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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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Lewis Center - why isn't my house selling?

Dec. 13, 2007
Categorized in: Market Report

Someone asked me "Why isn't my Lewis Center house selling? "

They said:

 

  • It's the prettiest house in the neighborhood.
  • We have ALL the bells and whistles.
  • Why isn't my Lewis Center house selling?

The homes in the graph and the table are homes in the 43035 ZIP code priced between $300,000 and $350,000. The graph and table go back 15 months.

One home sold in the price range in November.

Lewis Center 300k to 350k homes for sale and sold

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 31 32 27 26 29 34 32 41 39 39 41 36 32 27 18
Sold 2 3 3 3 0 3 6 2 3 10 4 6 5 1 1
Pended 2 3 2 1 2 3 4 3 8 10 3 3 5 5 2
Months of Inventory based on Closed Sales 15.5 10.7 9.0 8.7 n/a 11.3 5.3 20.5 13.0 3.9 10.3 6.0 6.4 27.0 18.0
Months of Inventory based on Pended Sales 15.5 10.7 13.5 26.0 14.5 11.3 8.0 13.7 4.9 3.9 13.7 12.0 6.4 5.4 9.0
Avg. Active Price 330 327 332 332 332 330 329 330 330 329 330 327 326 324 326
Avg. Sld Price 320 317 333 339 0 336 332 322 308 322 314 326 329 332 313
Avg. Sq. Ft. Price 131 105 130 121 0 132 119 119 111 111 119 114 104 136 117
Sold/List Diff. % 98 99 99 101 0 92 98 99 94 96 99 97 96 97 96
Sold/Orig LP Diff. % 94 95 98 97 0 85 95 98 94 95 98 97 95 97 97
Days on Market 44 129 33 154 0 280 117 104 269 162 41 59 77 85 19
Median Price 320 308 328 337 0 340 334 322 308 326 317 331 338 332 313

Only one house sold between $300,000 and $350,000 in Lewis Center in November, one sold in October, five sold in September...

The house that sold was in Walker Woods, it had been on the market previously, so the 19 days on the market is misleading it was on the market an additional 185 days. The original list price was $349,900. The house was vacant. It was neutralized.

Two other homes priced between $300,000 and $350,000 sold but they sold below $300,000 so they do not show here (the price range is for sold not listed price.)

Those homes were in the Village of Alum Creek and Wilshire and they sold in the $290's. One was corporate owned (relocation) the other was bank owned (repossesion)


red and green line pricing for sale vs. sold

Line graph

What can you do to sell your house in this market?

 

  • Price it to sell. Price it for the location and condition.
  • Be the absolute best home, clean, pleasant, inviting.

Copyright 2007 Discover Columbus and Maureen McCabe

 

47 Acres

May. 29, 2006
Categorized in: About

Sunday's Dispatch said according to the Mid Ohio Regional Planning Commission 47 acres of  Central Ohio farmland becomes residential subdvisions and shopping centers each day.  The Columbus Dispatch wrote:

 

"Attempts to break sprawl’s stranglehold on central Ohio are failing."

 

 

 

Driving around Westerville, Lewis Center the Polaris area I kept obsessing "47 acres each day?" ... does 47 acres include developments like Westar?   I went home and reread the article and am still not sure.

 

 

"The region is losing 47 acres of farmland a day to subdivisions and shopping centers, theMid-Ohio Regional Planning Commission says." according to the Columbus Dispatch.

 

 

Related Article's

Columbus Dispatch-  Belt-busting sprawl

Columbus Dispatch MORPC's Plan for Growth


Mid-Ohio Regional Planning Commission is an association of Central Ohio governments.


www.morpc.org  I was uable to get on the MORPC website Sunday. 

 

Copyright 2006 Columbus Best Blog and Maureen McCabe

 

Tick Tock

Apr. 15, 2006
Categorized in: Community

I added a clock to my blog because.... I could.  It may not stay.   I added a traditional round clock for stylistic reasons It goes so well with the Real Living logo. ...but also because it shows the face of Columbus.  The frame of the clock is 270.   Worthington is just inside the 12. 

 

Dublin is just north betwen the 10 and the 11.

Powell is just north of  the 11. 

Lewis Center is just north between the 12 and the 1.   

Westerville is just north of the 1.  

New Albany is east of the 2.  

Gahanna is east between the 2 and the 3.  

Reynoldsburg is... you get the idea.  

 

The Greater Columbus Chamber of Commerce website uses more of a dart board / bulls eye approach to the suburbs. 

 

Dartboard

 

 

10 minute commute suburbs include:

Bexley

Gahanna

Upper Arlington

 

15 minute commute suburbs include:

Hilliard

Worthington

Reynoldsburg

Grove City

 

20 minute commute suburbs include

Dublin

Westerville

New Albany

 

30 minute commute suburbs include:  

Powell

Marysville 

Granville 

 

Commute Times Suburbs to downtown Columbus

 

Copyright 2006 Columbus Best Blog and Maureen McCabe

Lewis Center Home Sales

Dec. 6, 2005

In November 2005 homes in the Lewis Center area of southern Delaware county sold for an average sale price of $270,513.  The average sales price was within 3.4% of the average sale price.

 

These sales include homes in both Orange Township and the City of Columbus with a mailing address of  Lewis Center, Ohio 43035.  The homes are all in the Olentangy school district. 

 

The Lewis Center homes in the neighborhoods in the City of Columbus sold for an average $194,205 sales price.  The five homes were in the Olentangy Glade, Wynstone and Olentangy Meadows neighborhooods.  The average list price is within 3% of the list price for the five homes sold in the area.   The average time on the market according to the multiple listing service was 130 days.  The lowest priced area home was a two story in Olentangy Glade that sold for  $173,500, slightly higher than the list price.  The house measures less than 1400 square feet of living space has 3 bedrooms, two and a half baths and a two car garage.  The highest priced home in this group is a new build Dominion 'spec' home in the Olentangy Meadows neighborhood, that sold for  $215,825.  It sold considerably lower than the list price.  The new build is a three bedroom , two and a half bath, two story home with an attached two-car garage.  It is listed in the MLS as being just over 1600 square feet.

 

The fourteen sales in the Lewis Center area that are in Orange Township sold for an average sales price of  $297,766 within 3.4% of the average list price. These larger homes averaged just over 2600 square feet and sold in an average of 84 days.  The lowest priced home was a three bedroom, two story home  in the Oak Creek subdivision.  The highest priced selling in the month  is a two story in Walker Woods,   3175 square foot, two story,  four bedroom, three and a half bath home with a three car garage.  According to MLS this house  sold in only six days!  The house was listed at $449,900 and sold for   $448,000.  Other area homes that sold in November 2005 were in The Shores, Parkshore, Cross Creek, Estates of Glen Oak, Abbey Knolls, Wilshire,  Village at Alum Creek and  Rivers Edge at Alum Creek neighborhoods. 

 

Sold - 19 Properties Found

 

Square Feet

Bedrooms

Full Baths

Half Baths

DOM

List Price

Sale Price

Min

1320

3

2

1

6

$ 173,000

$ 173,500

Avg

2365

3

2

1

98

$ 280,015

$ 270,513

Max

3286

4

3

1

240

$ 449,900

$ 448,000

 

 

Information deemed reliable but not guaranteed 2001-2005 by Columbus and Central Ohio Regional MLS

Search Criteria: ((liststatus='closd' AND (ClosedDate>=convert(datetime,'11/01/2005') AND ClosedDate < DATEADD(dd,1,convert(datetime,'11/30/2005'))))) AND (SchoolDistrict Like 'olentangy%') AND Tbl.County in ('DEL') AND PropSubType in ('SFM') AND (ZipCode Like '43035%')

 

There are a  few Delaware county neighborhoods in Genoa Township with  a Westerville mailing address that are in the Olentangy school district including Highland Hills, Highland Lakes and Willowbend.  Three homes in this area sold for an average sale price of $363,300 in November 2005.   These three sales are not in the statistics above.