Franklin County homes for sale - It's a buyer's market

By
Real Estate Agent with HER Realtors

October

Consumers:  Please Visit Discover Columbus for CURRENT Central Ohio Real Estate Market Reports - this is old news but for some reason there are still a lot of people visiting.  Although ActiveRain / Localism has a category for market reports a local ActiveRain member was highly opposed to my sharing this information.

Franklin County homes for sale  - It's a buyer's market

The stats and graphs above are for Franklin County, the City Of Columbus and Columbus' Franklin County suburbs including Dublin, Worthington, Riverlea, Westerville, Minerva Park,  New Albany, Gahanna, Bexley, Reynoldsburg, Whitehall, Hilliard, Grove City and more.  

This is the 6th safest housing market in the US according to the PMI Institute.  It's a buyers market, lots of inventory.  Rates are great! 

It's a great time to buy.... Franklin County homes for sale  - It's a buyer's market

 

Date 8/05 9/05 10/05 11/05 12/05 1/06 2/06 3/06 4/06 5/06 6/06 7/06 8/06 9/06 10/06
For Sale 9862 9924 9848 9421 8196 8840 9358 10189 10698 11500 11747 12147 12324 11952 11732
Sold 1790 1515 1411 1150 1074 828 942 1389 1349 1584 1785 1413 1704 1316 1157
Pended 1713 1461 1342 1091 914 998 1236 1467 1550 1680 1640 1511 1560 1227 1022
Mo. Inv.   Clsd Sls 5.5 6.6 7.0 8.2 7.6 10.7 9.9 7.3 7.9 7.3 6.6 8.6 7.2 9.1 10.1
Mo.  Inv.  Pndd Sls 5.8 6.8 7.3 8.6 9.0 8.9 7.6 6.9 6.9 6.8 7.2 8.0 7.9 9.7 11.5
Avg. Active Price 201 200 199 197 196 196 198 199 204 204 202 200 198 198 196
Avg. Sld Price 176 170 170 168 164 167 157 159 174 172 184 177 173 164 165
Avg. Sq. Ft. Price 107 104 105 104 101 101 100 101 106 107 110 109 106 101 102
Sold/List Diff. % 98 98 97 97 97 97 97 98 97 97 97 97 97 97 97
Days on Market 76 77 84 82 90 103 101 102 96 92 87 91 89 92 99
Median Price 149 145 142 140 139 137 136 136 145 145 154 144 142 139 134

Franklin County homes for sale  -  table

Mo. of Inv. based on Clsd Sls = Months of Inventory based on Closed Sales

Mo. of Inv. bsd on Pended Sls = Months of Inventory based on Pended Sales (in contract, not yet closed)

Graphics and table are from Trendgraphix.  Data is Columbus Board of REALTORS® MLS.

Maureen McCabe HER Real Living Worthington 

 

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Contact Maureen McCabe of HER Realtors* - 614.388.8249

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Information is deemed to be accurate but should be verified to your satisfaction.  Information provided herein is supplied by several sources and is subject to change without notice.  Opinions expressed are solely those of Maureen McCabe.

 


 

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