Columbus Ohio real estate

Columbus Board of REALTORS MLS Home Prices: May 2012

the Columbus Board of REALTORS mls (multiple listing service) home prices brought to you by Maureen McCabe

Columbus Board of REALTORS mls home prices

I am using the Columbus Board of REALTORS as a geographical area, here.  The graph is the average price of single family resale properties in the entire part of the middle of the state of Ohio that is in the Columbus  Board of REALTORS mls.  

The graph shows the average prices for all single family resale homes in the Columbus Board of REALTORS mls for the past 15 months. The average for sale price of a single family resale home in the Columbus Board of REALTORS mls (the green line in the graph) is pretty steady over the past 15 months.  The red line which represents the average sale price of a single family resale home in the Columbus Board of REALTORS mls is creeping up.  That is normal in the spring.  The average sale prices in March, April and May 2012 are up 9.3% from 2011 sale prices for the same time.

The Columbus Board of REALTORS mls will announce the official news about May 2012 home sales later in the month. 

The area served by the Columbus Board of REALTORS mls is huge. What is the area of the Columbus mls?  "The Columbus Board of REALTORS® Multiple Listing Service (MLS) serves all of Franklin, Delaware, Fayette, Licking, Madison, Morrow, Pickaway and Union Counties and parts of Athens, Champaign, Clark, Clinton, Fairfield, Hocking, Knox, Logan, Marion, Muskingum, Perry and Ross Counties."  Personally I focus on northern Franklin County and southern Delaware County.

Delaware County, Ohio home prices - May 2012 average sale price $272,000

Franklin County, Ohio home prices - May 2012 average sale price $164,000

Columbus Board of REALTORS mls home prices a market report for May 2012

  • Average for sale price - $209,000
  • Average sold price -  $170,000


May 2012 single family resale home sale is the Columbus Board of REALTORS mls were up 14.4% from May 2011 and up 11.9% from April 2011. The market is improving.  The number of single family resale homes was down 24.2% in May 2012 from a year ago. The number of months of inventory based on the rate of sale continues to improve (go down.)

The average for sale price of a single family resale home in the Columbus Board of REALTORS mls (the green line in the graph is pretty steady over the past 15 months. The average sale price is only down 0.9% from the average sale price of a single family resale home in the Columbus Board of REALTORS in May 2011. The average sale price of a single family resale home in the Columbus Board of REALTORS mls in May 2012 was up 8.3% from May 2011.  That average sale price was up 0.6% from April 2012.

Search homes for sale in the Columbus Board of REALTORS mls on my site. 

Columbus Board of REALTORS MLS Home  Prices: May 2012  was published June 2012 based on data available from the Columbus Board of REALTORS® at the end of May 2012.  Trendgraphix reports are based on data supplied by the Columbus Board of Realtors. According to Trendgraphix neither CBR nor the mls (multiple listing service) guarantee or are in anyway responsible for the accuracy of the data. It says: "Information deemed reliable but not guaranteed." Since I am relying on the info from the CBR mls and Trendgraphix, there is no guarantee  from me either.



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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 4 commentsMaureen McCabe • June 11 2012 03:47AM

Comments

Creeping up is good. Love to markets that are actually improving.

Posted by Bobbie Smith, 570-242-1891 over 7 years ago

We are seasonal.  Prices go up in the spring.  It is good to see the year over year up.  Thanks. 

 

Posted by Maureen McCabe, Columbus Ohio Real Estate (HER Realtors) over 7 years ago

Hello Maureen -- nothing wrong with a slow and steady increase --- here's to more good news!

Posted by Michael Jacobs, Los Angeles Pasadena 818.516.4393 over 7 years ago

We used to pride ourselves on slow and steady and believe because it was slow and steady we would not lose value?  That those in other markets who were not increasing slow and steady like us got bubbles...  that popped. 

Posted by Maureen McCabe, Columbus Ohio Real Estate (HER Realtors) over 7 years ago

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