Central Ohio home prices by school district brought to you by Maureen McCabe of Real Living HER
The official February 2010 sales results were released by the Columbus Board of REALTORS® Tuesday March 23,2010 I believe. The big news? Central Ohio home prices are up. The Columbus Board of REALTORS® use residential sales combined. My reports are for single family homes usually.
The press release from the Columbus Board of REALTORS® said:
Central Ohio saw a healthy 12 percent increase in the average price of a home sold in February 2010. The 1,106 homes transferred last month sold for an average of $149,498 which was 11.9 percent higher than the average sale price in February of 2009 and 2.4 percent higher than homes sold in January.
Central Ohio home prices by school district - February 2010 average sale prices and change from 1 year ago
Big Walnut schools average price $302,000 +20.8%
Buckeye Valley schools average price $227,000 -5.8%
Columbus schools avereage price $90,000 +32.4% *
Dublin schools average price $333,000 -1.8%
Gahanna schools average price $270,000 +41.4%
Grandview Heights average price $305,000 +41.9%
Hilliard schools average price $186,000 -7%
New Albany (Plain Local) schools
Olentangy schools average price $295,000 -7.2%
Upper Arlington schools average price $301,000 -0.3%
Westerville schools average price $209,000 + 3.5%
Worthington schools average price $244,000 +29.8%
Again the Central Ohio homes prices by school district are average sale price for single family homes. The Columbus* City School District is a huge and very diverse school district. One northside area, Clintonville average price $193,000 that is up 6.6% from February 2009. Note that is for the MLS (multiple listing service ) area that Clintonville area is in, there are other smaller, surrounding neighborhoods in that average. The point is the average sales price in Clintonville and surrounding neighborhoods is double the average sales price for the homes in the school district on a whole.
Gahanna home prices -5.6% from last month
Olentangy schools home prices -20.1% from last month
Sunday's Columbus Dispatch had an article about Central Ohio home values in 2009 as compared to 2005 and only two areas, Bexley and "Northwest " had increases. The "Northwest" neighborhood is south of Bethel Rd, west of Clintonville and east of Upper Arlington.
Are 2010 sale prices up because of the tax credit? There was a tax credit in 2009.... first time buyers,