Columbus Ohio real estate

Franklin County Market Report - December 2006

 

December 2006 Franklin County sales and inventory

Inventory dropped in Franklin County in December 2006. As usual some people took their home off the market over the holidays, but there is still more inventory than a year earlier.  Franklin County sales were down overall in December from November 2006 and from December sales of a year earlier, but not as much as in some Central Ohio counties.  The Franklin County properties represented in the graph and the table above are all single family, townhouse and condominium listings and sales in Franklin County.   The average days on market was 18 days longer in December 2006 than a year earlier and up five days from November.

Average sold price is up slightly from December 2005 to December 2006 for residential properties (single family, condominiums and townhouses. )

Franklin County

Community Information for Franklin County communities including Columbus, Dublin, Gahanna, Worthington, Hilliard,  Riverlea  Westerville and Worthington. 

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Date 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 12/06
For Sale 9848 9421 8196 8840 9358 10189 10698 11500 11747 12147 12324 11952 11732 11075 9606
Sold 1411 1150 1074 828 942 1389 1349 1584 1785 1413 1704 1333 1215 1085 997
Pended 1342 1091 914 998 1236 1467 1550 1680 1640 1511 1560 1254 1190 1068 834
Months of Inventory based on Closed Sales 7.0 8.2 7.6 10.7 9.9 7.3 7.9 7.3 6.6 8.6 7.2 9.0 9.7 10.2 9.6
Months of Inventory based on Pended Sales 7.3 8.6 9.0 8.9 7.6 6.9 6.9 6.8 7.2 8.0 7.9 9.5 9.9 10.4 11.5
Avg. Active Price 199 197 196 196 198 199 204 204 202 200 198 198 196 190 188
Avg. Sld Price 170 168 164 167 157 159 174 172 184 177 173 165 165 161 168
Avg. Sq. Ft. Price 105 104 101 101 100 101 106 107 110 109 106 102 102 99 101
Sold/List Diff. % 97 97 97 97 97 98 97 97 97 97 97 97 97 97 97
Days on Market 84 82 90 103 101 102 96 92 87 91 89 93 99 103 108
Median Price 142 140 139 137 136 136 145 145 154 144 142 139 135 135 135

 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*

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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 0 commentsMaureen McCabe • January 15 2007 03:22PM

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