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Columbus Region Home Sales Highest – Ever!

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(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®.

View the Report: http://www.10kresearch.com/sortable/Columbus-OH/2013-08/main.htm

Home sales breaking records in Columbus Region

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“(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: http://www.10kresearch.com/sortable/Columbus-OH/2013-06/main.htm

April Home Sales Set Record High

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“(May 22, 2013) Central Ohio home sales last month (2,390) showed an increase of 30 percent in the market from one year ago (1,834). According to the Columbus Board of REALTORS®, April saw the highest number of home sales on record, followed by the 2,286 homes sold in April of 2004….

In addition to the increases in sales, home prices continue to rise also. While the average sale price has increased every month in 2013 from $149,477 in January to $163,084 in April, the average sale price year-to- date ($156,386) is up almost one and a half percent from 2012.” – Columbus Board of Realtors

Columbus Area Market Housing Update April 2013

Franklin County

COMMUNITIES/SCHOOL DISTRICTS (SD)

Beechwold/Clintonville (43214, 43202)

Bexley (Corp.)

Blacklick (43004)

Big Walnut LSD

Canal Winchester CSD

Columbus (Corp.)

Columbus CSD

Downtown Columbus (43215)

Dublin CSD

Gahanna Jefferson CSD

German Village (43206 and GV subdivision)

Grandview Heights (Corp.)

Hilliard CSD

New Albany Plain LSD

Olentangy LSD

Pickerington LSD

Upper Arlington CSD

Westerville CSD

Worthington CSD

 

Central Ohio housing activity strong in the 1st quarter

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Central Ohio housing activity strong in the 1st quarter – Residential home sales (4,844) were up 17.6 percent over last year. From the Columbus Board of Realtors:

Columbus Area Housing Market Update, March 2013

Franklin County

COMMUNITIES/SCHOOL DISTRICTS (SD)

Beechwold/Clintonville (43214, 43202)

Bexley (Corp.)

Blacklick (43004)

Big Walnut LSD

Canal Winchester CSD

Columbus (Corp.)

Downtown Columbus (43215)

Dublin CSD

Dublin (Corp.)

Gahanna Jefferson CSD

German Village (43206 and GV subdivision)

Grandview Heights (Corp.)

Granville EVSD

Grove City (Corp.)

Hilliard CSD

Lithopolis (Corp.)

New Albany Plain LSD

Olentangy LSD

Pickerington LSD

Powell (Corp.)

Reynoldsburg CSD

South-Western CSD (Grove City)

Upper Arlington CSD

Westerville CSD

Worthington CSD

 

 

January home sales highest since 2007

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“(Feb. 21, 2013) Central Ohio home sales during the first month of 2013 were the highest for January since 2007 just before the housing market began to feel the effects of the economic recession. The 1,374 closings exceeds the previous year by 20.4 percent (1,141) according to the Columbus Board of REALTORS®.

“Housing activity was up abnormally high during the traditionally slower months at the end of the year,” said Chris Pedon, President of the Columbus Board of REALTORS®. “So we’re not surprised to see such a jump in closings last month.”

Home prices hit their lowest in several years during the recession but are well on their way back. 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 sales price ($149,477) jumped 5.1 percent from January of 2011 and the median sales price ($129,000) was up 5.3 percent.

New listings as added to the market in January totaled 2,578, which is down 6.0 percent from last year. The number of homes for sale in central Ohio is down to 8,935 – the lowest since summer of 2002.

“We’ve watched inventory dwindle steadily over the last year as demand continued to grow,” added Pedon. “Homeowners that have been waiting to move up, or tried to sell their home a few years ago, should seriously consider listing their home. It’s a whole new game out there today.”

According to the latest Housing Market Confidence Index (by the Ohio Association of REALTORS®), 96 percent of central Ohio REALTORS® describe the current housing market as moderate to strong and 100 percent expect the housing market to be moderate to strong over the next six months. As for home prices, 91 percent expect home prices to remain the same or rise in the next year.” – Columbus Board of Realtors

Franklin County

COMMUNITIES/SCHOOL DISTRICTS (SD)

Beechwold/Clintonville (43214, 43202)

Bexley (Corp.)

Big Walnut LSD

Canal Winchester CSD

Delaware CSD

Downtown Columbus (43215)

Dublin CSD

Gahanna Jefferson CSD

German Village (43206 and GV subdivision)

Grandview Heights (Corp.)

Granville EVSD

Hilliard CSD

New Albany Plain LSD

Olentangy LSD

Pickerington LSD

South-Western CSD (Grove City)

Upper Arlington CSD

Westerville CSD

Worthington CSD

 

 

Columbus Area Housing Market Update | December 2012

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“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

COMMUNITIES/SCHOOL DISTRICTS (SD)

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.

Grandview Sales Trends April 2012

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Region: Columbus Board of Realtors (CBS)
Location: GRANDVIEW
Property Types: All Residential Prop
New Construction: All Properties
SQFT Range: 0 – No Limit
Price Range: $0 – No Limit
Date Range: Jan. 2011 – Mar. 2012
Bedrooms: 0 – No Limit
Full Baths: 0 – No Limit
Half Baths: 0 – No Limit
Year Built: 0 – No Limit
* All reports are published April 2012, based on data available at the end of March 2012. All reports presented are based on data supplied by the Columbus Board of Realtors, Greater Cincinnati MLS and Dayton Area Board of Realtors or theirs MLSs. Neither the Association nor their MLSs guarantee or are in anyway responsible for its accuracy. Data maintained by the Association or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.