Central Ohio Market Report - December 2006

By
Real Estate Agent with HER Realtors

December 2006 Sales and Inventory Central Ohio

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. 

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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."

 

Date 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 12/06
For Sale 16511 15862 13915 15074 15835 17147 18106 19307 19675 20219 20354 19724 19425 18375 15909
Sold 2157 1836 1739 1282 1526 2272 2121 2515 2829 2219 2671 2114 1954 1723 1531
Pended 2124 1750 1446 1564 2000 2393 2411 2639 2556 2370 2452 2006 1926 1688 1291
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
Median Price 149 148 148 144 143 144 150 151 160 152 150 145 139 141 142

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

 

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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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*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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