Worthington Ohio real estate market  brought to you by Maureen McCabe of Real Living HER. 

These single family  homes are in the City of Worthington.  Well ....the City of Worthington and Village of Riverlea.  The Columbus Board of Realtors MLS area lumps them together.  MLS areas go away soon.

 Worthington School District a market report November 2009 includes Worthington, Riverlea, City of Columbus homes and homes in Worthington schools in unincorporated areas (townships.)  The Ohio school districts existed long before much of this area was developed or annexed. 

Worthington Ohio real estate market 
70  homes for sale 
17  homes sold in October 2009
4.1 months of inventory based on sales

-15.7% for sale than a year ago.
-50.6% months of inventory (based on closed Sales) in comparison to October 2008

October 2009 home prices in the Worthington Corporation (and Riverlea)

Average Worthington home active price $311,000
Average Worthington home sale price $258,000

Worthington Ohio homes for sale - neighborhoods

The 4.1 months of inventory includes homes in City of Worthington neighborhoods such as Colonial Hills, Elmwood, Medick Estates, Northigh Acres, Old Worthington, Olentangy Hills, Plesenton, Potters Creek and  Worthington Estates.  There are homes on the market in the Village of Riverlea included in the 70 homes for sale.

Search for Worthington homes

Worthington Ohio home sales - October  2009

+70% home sales in October 2009 over October 2008
Average sale price $258,000
Median price $215,000

Worthington Ohio home sales - neighborhoods

Colonial Hills
Davis Estate
Kilbourne Village
Morris Addition
Old Worthington
Olentangy Hills
Plesanton
Worthington Estates
Worthington Park

Riverlea  - Riverlea is a separate village surrounded by Worthington, there were three home sales in Riverlea in October 2009 too.

Selling your Worthington Ohio home

These are all single family homes only!  Previous monthly reports were single family and condominiums combined.  The graph here is only single family for all months.  We can create separate graphs and data now for single family and condominiums.  I am happy about this change with Trendgraphix.

Data published November 2009, based on data available from the Columbus Board of REALTORS® at the end of October 2009.   TrendGraphix reports presented are based on data supplied by the Columbus Board of Realtors.  According to Trendgraphix neither  CBR nor their MLS (multiple listing service ) guarantee or are in anyway responsible for its accuracy. "Information deemed reliable but not guaranteed."  Only Real Living HER agents are authorized to use Trendgraphix in Central Ohio.  Have I mentioned these are single family homes only!

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. Sadly I did a short test of leaving comments open but got a rash of bot spam comments. Thanks. Copyright 2009 Discover Columbus and Maureen McCabe.  A similar post is on ActiveRain / Localism and Worthington Old and News.

Dublin homes for sale - a market report

640  homes for sale 
92    homes sold in September 2009
7.1   months of inventory based on sales

Average Dublin active price $394,000
Average Dublin sale price $267,000

5% less homes for sale than a year ago.
44.1% less  months of inventory (based on closed Sales) in comparison to September 2008

September Dublin Home Sales

+ 70.4% home sales in September 2009 over September 2008

Average sale price $267,000

Dublin homes for sale - neighborhoods

The Central Ohio homes for sale represented in the statistics above are spread out across Franklin, Delaware and Union Counties, the majority in Franklin County.  Homes in neighborhoods in the City of Dublin, the City of Columbus, Shawnee Hills, townships...Being a part of the City of Dublin School District is what these homes all have in common.  There's a big range of prices.

A small number of homes in the City of Dublin are NOT in the Dublin School District.  A few Dublin neighborhoods (in the City of Dublin) are in the Hilliard School District.

Search for Central Ohio Homes

Previously posted with graphics on Discover Columbus OH

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 2009 Discover Columbus and Maureen McCabe

Worthington Ohio home sales - September 2009

The homes this market report are in the City of Worthington and the Village of Riverlea. The Columbus Board of REALTORS® MLS (multiple listing service) lumps Riverlea in with the City of Worthington.  The market report does not include all the homes in the Worthington School District.   There is a separate market report for the Worthington area (the homes in the Worthington School District.)

Worthington Ohio home sales September 2009 - a market report

31 Homes sold in September 2009
vs.
11 Homes sold in September 2008  244.4% more sales in September 2009 than a year ago.

31 home sold in Worthington is higher than any month in the past 15 months as you can see in the graph.

Average active price $294,000
Average sale price $208,000


Worthington Ohio homes sales September 2009 - neighborhoods

There were homes sold in Colonial Hills, Davis Estates, Dupre Heights, Hidden Colony, Kilbourne Village, Old Worthington, Olentangy Hills, Worthingville, Worthinway, Worthington Estates, Worthington Park and more.

At least one home in the Village of Riverlea closed in September 2009. 


Sell your Worthington Ohio home

Find out what your Central Ohio home is worth in today's market!

Using my wealth of resources I can provide you with an accurate, in-depth Comparative Market Analysis, which will give you a realistic idea of a selling price for your Central Ohio home.

Search for Worthington homes for sale


Trendgraphix uses single family and condominium sales combined. The graphs (shown on Worthington Old and News )  are based on data available at the end of September 2009.  The graph was created with data from the Columbus Board of REALTORS® and Trendgraphix.  Only Real Living HER agents are authorized to use Trendgraphix in Central Ohio.

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 2009 Discover Columbus and Maureen McCabe

You'd think listening to the media nationally that prices of homes across the US are falling just like the prices at Wal Mart...  

Sometimes the local media picks up a national story and runs with it... the sky is falling, home prices are plummeting... other times local media reflects the true picture of the market in Central Ohio..

No prices are not falling in Central Ohio.  Risk of falling prices is low locally...   we rate right DOWN there at the bottom of the list nationally! Harley Rouda Jr. the CEO of Real Living forwarded us the latest PMI report yesterday.... he wrote:

"In many markets, the media hype predicting home price declines is just not based on the facts. "

The PMI Report - 3rd Quarter 2007 a PDF asks "What's a Normal Housing Market?"

See Page 7 of the report issued about the 3rd quarter 2007 for what cities have a high risk of housing prices falling. 

Page 11 of the PDF is my other favorite page of the report.  The map... California is red.  Some markets in Florida are red...   red is high risk...

1.  Fort Worth - Arlington TX (bottom of the list of 381 markets in the US)
2.  Dallas, Plano, Irving TX
3.  Pittsburgh PA
4.  Houston, Sugarland-Baytown TX
5.  San Antonio TX
6.  Indianapolis - Carmel IN
7.  Cincinnati - Middletown OH, KY, IN
8.  Columbus OH
9.  Austin Roundrock TX
10. Kansas City MO KS 

I've written about Columbus place on the PMI list before... Columbus and the usual suspects are not new to the bottom of PMI's list. 

Previous entries about the PMI list:

PMI - Fall 2007

PMI - Fall 2006

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

Copyright 2008 Discover Columbus and Maureen McCabe