Westerville Real Estate brought to you by Maureen McCabe of Real Living HER
The light green bar in the graph shows homes for sale for the past 15 months. The dark green bar in the graph shows homes sold for the past 15 months in the Westerville City School District. The graph is only homes listed as single family homes, it does not include condominiums in Westerville schools.
The fireworks? There is something really good in the report for December 2010 in the market report, it is the 64 sales. Higher than any month since August 2010. We are a seasonal market. Sellers take their properties off the market at the holidays. Higher sales in December than November, October, September, August? That is good.
Westerville Real Estate a market report for December 2010
- homes for sale 403
- homes sold 64
- months of inventory 6.3
- average active price $210,000
- average sale price $182,000
- median sale price $156,000
December 2010 home sales are encouraging? Promising? Westerville home sales were up 14.3% from December 2009. While down from November Westerville homes for sale was up over 30% from December 2009. That is 15.2% more months of inventory than in December 2009 based on current sales. With only 6.3 months of inventory Westerville is balanced... not a buyers market, not a sellers market.
Westerville home prices are not as promising if you are a home seller in Westerville schools. The average active price was down 15% from December 2009. Unlike much of Central Ohio the average sale price of a Westerville home was down in December, down by 19.8%. Median sales price of a Westerville home is down as well. Price per square foot is down as well.
Westerville Real Estate - neighborhoods
Of course City of Westerville neighborhoods are reflected in the Westerville real estate graph for the past 15 months but also city of Columbus neighborhoods in the Westerville school district and homes in unincorporated areas (townships.) There are homes for sale in the Village of Minerva Park included in the homes for sale bar in the graph. The Westerville City School District is in both Franklin and Delaware County.
Westerville homes sold in December 2010 included homes in the Annehurst Village, Blackhawk Creek, Highland Lakes, Huber Ridge, Lehy Acres, Westerville Woods and a number of other neighborhoods.
Homes for sale in Westerville, buyers still have plenty of choices in neighborhoods such as Annehurst, Brandywine, Covington Meadows, Glengary Heights, Highland Lakes, "Olde Westerville", Northern Lakes, Spring Grove and others. There are a lot of homes on the market in the Village of Minerva Park.
Published January 2011 based on data available from the Columbus Board of REALTORS® at the end of December 2010. 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 it's accuracy. "Information deemed reliable but not guaranteed." Therefor you have no guarantee from me either since I am relying on the data from MLS and Trendgrapix! There is a margin of error, closings get reported late. On the Columbus Board of REALTORS MLS I actually see 68 single family home sales in December 2010. December Westerville home sales may have been the highest they've been since June 2010, higher than July 2010... but maybe there were errors there too. Does Trendgraphix update?
If you use the Westerville homes for sale link above you may search the online inventory of Central Ohio homes for sale on my Real Living HER site. You will be offered the opportunity to receive listings directly from the Columbus Board of Realtors MLS (multiple listing service) in real time. You are able to know the true status of those properties you are interested in.
More about Westerville
This post provided by Maureen McCabe HER Realtors*
Contact Maureen McCabe of HER Realtors* - 614.388.8249
email: MaureenatMaureenMcCabe.com at = @
*Real Living HER
Information is deemed to be accurate but should be verified to your satisfaction. Information provided herein is supplied by several sources and is subject to change without notice. Opinions expressed are solely those of Maureen McCabe.