Columbus Home Seller |

A seller left a comment about her NE side Columbus home on this site on an entry about NW Columbus:
RE: Northwest Columbus - 2007 Home Sales
My home has been on the market now for six months with nothing doing on a buyer in site.
____________ Columbus Ohio 43224 - on the market with ______ - if anyone reading is interested or know anyone looking.
It is a wonderful neighborhood right off of Morse Road - no more that five minutes from Easton.
I delete all the spam ads left here as comments too...
Nice try Bridgett. All comments on this site are moderated. I remove all ads left here so I deleted the comment. I am sympathetic but I am not going to advertise a competitors listing for them. Bridgett's home is in the property search on this site, for any buyer who is looking for this type of home. The property is in the search on all Real Living HER sites. Bridgett's home is probably on the majority of Central Ohio real estate websites, that's how real estate works. The information on the house is available to buyers looking for that kind of home. The seller leaving the address as a comment on real estate blogs is NOT going to get the home sold in my humble opinion.
If anyone is interested in a home in a particular area at a particular price will find the homes on a real estate website, or their real estate agent will email the listing to them... they aren't going to find it in the comments on a website...and rush over to find it based on an address and a brokers name...
What buyers care about a home
The information that anyone looking for a home was missing from Bridgett's comment anyway. The home is a three bedroom, bi level with a one car garage, according to the multiple listing service (MLS). Her home is in a neighborhood just south of Morse Rd. It was built in the early 1970's. Pricewise... it's between $90,000 and $129,900. I edited out the price realizing that anyone who really cares which seller is desparate enough to comment spam real estate blogs could find the house via the property search....
Of course buyers are not in sight...
The bad news for Bridgett, it's a buyers market! Bridgett may be waiting a LOT longer than six months for her home to sell based on the market. Spamming a real estate blog with a property address is probably not going to get the home sold any quicker. The graph at the top shows the estimated time to sell a home in the ZIP code and price range based on recent (only through November 2007) sales.
The scoop on the 43224 ZIP code
There are 102 properties for sale in the 43224 ZIP code priced between $90,000 and $129,900 at the end of November 2007... In the month of November 3 homes sold (closed) and 6 homes went under contract (Pended)... That means there is 17 months supply of homes based on the rate of homes going under contract or as much as 34 months based on what actually closed... hopefully the TrendGraphix report for December will look more promising.... for Bridgett's neighborhood.
The table below shows for the past 15 Months what homes in ZIP code 43224 in the price range have done... how many homes have been available (for sale) how many homes have sold (closed.. seller gets the money) how many homes were under contract (pended, some close some never do... )
| Date | 9/06 | 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 |
| For Sale | 142 | 126 | 112 | 105 | 97 | 105 | 109 | 131 | 139 | 137 | 138 | 132 | 128 | 108 | 102 |
| Sold | 8 | 13 | 9 | 6 | 7 | 10 | 7 | 8 | 17 | 12 | 15 | 12 | 5 | 7 | 3 |
| Pended | 10 | 14 | 8 | 7 | 9 | 7 | 8 | 15 | 16 | 16 | 8 | 13 | 5 | 6 | 6 |
| Months of Inventory based on Closed Sales | 17.8 | 9.7 | 12.4 | 17.5 | 13.9 | 10.5 | 15.6 | 16.4 | 8.2 | 11.4 | 9.2 | 11.0 | 25.6 | 15.4 | 34.0 |
| Months of Inventory based on Pended Sales | 14.2 | 9.0 | 14.0 | 15.0 | 10.8 | 15.0 | 13.6 | 8.7 | 8.7 | 8.6 | 17.3 | 10.2 | 25.6 | 18.0 | 17.0 |
| Avg. Active Price | 107 | 107 | 107 | 107 | 107 | 107 | 107 | 107 | 107 | 107 | 108 | 106 | 107 | 107 | 108 |
| Avg. Sld Price | 102 | 109 | 109 | 106 | 101 | 106 | 106 | 102 | 107 | 103 | 108 | 109 | 119 | 107 | 115 |
| Avg. Sq. Ft. Price | 94 | 86 | 78 | 90 | 82 | 89 | 81 | 71 | 83 | 89 | 86 | 88 | 87 | 79 | 99 |
| Sold/List Diff. % | 98 | 99 | 99 | 97 | 97 | 98 | 99 | 98 | 98 | 100 | 97 | 98 | 96 | 102 | 98 |
| Sold/Orig LP Diff. % | 96 | 94 | 96 | 90 | 93 | 95 | 94 | 94 | 96 | 94 | 95 | 95 | 94 | 91 | 99 |
| Days on Market | 63 | 96 | 109 | 140 | 77 | 110 | 188 | 93 | 112 | 143 | 73 | 124 | 116 | 96 | 146 |
| Median Price | 101 | 108 | 106 | 107 | 96 | 108 | 105 | 98 | 107 | 106 | 109 | 112 | 125 | 103 | 115 |

The light green bars in the graph are homes for sale by month. The dark green bars are homes sold. The red line shows the homes that went under contract (pended.)
Good luck Bridgett
The table and charts are from TrendGraphix. The statistics are from the Columbus Board of Realtors multiple listing service. These are single family and condominium properties combined.
Wouldn't it be great if all you need to sell a house was an address? You could post an address and people would rush right over to look at it? That would be a sellers market...
Copyright 2008 Discover Columbus and Maureen McCabe

and a ferret...
