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.
There was less inventory on the market in Central Ohio over the holidays because homes taken off the market. That happens most years. December sales were down from November 2006 and a year earlier. This was not true in all Central Ohio markets. The properties represented in the graph and table are single family homes, town houses and condominiums.
Columbus Board of REALTOR® stats for Central Ohio "Columbus still a Buyer's Market" as of 12-21.
Accordng to the boards website: "The Columbus Board of REALTORS® Multiple Listing Service (MLS) serves all of Franklin, Delaware, Fayette, Madison, Morrow and Union Counties and parts of Champagne, Clark, Licking, Fairfield, Knox, Logan, Marion and Pickaway Counties."
|Months of Inventory based on Closed Sales||7.7||8.6||8.0||11.8||10.4||7.5||8.5||7.7||7.0||9.1||7.6||9.3||9.9||10.7||10.4|
|Months of Inventory based on Pended Sales||7.8||9.1||9.6||9.6||7.9||7.2||7.5||7.3||7.7||8.5||8.3||9.8||10.1||10.9||12.3|
|Avg. Active Price||219||218||216||218||220||221||224||224||223||222||220||221||219||215||212|
|Avg. Sld Price||179||177||177||177||165||169||180||180||195||189||183||177||170||171||174|
|Avg. Sq. Ft. Price||104||102||101||101||98||100||104||105||108||107||104||103||100||99||98|
|Sold/List Diff. %||97||97||97||97||97||97||97||97||97||97||97||96||97||97||96|
|Days on Market||87||86||93||105||104||105||99||96||91||96||94||95||101||106||113|
Graphics and table are from Trendgraphix. The data is Columbus Board of REALTORS® MLS.