos for Sale.

250 Daniel Burnham Square #254 in the Arena District

Beautiful Burnham Square two-story townhouse in the Arena District. This townhome features 2 spacious bedrooms, 2.5 baths, and a very modern, open floorplan. Large owner’s suite with full bath and professionally designed walk-in closet, hardwood floors throughout, granite, SS appliances, crown molding, and a private patio. Attached parking in the garage below.

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Columbus Area Housing Market Update | December 2012

“2012 home sales, prices flourish – best year since 2007

Central Ohio saw 22,915 single-family and condominium home sales in 2012, up 15.5 percent from the previous year according to the Columbus Board of REATORS®. This marks the highest number of residential home sales since 2007 – the end of the housing boom.

The average sale price of a home sold in central Ohio in 2012 was $167,459, which is 7.2 percent higher than in 2011. The average sale price for the month of December was $158,898 – a 7.5 percent increase over the same time last year.

The median sale price of a home sold in 2012 was $144,500 – up 8.7 percent from 2011. The median list price of a home sold in December was $136,450, which is 9.2 percent higher than one year ago.

The difference between the average sales price and the median sales price is that the average sales price is the sum of all the prices for all closed sales in a given month, divided by the number of homes sold. The median sales price is a mathematical result that indicates that one half of the group is higher and one half lower. The median price of 101 sold homes would be that price which is lower than 50 of the prices and also higher than 50 of them.

The inventory of homes for sale in central Ohio is at its lowest point in over a decade (9,252) – 18.8 percent less than December 2011.

According to the latest Housing Market Confidence Index (by the Ohio Association of REALTORS®), 93 percent of central Ohio REALTORS® describe the current housing market as moderate to strong and 97 percent expect the housing market to be moderate to strong over the next six months. As for home prices, 85 percent expect home prices to remain the same or rise in the next year.” – Columbus Board of Realtors


All data comes from the Columbus Board of REALTORS® MLS which serves all of Franklin, Delaware, Fayette, Licking, Madison, Morrow, Pickaway and Union Counties and parts of Athens, Champaign, Clark, Clinton, Fairfield, Hocking, Knox, Logan, Marion,  Muskingum, Perry and Ross Counties. Powered by 10K Research and Marketing.

NEW LISTING: 250 Daniel Burnham Square #706 in the Arena District

You do not want to miss this 2 story Penthouse in the heart of the Arena District. 2 bedrooms each with a private bath & huge walk in closets. Extra loft space perfect for home office,workout space, or 2nd floor den. Spacious kitchen w/ granite counters, new backsplash and stainless steel appliances. The living room is open to family room and features a stone wall with electric fireplace! Hardwood floors, private balcony, secured covered parking for 2. Tax abated though 2015. Walk to Blue Jackets, Clippers & restaurants!

For more information and photos, view the listing information.

SOLD: 251 Daniel Burnham Square #201 in the Arena District.

SOLD: 251 Daniel Burnham Square #201 in the Arena District. Seller Representation.