The Columbus Board of REALTORS®, "The Voice of Real Estate in Central Ohio" (their website says so) announced the real estate market results for July 2010 yesterday:
"July saw a decrease of 28.6 percent in sales."
The Columbus Board of REALTORS MLS (multiple listing service) area includes all of Franklin, Delaware, Fayette, Madison, Morrow and Union Counties and parts of Champagne, Clark, Hocking, Licking, Fairfield, Knox, Logan, Marion, Pickaway and Ross Counties. I mainly work Delaware and Franklin Counties.
Central Ohio homes for sale - Search
Home sales were up earlier in the year because of the home buyer tax credits and are down now No surprise.
Quoting myself:
Olentangy Schools -"Home sales were down 29.2% in July 2010 from the previous year, sale prices are up 9.6% from July 2009."
Westerville Schools - "Westerville home sales in July 2010 were down 39% from the year before."
Worthington Schools - The bad news "July 2010 home sales in Worthington schools were down 43.9% from July 2009" The good news "average sale price $217,000 (up 4.3% from July 2009)"
The National Association of REALTORS® announced July home sales were down 27% in July 2010. That announcement was made August 25, 2010.
Is Columbus a buyers market? - July 2010
The info I am able to access about the 7th or 8th of the month, each month to make market reports must be reconclied before the board publishes it as sales dribble in because the CBR results that come out the same day as the NAR results are always a little better. So my info by market is always a little bit worse sounding. My market reports are single family only, the board used residential sales, single family and condominium combined.
If you use the Central Ohio homes for sale link you will search the online inventory of Central Ohio homes on the 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 can know the true status of those properties you are interested in.
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This post provided by Maureen McCabe of Real Living HER
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Website: MaureenMcCabe.com
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