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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.

Posted by Maureen McCabe Central OH Homes on 09/12/2007 02:16 AM

Comments (6)

Franklin County Real Estate Market in the Real Estate Market Channel

central ohio, columbus ohio, franklin county, delaware county, market report

Originally posted at: Columbus Ohio real estate : Central Ohio Market Report through August 2007

This post has been included in Ohio Information Franklin County, OH Information Columbus, OH Information

6 Comments on Central Ohio Market Report through August 2007

SEP

2007

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.

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

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!!

SEP

2007

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.

thanks

thats where i have been getting my sales data

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

hopefully you will check into the ezine link i sent you a good place to learn

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