Columbus Real Estate Market Report 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.
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 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.
"*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."
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.
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
Clintonville Area Real Estate Market Report for the 15 Months Ending January 2008.
The graph and table represent the homes in the MLS area (Columbus Board of Realtors multiple listing service area) that includes the Clintonville and Beechwold neighborhoods (among others.) The are is bounded by the city of Worthington to the north, the Olentangy River to the west, interstate 71 to the east... the southern boundary of "Clintonville"is a little less precise...
January home sales were down in comparison to 2007 sales in the Clintonville Beechwold area. There is over 12 and a half months worth of inventory based on sales. It is a buyers market in the area.
"*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. "
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
Worthington Area Real Estate Market Report for the 15 Months Ending January 2008.
The graph above is for the Worthington School District, the sales and inventory for the past 15 months through January 2008, for single family and condoominium properties.
About 23% fewer homes in the Worthington area sold in January 2008 in comparsion to January 2007. Inventory was only up about 3% higher than last year in the area. There is 11.8 months of inventory on the market based on January sales (that means it's a buyers market.) January pended (under contract) properties were down over 50% hopefully they just have not been reported to the board.
The average price was virtually unchanged for active listings- $232, 000 to $233,000
The average price was up for sold listing - from $188,000 to $214,000 +14%
The median price was up - from $176,000 to $202,000 +13%
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
446
366
390
415
457
499
539
578
585
558
520
490
439
385
401
Sold
51
58
44
45
65
79
93
93
90
110
61
49
53
39
34
Pended
48
52
49
52
79
83
100
92
103
86
55
54
54
34
22
Months of Inventory based on Closed Sales
8.7
6.3
8.9
9.2
7.0
6.3
5.8
6.2
6.5
5.1
8.5
10.0
8.3
9.9
11.8
Months of Inventory based on Pended Sales
9.3
7.0
8.0
8.0
5.8
6.0
5.4
6.3
5.7
6.5
9.5
9.1
8.1
11.3
18.2
Avg. Active Price
238
243
232
232
237
236
235
232
231
234
244
253
253
252
233
Avg. Sld Price
190
204
188
192
192
222
209
214
225
197
194
185
230
195
214
Avg. Sq. Ft. Price
110
112
110
114
111
121
117
117
122
112
106
113
115
114
113
Sold/List Diff. %
97
96
97
97
96
98
97
98
97
97
96
96
95
97
96
Sold/Orig LP Diff. %
93
93
94
95
94
95
95
95
95
95
93
92
90
94
92
Days on Market
88
106
102
103
107
112
100
80
74
79
91
112
110
117
104
Median Price
156
180
176
178
190
188
193
190
204
180
168
173
209
174
202
*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.
In comparison the homes in the City of Worthington:
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
124
98
108
118
136
149
152
160
155
145
150
145
129
111
118
Sold
12
20
10
10
17
26
25
26
29
35
21
13
17
8
12
Pended
13
17
8
19
18
28
22
29
29
32
16
17
14
8
7
Months of Inventory based on Closed Sales
10.3
4.9
10.8
11.8
8.0
5.7
6.1
6.2
5.3
4.1
7.1
11.2
7.6
13.9
9.8
Months of Inventory based on Pended Sales
9.5
5.8
13.5
6.2
7.6
5.3
6.9
5.5
5.3
4.5
9.4
8.5
9.2
13.9
16.9
Avg. Active Price
280
283
270
268
270
272
264
256
259
259
270
279
279
272
257
Avg. Sld Price
225
221
269
278
239
306
268
261
293
239
196
227
290
296
238
Avg. Sq. Ft. Price
133
119
123
144
126
148
142
132
146
126
111
128
133
130
129
Sold/List Diff. %
97
96
95
95
95
98
96
98
97
96
96
96
93
98
97
Sold/Orig LP Diff. %
93
92
92
93
92
96
95
92
92
94
91
92
86
93
93
Days on Market
92
88
85
117
97
116
127
94
60
74
87
63
128
132
94
Median Price
204
191
278
232
220
244
235
226
228
218
175
208
273
257
216
Same disclosure as above applies.
The City of Worthington, a much smaller area, sales were up. Inventory was up. Prices are down from January 2007, but is such a small sample.
The homes represented in both tables and in the graph are single family and condominium homes. The graphs and tables are created with TrendGraphix. Real Living is the only brokerage with access to TrendGraphix market reports.
I'd love to hear from you if you have a comment about home sales in Worthington, or the Worthington area. All comments are moderated so you will not see your comment immediately. Thanks.
Copyright 2008 Discover Columbus and Maureen McCabe
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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