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RSS FeedPowell Property Values Going UP? |
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
Real Living had ads on Zillow.com on Day one... not property ads. Zillow did not have listings on their site when they first opened up shop. Zillow had Zestimates... an AVM... They Real Living ads were ads for Real Living franchises.
