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HUD Listing Statistics for the week of August 28, 2009 - only 12 NEW Listings and 12 RE-LISTS!

By
Real Estate Broker/Owner with RE/MAX 24/7

HUD Homes Supply Dwindles to 43 Listings

The number of HUD Listings is spiraling down to an all time low. Never since we started tracking HUD statistics did we see only 43 Columbus houses for sale in Central Ohio.
 
The more expensive, suburban Columbus HUD homes are selling extremely well. Look at the statistics below and you will see a huge drop in the median asking price to $55,000, from $73,700 a week ago. What's more, only 7 HUD homes have a price tag above $100,000.
 
Call me immediately, if you want to see one of the suburban HUD homes. There'll be lots of competition this week before NHMSI adds new listings in the weeks to come.

Listing Statistics

Total homes available: 43 (last week: 59)

Owner occupants: 31
All bidders: 12
New listings: 12
Sunday deadline: 7
Relisted/Price reduced: 12
 
Median Price: $55,000 (last week: $73,700)
Average Price: $67,742 (last week: $73,717)
Highest: $187,000
Lowest: $14,000
 
Homes less than $50,001: 20 (last week: 21)
Between $50,001 & $100,000: 16 (last week: 25)
More than $100,000: 7 (last week: 13)
 
Call me TODAY at 975-9650 to see the newest HUD Homes this weekend! 

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Thanks for reading our Columbus HUD Homes Blog
Posted by: Susanne Novak, ABR, FIS, GRI 
Columbus Realtors specializing in
HUD Homes, Shortsales, Investment Real Estate
(614) 975-9650   http://ColumbusOhioHUDHomes.com

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