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