Franklin County, Ohio Homes for Sale - October 2011

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Real Estate Agent with HER Realtors

Franklin County, Ohio homes for sale brought to you by Maureen McCabe of Real Living HER

Franklin County, Ohio homes for sale

This graph shows the inventory ( the supply of homes for sale in Franklin County for the past 15 months) through October 2011.  In my opinion this graph looks like the market is improving.  Of course you have to look at a lot more than inventory.  Six months of inventory is a balanced market, not a seller's market, not a buyer's market.  7.7 months for the county is not bad. 

Franklin County, Ohio homes for sale a market report for October 2011

Homes for sale - 5848

Homes sold - 759

Months of inventory (Franklin County, Ohio homes for sale) based on October 2011 home sales - 7.7

Months of homes for sale (inventory) for the  county is down 20.2% from October 2010.  The number of homes for sale is down 15.4% from a year ago . October home sales in Franklin County were up 6% from October 2010.

Home sales in the entire Columbus Board of Realtors mls (multiple listing service) were up 8.6% in October 2011,   Columbus Board of REALTORS Home Sales Up - October 2011


Franklin County, Ohio homes for sale by school district*: 

Columbus homes for sale -8.3 months

Dublin homes for sale - 10.1 months**

Hilliard homes for sale - 8.5 months

Westerville homes for sale - 6.6 months**

Worthington homes for sale - 6 months

Franklin County, Ohio homes for sale by municipality:

Above are all for a school district, what about the actual suburbs?   The municipalities of  Columbus, Dublin, Hilliard, Westerville and Worthington?  The only municipality in Franklin County I sometimes publish is on Worthington Ohio real estate, the October 2011 results:

  City of Worthington homes for sale - 3.6 months

Columbus -7.7 months
Dublin - 10.3 months
Hilliard - 9.3 months
Westerville - 6.0 months

Other important (to me) Franklin County municipalities:

Gahanna - 5.6 months
Grandview Heights - 6.3 months
New Albany - 9.2 months
Upper Arlington - 6.8 months

"Months" is months of inventory for sale based on October 2011 sales.

Franklin County, Ohio  

Columbus Win-Win

Worthington Schools are NOT included

Columbus Schools: New Albany Area, New Columbus School?

MLS: "Worthington Schools - Columbus Taxes" What Does That Mean?

Franklin County, Ohio Homes by Zip Code

Franklin County, Ohio Homes for Sale - October 2011  was published November 2011 based on data available from the Columbus Board of REALTORS® at the end of October 2011.  Trendgraphix reports are based on data supplied by the Columbus Board of Realtors. According to Trendgraphix neither CBR nor the mls (multiple listing service) guarantee or are in anyway responsible for the accuracy of the data. "Information deemed reliable but not guaranteed." Since I'm relying on their info you have no guarantee from me either. Sometimes small corrections in the data are visible in the graphs or numbers the following month. 

* Selected school districts based on the market I serve. 

** Parts of the Westerville City School District are in Delaware County also, but the Westerville market report is for the entire school district.  Parts of the Dublin City School District are in Delaware and Union Counties, the market report is for the whole Dublin school district.

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This post provided by Maureen McCabe HER Realtors*

Contact Maureen McCabe of HER Realtors* - 614.388.8249

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*Real Living HER

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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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Maureen

A well done, easy to ready and understand market report. We are siminlar general trends in our county as you shared here. THe recent NAR report, as I expect you know, found home sales up in Q3 2011 over Q3 2010 in every state. A bit of good news.

Jeff

Nov 30, 2011 12:05 PM #1
Rainmaker
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Maureen McCabe
HER Realtors - Columbus, OH
Columbus Ohio Real Estate

Thanks

Nov 30, 2011 11:19 PM #2
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Maureen McCabe

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