Worthington Area Market Report

By
Real Estate Agent with HER Realtors

There are areas of the City of Columbus which are in school districts other than the City of Columbus School district. Parts of northwest / north Columbus are in the Worthington School District.  For example some neighborhoods off Smoky Row Rd, the Hard Road area and off Flint and Park Roads are in the City of Columbus but the Worthington school district.    

The problem with the TrendGraphix Market Reports I create for my blogs is that they are only available for an MLS area.  The problem with our MLS areas are they've been around a long time and they really don't make a lot of sense. The good news is I believe we will be getting away from MLS areas because of what we can now do with mapping .   

Buyers don't come to REALTORS® and say "I want to buy a home in MLS area 21 or area 31."  Buyers say 'I want to be in the Worthington School District'  or 'I want to be in the Westerville area'   or 'I want to be in the Columbus School District.' Some buyers don't care at all what the school district is, but want to be in Northwest Columbus, or Northeast Columbus, the Clintonville Beechwold area or the campus area or a number of other areas. 

The school districts in the state of Ohio pre-existed much of the development of the City of Columbus.  There is an agreement called the "Win Win Agreement"  that allowed the city of Columbus to grow by annexing property in other school districts. However the Worthington School District is not part of the Win Win Agreement.  The City of Columbus and the Columbus School District had an agreement with the Worthington School District before the Win Win agreement was negotiated affecting areas in a number of suburban Central Ohio school districts. 

Forty properties sold in November that were in the Worthington school district and the City of Columbus or a township, either Sharon or Perry (not in the Worthington Corporation limit) according to the MLS.  A year earlier the (second table below) 44 homes sold during the month of November.

Remember these are single family homes, townhouses and condos lumped togther. 

 
Sold - 40 Properties Found Sold Worthington Area November 2006

Square Feet

Bedrooms Full Baths Half Baths DOM List Price Sale Price
Min 824
2
1
1
6
$ 79,500
$ 74,690
Avg 1727
3
1
1
79
$ 182,098
$ 176,464
Max 4793
6
3
2
189
$ 500,000
$ 435,000
Sold - 44 Properties Found Sold Worthington Area November 2005

Square Feet

Bedrooms Full Baths Half Baths DOM List Price Sale Price
Min 824
2
1
1
1
$ 75,000
$ 84,000
Avg 1761
3
1
1
68
$ 190,397
$ 185,596
Max 3688
5
3
2
203
$ 399,500
$ 388,500

Neighborhoods included in the November 2006 sales above include: Smokey Ridge Estates, Brookside Estates, Worthington Green, Geoffrey Estates, Smoky Mill, Worthington Hills, Olentangy Highlands, Western Hills, Christopher Woods, Woods at the Josephinum, Village at Worthington, Westworth Village, Worthington Village and Summerwood.  The condos represented in these statistics include: Wothington Woods, Worthington Park, The Farms, Woodbridge Village and Worthington Glen... again these neighborhoods are not in the Worthington Corporation they are in the City of Columbus or a township.  They are in the Worthington School District.

Just single family homes available now and the 29 sold in November 2006:  

More affordable pricing than within the City of Worthington but not as inexpensive as it looks when I bunch all the condominiums and townhouses in to make it comparable to the graphs on my blog.  A more true picture of life in a City of Columbus neighborhood in the Worthington School District.

Active - 170 Properties Found Worthington Area

Square Feet

Bedrooms Full Baths Half Baths DOM List Price Sale Price
Min 989
2
1
0
2
$ 123,000
$ 0
Avg 2198
3
2
1
108
$ 267,689
$ 0
Max 5860
5
4
2
490
$ 1,150,000
$ 0
Sold - 29 Properties Found Worthington Area November 2006

Square Feet

Bedrooms Full Baths Half Baths DOM List Price Sale Price
Min 1171
3
1
1
6
$ 124,500
$ 124,500
Avg 1975
3
1
1
78
$ 213,248
$ 206,439
Max 4793
6
3
2
186
$ 500,000
$ 435,000

The city of Worthington does have some affordable neighborhoods too and the difference in pricing is not as extreme as other areas of Central Ohio. 

Columbus areas 21 and 31    

The graph above is for two MLS areas that are in the City of Columbus and the Worthington School District.  Both MLS areas have some neighborhoods which are Worthington Schools but one also has neighborhoods  that are in the Columbus, and Dublin school districts.  The forty homes sold in the Worthington School District are among the 80 homes on the graph above.

Worthington (w/ in Worthington Corporation or the Village of Riverlea) November 2006 sales   Average sold price in the City of Worthington in November 2006 was $225,000 (remember this is single family, townhouses and condos lumped together. )

Schools - including the Dublin City School District

Communities - including the City of Columbus and the City of Dublin

Visit my website to search for homes

Contact me to find a home

Compliments of Maureen McCabe Real Living HER Worthington

 

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This post provided by Maureen McCabe HER Realtors*

Contact Maureen McCabe of HER Realtors* - 614.388.8249

HER Realtors  Maureen McCabe

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email: MaureenatMaureenMcCabe.com  at = @

*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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Rainmaker
340,152
Ann Cummings
RE/MAX Shoreline - NH and Maine - Portsmouth, NH
Portsmouth NH Real Estate Preferrable Agent

Maureen - thanks for including some area info in your marketing report.  I like readling a little about the areas that are included in the marketing reports that folks are doing, and I'd bet the public likes that, too. 

Ann

Dec 19, 2006 11:11 PM #1
Rainmaker
1,478,680
Maureen McCabe
HER Realtors - Columbus, OH
Columbus Ohio Real Estate

Ann: Thanks for the comment.  I don't care much about educating other Active Rainers, though.  This and all My Market Reports are posted for consumers and for SEO and it's working.   

Adding TrendGraphix reports to my Columbus Best Blog raised the category they are on by 3% in two months.  I can see the popularity of those Market Reports in Google Analytics!

 

 

Dec 19, 2006 11:33 PM #2
Rainer
463,606
Maureen Francis & Dmitry Koublitsky
Coldwell Banker Weir Manuel - Bloomfield Hills, MI
Coldwell Banker Weir Manuel
I just figured out how I can finally use some charts on my market reports.  That bad thing for me is that now I will have to start doing them again.
Dec 20, 2006 12:08 AM #3
Rainer
270,501
Teresa Boardman
Boardman Realty - Saint Paul, MN
I see some similarities between your market and ours in the twin cities.  the number of sales continues to go down but thankfully the number of new listings is also declining.  I see that your average price is a little lower than ours, have your pices gone up or down or have they remained flat?  Ours seem to be up by about 5% on average for the city but of course it varies by neighborhood.  The areas where prices shot up over the last couple of years did not see as much increase in value as the areas where the prices have gone up more slowly.
Dec 20, 2006 05:30 AM #4
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Rainmaker
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Maureen McCabe

Columbus Ohio Real Estate
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