Discover Columbus

Worthington, Ohio

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.

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2007 Home Sales - Central Ohio

Jan. 25, 2008
Categorized in: Columbus Real Estate

2007 was the best year for buyers ever.... breaking news from the Columbus Board of Realtors about how homes sales in 2007 fared.

Low interest rates, good inventory.

"2007 best year on record for central Ohio home buyers"

"Interest rates, prices and inventory combined to make 2007 a memorable year for central Ohio home buyers according to the Columbus Board of REALTORS®."

That is from the Columbus Board of Realtors In Contract Magazine -December 2007 Home SalesThere's a table showing 2007 vs 2006 statistically in the artlcle linked here.

Less high priced homes sold in 2007, according to the President of the Columbus Board of Realtors, Greg Hrabcak. 

"we had 22 percent fewer homes sell in the $1 million dollar range. Homeowners resistance to drop the price as well as lenders? temporary aversion toward jumbo loans likely had impact here." 

and

"we saw 124 percent more homes sell for less than $30,000.  Many of these lower priced homes were purchased by investors who recognized just how favorable the 2007 housing market was and took full advantage of these conditions."

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. Copyright 2008

Discover Columbus and Maureen McCabe

Greater Columbus Market Report

Apr. 27, 2007
Categorized in: Real estate is local

Greater Columbus? This may or may not be the Greater Columbus area, this is the entire Columbus Board of REALTORS MLS area. 

Some months I have called this market report Central Ohio.  Someone told me if I use the same title each month, it may confuse Google,  MSN, Yahoo etc.  Who knew?


The properties represented by the graph and table are all counties in the Columbus Board of REALTORS® Multiple Listing Service.   Accordng to the boards website: "The Columbus Board of REALTORS® Multiple Listing Service (MLS) serves all of Franklin, Delaware, Fayette, Madison, Morrow and Union Counties and parts of Champagne, Clark, Licking, Fairfield, Knox, Logan, Marion and Pickaway Counties." 
 

 

 The months of inventory is very similar to Franklin and Delaware counties with over 10 months supply of housing.  The saverage sale price is down slightly.  Average days on market is up by 15 days over March 2006.  This is single families and condominiums for the past 15 months.

Date 1/06 2/06 3/06 4/06 5/06 6/06 7/06 8/06 9/06 10/06 11/06 12/06 1/07 2/07 3/07
For Sale 15074 15835 17147 18106 19307 19675 20219 20354 19724 19425 18375 15909 16975 17297 18380
Sold 1282 1526 2271 2121 2515 2829 2219 2671 2114 1954 1742 1635 1461 1535 1794
Pended 1564 2000 2393 2411 2639 2556 2370 2452 2006 1926 1705 1486 1742 1633 1781
Months of Inventory based on Closed Sales 11.8 10.4 7.6 8.5 7.7 7.0 9.1 7.6 9.3 9.9 10.5 9.7 11.6 11.3 10.2
Months of Inventory based on Pended Sales 9.6 7.9 7.2 7.5 7.3 7.7 8.5 8.3 9.8 10.1 10.8 10.7 9.7 10.6 10.3
Avg. Active Price 218 220 221 224 224 223 222 220 221 219 215 212 214 216 218
Avg. Sld Price 177 165 169 180 180 195 189 183 177 170 171 174 169 167 172
Avg. Sq. Ft. Price 101 98 100 104 105 108 107 104 103 100 99 98 97 98 99
Sold/List Diff. % 97 97 97 97 97 97 97 97 96 97 97 96 96 96 96
Days on Market 105 104 105 99 96 91 96 94 95 101 106 115 116 121 120
Median Price 144 143 144 150 151 160 152 150 145 139 141 142 140 142 146

Community profile of Central Ohio Communities (primarily in Franklin and Delaware Counties)

Search for local homes

Find a home in Central Ohio 

I work primarily in Franklin and Delaware counties but have sold in Fairfield, Licking,  Madison and Union Counties.   

Graphics and table are from Trendgraphix. The data is Columbus Board of REALTORS® MLS.

Copyright 2007 Discover Columbus and Maureen McCabe

 

 

along came a spider

Apr. 24, 2007
Categorized in: Columbus Real Estate

Spider

 

Columbus Board of REALTOR Tech Users Committee Member? 

Join us on Active Rain... for the spider hunt....

Copyright 2007 Discover Columbus and Maureen McCabe

Westerville Real Estate Market

Mar. 15, 2007
Categorized in: Columbus Real Estate

Westerville Market through February 2007.

 Westerville

Sales were up in February,  inventory is down.  Westerville's market looks like one of the best in Central Ohio... for sellers with only 4.4 months supply of inventory (homes and condominiums) based on February sales.   

The number of days on market for Westerville homes is virtually unchanged since this same time in 2006. Prices are stable...

 

Date 12/05 1/06 2/06 3/06 4/06 5/06 6/06 7/06 8/06 9/06 10/06 11/06 12/06 1/07 2/07
For Sale 222 237 250 268 298 311 321 332 312 293 282 264 213 207 198
Sold 32 26 25 52 40 50 48 38 70 55 29 38 21 32 45
Pended 30 25 37 55 38 50 44 54 59 42 35 34 24 38 33
Months of Inventory based on Closed Sales 6.9 9.1 10.0 5.2 7.5 6.2 6.7 8.7 4.5 5.3 9.7 6.9 10.1 6.5 4.4
Months of Inventory based on Pended Sales 7.4 9.5 6.8 4.9 7.8 6.2 7.3 6.1 5.3 7.0 8.1 7.8 8.9 5.4 6.0
Avg. Active Price 232 234 233 235 239 236 232 231 234 232 231 229 228 229 237
Avg. Sld Price 191 199 203 195 205 203 221 204 196 218 182 208 204 190 199
Avg. Sq. Ft. Price 102 102 110 101 107 107 108 104 103 109 101 103 100 102 99
Sold/List Diff. % 97 98 97 98 98 97 98 97 97 97 97 97 95 97 97
Days on Market 89 99 105 108 86 94 79 87 68 81 129 95 104 107 106
Median Price 160 181 180 199 195 197 218 199 180 220 180 215 196 160 201

 

Profiles of Westerville and other Central Ohio communities 

Search for Westerville homes

Find a home in Westerville Ohio

The graph and table of Westerville real estate sales and inventory are from Trendgraphix. The data is from the Columbus Board of REALTORS® MLS.  These statistics are single family and condominium properties only and are within the City of Westerville. 

 

Copyright 2007 Discover Columbus and Maureen McCabe

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