Upper Arlington homes for sale brought to you by Maureen McCabe Real Living HER
The graph shows inventory of single family homes in the Upper Arlington School District for the past 15 months. The 6.5 months at the end of October 2009 is comparable to the Columbus MLS as a whole, balanced.
The news Monday from the Columbus Board of REALTORS® Columbus home sales highest since... said:
"The month’s supply has dropped 30 percent from last year. Last year at this time, the months supply was 9.82 meaning that if no new homes were added to the market, it would take almost ten months to sell all remaining inventory. Today, that number is down to 6.86. A market is typically considered balanced with around a 6.5 to 7 months supply."
CBR (Columbus Board of REALTORS®) compares the October 2009 home sales for the MLS as a whole to October 2006.
Upper Arlington homes for sale - a market report
homes for sale - 214
homes sold in October 2009 -33
months of inventory based on sales - 6.5%
homes for sale than a year ago - 21.3% less
months of inventory (based on closed Sales) in comparison to October 2008 - 40.4% less
Average active price $531,000
Average sale price $362,000
Upper Arlington homes for sale - neighborhoods
Areas like Brandon Heights, Canerbury, Concord Village, Fairfax, Kenbrook, River Ridge, "South of Lane", Wellington Woods and others
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Upper Arlington home sales - October 2009
home sales in October 2009 vs. October 2008 - Sales up 32%
Average sale price $362,000
Median price $271,000
Published November 2009, based on data available from the Columbus Board of REALTORS® at the end of October 2009. TrendGraphix reports presented are based on data supplied by the Columbus Board of Realtors. According to Trendgraphix neither CBR nor their MLS (multiple listing service ) guarantee or are in anyway responsible for its accuracy. "Information deemed reliable but not guaranteed." Only Real Living HER agents are authorized to use Trendgraphix in Central Ohio.
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