Franklin County Market Report - December 2007 : Discover Columbus

Discover Columbus

Jan. 14, 2008 - Franklin County Market Report - December 2007

Franklin County real etate market report for 15 months ending December 2007.

bar graph of Franklin County real estate market report for 15 months through 12 2007

There were 818 properties sold in the month of December 2007 in Franklin County. In comparison in December 2006 there were 1059 home sales.

Inventory is up by 6% in comparison with December 2006.

Average sale price is down about $5,000 from December 2006.

Franklin County Ohio residential property sales - Single family and condominium

Date 10/06 11/06 12/06 1/07 2/07 3/07 4/07 5/07 6/07 7/07 8/07 9/07 10/07 11/07 12/07

For Sale 11732 11075 9606 10159 10323 11102 11798 12195 12689 12812 12813 12480 12227 11482 10048

Sold 1215 1096 1059 930 984 1210 1327 1627 1662 1582 1655 1167 1172 1047 818

Pended 1190 1082 966 1108 1062 1402 1557 1777 1543 1623 1487 1158 1174 1031 798

Months of Inventory based on Closed Sales 9.7 10.1 9.1 10.9 10.5 9.2 8.9 7.5 7.6 8.1 7.7 10.7 10.4 11.0 12.3

Months of Inventory based on Pended Sales 9.9 10.2 9.9 9.2 9.7 7.9 7.6 6.9 8.2 7.9 8.6 10.8 10.4 11.1 12.6

Avg. Active Price 196 190 188 189 191 193 197 199 198 196 195 196 202 200 196

Avg. Sld Price 165 160 167 160 150 160 160 165 175 172 170 158 159 163 162

Avg. Sq. Ft. Price 102 99 101 98 97 101 100 102 107 105 104 98 97 97 97

Sold/List Diff. % 97 97 97 96 96 96 97 97 97 97 97 96 96 96 96

Sold/Orig LP Diff. % 94 93 93 92 93 93 94 94 94 94 94 93 92 91 91

Days on Market 99 103 109 114 115 112 107 106 106 94 99 97 105 108 107

Median Price 135 135 135 133 132 136 137 143 146 143 142 136 132 130 130

It is a buyers market!

Profile and links to Franklin County communities (some Delaware County communities too)

Buyers: Home Search, you Search all homes on Real Living HER's site. These are not all Real Living HER listings. These are all Real Real Living HER's current listings plus many or most from other local real estate companies.

Let Me Help You Find Your Dream Home - Allow me to set up searches and email you.

Homeowners - Your Homes Market Value - request a market analysis on your Franklin County home.

The graph and table of Franklin County real estate sales and inventory are from Trendgraphix. Real Living HER is Central Ohio's only subscriber to TrendGraphix. The data is from the Columbus Board of REALTORS® MLS. These statistics are single family and condominium properties combined.

I'd love to hear from you if you have a comment on the topic. All comments are moderated so you will not see your comment immediately. Thanks.

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Discover Columbus is a site about Columbus Ohio. Originally named "Columbus Best Blog," it was never the best blog in Columbus Ohio. It was a blog about the best in Columbus and Central Ohio! Best restaurants, best real estate company, best schools, best neighborhoods..... written by Maureen McCabe a licensed real estate agent with Columbus Ohio's best real estate company, Real Living HER. Discover Columbus is just a site about Central Ohio.