Home Sales UP AGAIN!

October 2012 Home Sales Rise by 24.8% compared to October of 2011

Yesterday new numbers came out for the month of October and they continued to show an improving housing market in the Central Ohio area.  This up tick in sales, prices (both average and median) in conjunction with a significant decrease in the number of homes available for sale has led to a much lower supply compared to October of 2012.

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 Click Here to Search All Available Homes in Columbus Ohio/Central Ohio Area

Central Ohio Market Wide Home Sales:

Closed Sales were UP 24.8%

Average Sales Price was UP 10%        ($163,764)

Median Sales Price was UP 10.8%      ($133,000)

Days on Market were DOWN 16.5%   (84 down from 101 Days on Market)

Months of Inventory 6 months — Perfectly Balanced Buyers/Sellers Market

 

Here’s a Look at Some Specific Areas and Market Changes there:

Worthington School District: 

Closed Sales were UP 51.9%

Average Sales Price was UP 4%        ($206,045)

Median Sales Price was UP 1.8%      ($195,000)

Days on Market were DOWN 8.8%   (65 down from 71 Days on Market)

Months of Inventory DOWN 46.2%   (3.8 down from 7.1 months in Oct 2011)

 

Westerville School District: 

Closed Sales were UP 34.5%

Average Sales Price DOWN 0.4%     ($176,370)

Median Sales Price DOWN 0.2%      ($148,000)

Days on Market were DOWN 28.7%   (69 down from 96 Days on Market)

Months of Inventory DOWN 38.9%   (4.4 down from 7.2 months in Oct 2011)

 

Olentangy School District (Powell and Lewis Center)

Closed Sales were UP 58.9%

Average Sales Price DOWN 15.4%     ($275,138)

Median Sales Price DOWN 11.8%      (254,000)

Days on Market were DOWN 27.2%   (79 down from 109 Days on Market)

Months of Inventory DOWN 52%   (4.5 down from 9.5 months in Oct 2011)

 

Dublin Schools

Closed Sales were UP 47.4%

Average Sales Price was UP 7.6%        ($277,702)

Median Sales Price was UP 10.1%      ($247,625)

Days on Market were DOWN 22.7%   (89 down from 115 Days on Market)

Months of Inventory DOWN 50.5%   (4.5 down from 9.0 months in Oct 2011)

 

View Additional Cities and School Districts 

 

Thank You … To All the Veterans!

I’ve been thinking all weekend about the veterans and the sacrifices that they make. I think as a society it is easy to take how we all live on a daily basis for granted. Then suddenly we are jolted out of that bliss when you feel the sadness of someone that you know getting deployed, the joy of a deployed soldier coming home or the horror of consoling the family of a lost soldier.

Recently I have experienced a couple situations that hit home about the importance of the sacrifice that veterans give every day of every year. My buddy who serves in the Air Force just recently got married and it highlighted the sacrifices of living very far from both his wife and his family, not by choice, but because of his service. We had a new neighbor move onto our street last year in the fall of 2011 and I met the husband/father of the family just last week. This was due to him being deployed to Afghanistan for a year and leaving his wife with a house in disarray that needed updated, she was here with two children to head up the remodeling effort and run the family in his absence. These may seem small in words on a page but take enormous tolls on our soldiers and their families that they leave behind and must be recognized.

Luckily I have not personally had to experience the horror aspect that we all know is an unfortunate truth. That being said, every serviceman and woman has to face that chance from the day they sign on the dotted line until the day they are discharged, some for the remainder of their life. This article is the least that I can do to say THANK YOU to all of you that serve today, have served in the past and will serve in the future. You have all given much more to our country than any of us can imagine and there is no way we can ever repay you the way you deserve. I want you to know that I will do all I can to ensure we as Americans DO all we can to say thank you every day of our lives.

Thank you again!

Lakes of Polaris Style Condos Going to be Built at Kinsale – Powell, Ohio

During the closing for a clients condo this week  in Traditions at Rocky Fork, I found out that Village Communities is going to be building the same style of condos that sold very well at Lakes of Polaris in their Kinsale community (Near Powell, Ohio) at substantially less that what they cost in the Polaris community.  Give us a call for more details and we can get you updated pricing!

To Search All Condos in the Columbus Area visit our Condo Search Page

Or

Powell, Ohio Condo Search: Powell, Ohio Condo Search

Welcome to the NEW Website !

Welcome to the new website (or welcome back if you are a return visitor).  We wanted to take a quick moment to thank you for your frequent traffic and we are very proud of our new website design.  We look forward to adding a lot of new content and we hope that you enjoy some of our new features like our blog, updated featured listings and better easier to follow navigation.  We look forward to seeing you often!