Columbus Ohio real estate

Central Ohio Market Report through August 2007

The numbers on the graphs and the table below are for Franklin and Delaware Counties.  The properties represented are single family and condominium homes in the two counties for the past 15 months, through the end of August 2007.

The light green bars are homes for sale.  The dark green bars are sold properties.  The red line represents "pending" (under contract) sales. 

It is still a buyers market in Central Ohio with 8.5 months of inventory available at the end of August 2007.

 Central Ohio though August 2007

Inventory is up sales are down.  Pirces are relatively stable.

Average list price at the end of August 2007 was $224,000 vs. $227,000 this time last year.
Average sale price at the end of August 2008 was $187,000 vs. $190,000 this time last year.

Median price is up from $151,000 in August 2006 to $155,000 at the end of August 2007.

 

Date 6/06 7/06 8/06 9/06 10/06 11/06 12/06 1/07 2/07 3/07 4/07 5/07 6/07 7/07 8/07
For Sale 14153 14590 14705 14268 14020 13196 11402 12110 12340 13287 14152 14653 15160 15253 15258
Sold 2118 1664 1973 1554 1410 1278 1210 1078 1166 1432 1543 1886 1990 1837 1800
Pended 1925 1744 1809 1466 1381 1250 1112 1314 1255 1620 1823 2047 1833 1875 1454
Months of Inventory based on Closed Sales 6.7 8.8 7.5 9.2 9.9 10.3 9.4 11.2 10.6 9.3 9.2 7.8 7.6 8.3 8.5
Months of Inventory based on Pended Sales 7.4 8.4 8.1 9.7 10.2 10.6 10.3 9.2 9.8 8.2 7.8 7.2 8.3 8.1 10.5
Avg. Active Price 231 229 227 227 225 220 216 218 221 222 226 229 226 225 224
Avg. Sld Price 202 200 190 185 179 178 185 177 173 178 180 180 195 189 187
Avg. Sq. Ft. Price 113 113 110 107 105 103 104 102 102 104 104 105 110 108 107
Sold/List Diff. % 97 97 97 96 97 96 96 96 96 96 97 97 97 97 97
Days on Market 89 94 91 96 102 106 113 117 118 116 107 108 108 97 102
Median Price 165 155 151 149 142 143 144 142 143 148 149 153 158 156 155

More graphs related to the table above:

Average Price Per Square Foot 

Price per square foot was $110 at the end of August 2006 and was $107 at the end of last month.  The bars on the graph above correspond to the fourth row from the bottom on the table, 'Avg. Sq. Ft. Price.'Central Ohio average prices list and sale

Central Ohio Market Report - average days on market and % to list price 

The bars in the last graph relates to the second row from the bottom on the table,  'Days on Market'.  The line relates to the third row from the bottom on the table, 'Sold/List Diff. %'

For more detailed information by county please visit ColumbusBestBlog.com

Franklin County Market Report through August 2007

Delaware County Market Report through August 2007

ColumbusBestBlog.com Market Reports

Your Homes Value -  request a market analysis on your Central Ohio home

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The graphs and table of Central Ohio real estate sales and inventory are from Trendgraphix. Real Living is Central Ohio's only subscriber to TrendGraphix.  The data is from the Columbus Board of REALTORS® MLS. The Columbus Board of REALTORS® covers more counties.  I don't.  I work primarily in the northern half of Franklin County and the southern half of Delaware County.

 

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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

Search Columbus mls

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.

 


 

Comment balloon 6 commentsMaureen McCabe • September 12 2007 02:16AM

Comments

Maureen the graphics are fantastic, you  can just take a quick look. Since RealLiving is the only one that subscribes to trendgraphics, must be expensive. I'm going to go check it out. I liked this market presentation alot.
Posted by Missy Caulk, Savvy Realtor - Ann Arbor Real Estate (Missy Caulk TEAM) about 10 years ago
I don't think it says how much on their site.  Only one broker in a market can use them.  I usually only use the green bar graph.  I think they should be more color cooridintated personallly
Posted by Maureen McCabe, Columbus Ohio Real Estate (HER Realtors) about 10 years ago

Maureen

I am happy that I have found a fellow numbers geek, one of the reasons I am in this market is due to you can use Gaussian type bell curve indicators to judge the  market. Most markets you need fractal based indicators, Central Ohio Is  Bell Curve all the way

 

how far back can you go in numbers, I would love to see a 30 year average. Its worth a nice lunch!!

 

Posted by Jeff Tumbarello (Steelbridge Realty LLC) about 10 years ago
I just like the pretty colors.  Trendgraphix only can create charts back to December 2002 which may or many not correspond to the date MLS goes back to.  MLS has always only gone back x number of years.  There's some data by year available from the CBR site.
Posted by Maureen McCabe, Columbus Ohio Real Estate (HER Realtors) about 10 years ago

thanks

thats where i have been getting my sales data

 

just hired a cllege kid to get this stuff togther for me

Posted by Jeff Tumbarello (Steelbridge Realty LLC) about 10 years ago
hopefully you will check into the ezine link i sent you a good place to learn
Posted by Jeff Tumbarello (Steelbridge Realty LLC) about 10 years ago

Participate