Powell Ohio Market Report

By
Real Estate Agent with HER Realtors

Powell Ohio Market Report

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 views.  Although ActiveRain / Localism has a category for market reports a local ActiveRain member was highly opposed to my sharing this information.

These are the single family, townhouse and condominiums for sale and sold in the City of Powell (Powell Corporation.) Powell is a suburb of Coumbus Ohio. The report shows market demand by comparing current inventory to number of homes sold in a 15-month period. 

It is a great time to buy a home in Powell, lots of inventory although some sellers have taken their homes off the market for the holidays (sadly, they did not sell.) Inventory is down from October. Inventory will go back up after the holidays, it always does.   

Date 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 11/06
For Sale 174 187 169 152 184 178 204 218 221 210 210 199 202 201 189
Sold 23 20 17 21 8 11 20 21 25 31 33 33 13 14 10
Pended 24 18 20 14 12 14 23 19 30 31 27 22 12 16 8
Months of Inventory based on Closed Sales 7.6 9.4 9.9 7.2 23.0 16.2 10.2 10.4 8.8 6.8 6.4 6.0 15.5 14.4 18.9
Months of Inventory based on Pended Sales 7.3 10.4 8.5 10.9 15.3 12.7 8.9 11.5 7.4 6.8 7.8 9.0 16.8 12.6 23.6
Avg. Active Price 401 376 376 377 368 370 372 369 368 358 359 363 359 371 364
Avg. Sld Price 274 415 307 296 307 348 352 326 339 344 351 339 346 305 319
Avg. Sq. Ft. Price 118 135 122 116 103 129 126 121 127 126 123 127 131 118 124
Sold/List Diff. % 101 96 98 99 98 97 100 98 96 100 97 98 97 95 97
Days on Market 101 117 72 89 83 149 147 103 92 94 117 84 127 101 103
Median Price 260 402 291 277 280 355 353 306 330 280 327 309 328 288

325

Graphics and table are from Trendgraphix.  The data is from the Columbus Board of REALTORS® MLS.

Compliments of

 Maureen McCabe Real Living HER Worthington

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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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Rainmaker
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Columbus Ohio Real Estate

closing comments on this old market report because of spam.  Real people join me on the current info on Powell real estate.  Bots stay here. Thank you!

Nov 04, 2011 04:13 AM #1
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