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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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February 2008 Columbus Home Sales

Mar. 20, 2008
Categorized in: Real Estate

An email from the Columbus Board of Realtors to members today, said  The drop in mortgage interest rates in late January generated immediate housing activity,”

The Board of Realtors emailed the press release to members that they were releasing to the media today.  What a great idea.  I really hate reading it in the newspaper.

The article on the  Columbus Board of Realtors website quotes president Greg Hrabcak:

"It appears many buyers were waiting for the rates to drop as homes contracted for last month were up over the last three months as well as the year before."

Sales (closings) were down but "in contract" listings were up.

Columbus Board of Realtors - Home Sales for February 2008

Central Ohio market reports on Discover Columbus

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

Powell Property Values Going UP?

Feb. 28, 2008
Categorized in: Columbus Real Estate

Zillow says the values in Powell went up in the 4th Quarter of 2008.

 

Columbus on Zillow's Zindex

Assuming Zillow is talking the Powell Corporation (City of Powell) not the mailing address Powell 43065... from the 2-15-2008 Discover Columbus entry here...

The Red of this spectrum Home Values are Up 9%+   Hot?

Powell + 11.6%
Sunbury + 9.7%

Remember Zillow measures the values of all homes... not just the homes for sale or sold...and Zillow measures all homes (not just condo and single family)

Powell Home Sales for 15 months....

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 201 189 155 166 166 191 210 212 208 212 210 198 199 182 162
Sold 14 14 10 12 12 20 16 20 30 26 18 19 12 7 15
Pended 16 10 10 19 12 18 21 26 23 27 11 15 20 10 13
Months of Inventory based on Closed Sales 14.4 13.5 15.5 13.8 13.8 9.6 13.1 10.6 6.9 8.2 11.7 10.4 16.6 26.0 10.8
Months of Inventory based on Pended Sales 12.6 18.9 15.5 8.7 13.8 10.6 10.0 8.2 9.0 7.9 19.1 13.2 10.0 18.2 12.5
Avg. Active Price 371 364 377 361 355 372 375 384 380 385 379 379 372 369 376
Avg. Sld Price 305 344 373 392 337 283 341 348 348 305 362 298 415 289 392
Avg. Sq. Ft. Price 118 125 127 125 120 117 130 126 120 120 124 119 139 120 116
Sold/List Diff. % 95 97 97 96 97 97 100 98 97 98 95 97 103 95 96
Sold/Orig LP Diff. % 94 93 94 91 94 96 99 96 95 97 92 94 102 93 92
Days on Market 101 127 84 138 139 179 100 141 140 127 135 170 62 106 154
Median Price 288 325 345 356 309 284 307 329 333 294 350 298 427 308 339
*All reports are published Jan. 2008, based on data available at the end of Dec. 2007.
All reports presented are based on data supplied by the Columbus Board of Realtors, Northern Ohio Regional MLS, Centralized Real Estate Information Service, Greater Cincinnati MLS and Dayton Area Board of Realtors or theirs MLSs. Neither the Association nor their MLSs guarantee or are in anyway responsible for its accuracy. Data maintained by the Association or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

Confusing.  I hope Zillow's crystal ball is correct and the value of porperties in Powell are increasing.

The Zillow  info came from the Zillow call I listened to a few weeks back.  The statistics in the table are from TrendGraphix.  Real Living HER is the only company in Central Ohio with access to TrendGraphix.  The numbers come from the Columbus Board of Realtors MLS.

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

 

Columbus Ohio Home Sales - January 2008

Feb. 28, 2008
Categorized in: Market Report
Columbus Real Estate Market Report for the 15 Months Ending January 2008.

Graph Showing Home Sales and inventory in the  Columbus City School District for the 15 months ending January 2008

Does this mean anything?  I am not sure that sales for a school district this huge mean anythiing, but I did Worthington Schools, Dublin Schools, etc.

It's a buyers market!



Date 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 1/08
For Sale 4959 4294 4597 4668 4955 5179 5268 5510 5675 5766 5659 5368 5151 4633 4797
Sold 461 452 389 437 521 568 628 674 642 686 461 510 479 401 338
Pended 473 425 494 475 594 649 713 627 662 597 468 536 445 392 418
Months of Inventory based on Closed Sales 10.8 9.5 11.8 10.7 9.5 9.1 8.4 8.2 8.8 8.4 12.3 10.5 10.8 11.6 14.2
Months of Inventory based on Pended Sales 10.5 10.1 9.3 9.8 8.3 8.0 7.4 8.8 8.6 9.7 12.1 10.0 11.6 11.8 11.5
Avg. Active Price 140 136 138 138 140 141 143 142 140 140 141 140 139 135 135
Avg. Sld Price 114 119 109 112 117 117 124 132 129 126 108 114 108 106 105
Avg. Sq. Ft. Price 83 84 80 83 86 86 90 95 92 92 80 83 79 76 75
Sold/List Diff. % 97 97 96 96 96 97 97 97 97 97 96 96 96 96 96
Sold/Orig LP Diff. % 92 92 92 91 92 94 94 94 94 93 91 91 91 90 89
Days on Market 102 102 109 115 114 107 103 108 93 104 101 100 110 100 113
Median Price 97 100 92 93 95 102 110 114 114 110 90 96 89 88 84
"*All reports are published Feb. 2008, based on data available at the end of Jan. 2008.
All reports presented are based on data supplied by the Columbus Board of Realtors, Northern Ohio Regional MLS, Centralized Real Estate Information Service, Greater Cincinnati MLS and Dayton Area Board of Realtors or theirs MLSs. Neither the Association nor their MLSs guarantee or are in anyway responsible for its accuracy. Data maintained by the Association or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. "



These are  homes in the Columbus School District and includes condominiums and single family homes.

City of Columbus Ohio

Columbus School District

Other Central Ohio School Districts

School Matters - Ohio Public Schools from Standard & Poors

Ohio Department of Education-  Schools

Homes may also be in townships or villages within the Columbus School District.

Search for homes - no sign up required

Sign up for a MyRealLiving Account


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

Dublin Ohio Home Sales - January 2008

Feb. 23, 2008
Categorized in: Market Report

Dublin Area Real Estate Market Report for the 15 Months Ending January 2008.

Sales in the Dublin Area (the Dublin School District ) were down 42% from sales in January 2007. 

The average sale price in January 2008 was $268,000  up from $252,000 at the same time last year.  Average active price is considerably higher at $409,000 with is up from the average active, $398,000 price in January 2007. 

With 616 single family and condominiums on the market there are 28 fewer homes on the market than a year ago.   There is a 17.6 month supply of inventory(homes for sale)  based on these recent sales. 

Dublin areal homes for sale and sold for the 15 months ending January 2008
"*All reports are published Feb. 2008, based on data available at the end of Jan. 2008.
All reports presented are based on data supplied by the Columbus Board of Realtors, Northern Ohio Regional MLS, Centralized Real Estate Information Service, Greater Cincinnati MLS and Dayton Area Board of Realtors or theirs MLSs. Neither the Association nor their MLSs guarantee or are in anyway responsible for its accuracy. Data maintained by the Association or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed."

 

Date 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 1/08
For Sale 669 580 644 702 771 834 875 840 828 787 761 737 680 536 616
Sold 69 76 60 63 86 90 151 146 125 133 75 64 79 56 35
Pended 78 56 71 72 88 136 137 126 138 96 80 52 68 49 38
Months of Inventory based on Closed Sales 9.7 7.6 10.7 11.1 9.0 9.3 5.8 5.8 6.6 5.9 10.1 11.5 8.6 9.6 17.6
Months of Inventory based on Pended Sales 8.6 10.4 9.1 9.8 8.8 6.1 6.4 6.7 6.0 8.2 9.5 14.2 10.0 10.9 16.2
Avg. Active Price 378 384 396 398 378 387 388 390 389 388 396 395 397 404 409
Avg. Sld Price 289 258 252 238 249 298 251 309 277 266 236 280 267 273 268
Avg. Sq. Ft. Price 119 118 120 121 114 122 120 129 125 124 120 129 120 110 119
Sold/List Diff. % 97 97 97 97 97 96 97 97 96 97 96 99 97 96 96
Sold/Orig LP Diff. % 92 94 95 95 94 93 95 95 94 94 94 96 95 93 93
Days on Market 119 99 88 96 106 107 96 93 91 98 95 97 104 102 122
Median Price 232 229 216 193 220 250 220 247 219 242 175 200 199 222 205


The sales above are throughout the Dublin School District.  The sales below are the City of Dublin (Dublin Corporation Limit.) With 25 Dublin home sales, sales are down 47% from January 2007. 

Average active price is up 7 % from January 2007.  Average sale price at $305,000 is down from $315,000 in January 2007.

links
Table

Date 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 1/08
For Sale 453 373 406 467 529 554 592 566 571 543 517 503 476 367 428
Sold 43 54 47 30 54 66 92 93 72 89 41 33 49 37 25
Pended 50 42 39 43 61 91 82 79 77 63 41 35 41 29 28
Months of Inventory based on Closed Sales 10.5 6.9 8.6 15.6 9.8 8.4 6.4 6.1 7.9 6.1 12.6 15.2 9.7 9.9 17.1
Months of Inventory based on Pended Sales 9.1 8.9 10.4 10.9 8.7 6.1 7.2 7.2 7.4 8.6 12.6 14.4 11.6 12.7 15.3
Avg. Active Price 412 427 424 424 413 415 422 426 422 426 439 446 447 463 453
Avg. Sld Price 326 316 315 288 317 338 297 353 331 306 287 296 320 326 305
Avg. Sq. Ft. Price 126 131 126 125 119 124 124 132 126 126 125 120 124 115 117
Sold/List Diff. % 97 96 97 97 97 96 97 97 96 96 96 96 97 96 95
Sold/Orig LP Diff. % 90 94 95 94 94 93 95 95 95 93 95 94 95 94 90
Days on Market 125 116 116 107 112 113 99 104 94 99 83 100 93 100 108
Median Price 280 302 300 285 300 314 285 328 303 293 295 266 290 300 342

Same disclaimer as above for Trendgraphix.

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Sign up for a MyRealLiving Account

More information about the Dublin community and school:

City of Dublin

Dublin Schools

Additional Central Ohio School Districts

School Matters - Ohio Public Schools from Standard & Poors

Ohio Department of Education including school district report cards.

 



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