Columbus Ohio real estate

Grandview Heights Market Report

 

Grandview Heights

Consumers:  Please visit Discover Columbus for CURRENT Central Ohio Real Estate Market Reports - this is old news but for some reason there are still a lot of views.  Although ActiveRain / Localism has a category for market reports a local ActiveRain member was highly opposed to my sharing this information.

The numbers in the chart below are single family, townhouse and condominiums for sale and sold in the City of Grandview Heights, Ohio, a suburb of Columbus. This report and the graph shows market demand by comparing current inventory to number of homes sold in a 15-month period. 

Grandview is one of the healthiest markets in Central Ohio now from what I see in the chart below, although there is still more inventory on the market this year than 2005. Market days are 27 days longer than a year ago.  I had clients who would have killed for a home in Grandview Heights go in contract on a wonderful home in another Central Ohio community this week. Just nothing in their price range.

Date 9/05 10/05 11/05 12/05 1/06 2/06 3/06 4/06 5/06 6/06 7/06 8/06 9/06 10/06 11/06
For Sale 41 56 51 41 47 57 53 60 70 70 67 60 53 67 62
Sold 13 6 11 6 4 5 4 9 12 18 10 17 5 9 10
Pended 8 9 7 3 2 7 8 15 11 10 14 10 11 8 6
Months of Inventory based on Closed Sales 3.2 9.3 4.6 6.8 11.8 11.4 13.3 6.7 5.8 3.9 6.7 3.5 10.6 7.4 6.2
Months of Inventory based on Pended Sales 5.1 6.2 7.3 13.7 23.5 8.1 6.6 4.0 6.4 7.0 4.8 6.0 4.8 8.4 10.3
Avg. Active Price 269 254 261 267 248 253 259 271 284 270 251 231 255 248 273
Avg. Sld Price 310 242 184 292 360 319 151 215 249 281 324 231 237 216 222
Avg. Sq. Ft. Price 151 151 152 166 164 152 121 161 162 152 174 167 156 143 147
Sold/List Diff. % 97 96 97 96 91 97 94 99 96 95 94 97 94 97 98
Days on Market 62 139 75 70 69 95 154 99 118 93 104 85 64 76 97
Median Price 255 230 162 230 328 292 145 215 218 249 212 225 210 220 223

Graphics and table are from Trendgraphix. The data is Columbus Board of REALTORS® MLS.

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This post provided by Maureen McCabe HER Realtors*

Contact Maureen McCabe of HER Realtors* - 614.388.8249

HER Realtors  Maureen McCabe

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*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.

 


 

2 commentsMaureen McCabe • December 16 2006 08:41AM
Grandview Heights Market Report
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Consumers: Please visit Discover Columbus for CURRENT Central Ohio Real Estate Market Reports - this is old news but for some reason there are still a lot of views. Although ActiveRain / Localism has a category for market reports a local… more