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Delaware County Market Report through August 2007

by Maureen McCabe on September 12, 2007

market report though August 2007 Click on the graph that shows home sales and inventory  and it will open up.  The light green bars are inventory by month.  The dark green bars on the graph are the properties sold by month.  The red line is the number of homes that are “Pending” or under contract by month for Delaware County for the past 15 months.  These are single family and condominium homes.

It’s a buyers market in Delaware County with 9.9 months of inventory on the market. A year ago at the end of Autgust there was 8.9 months inventory of homes available in Delaware County.  Hopefully there were sales which were not reported and there is not more than 13 months  inventory available based on ”Pending” sales.   

Home sales in August were down slightly from a year ago.  Inventory is up by 64 properties compared to a year ago, but virtually unchanged from the end of July 2007. The average list price is only down $3 from this time last year and average sale price is $12 lower than at the end of August 2007.  Price per square foot is down $7.

Days on market is 7 days longer than it was at the end of August 2006.  

Median sale price is up $7.   

Pended 285 233 249 212 191 168 146 206 193 218 266 270 290 261 180
Months of Inventory based on Closed Sales 7.2 9.7 8.9 10.5 11.7 11.7 11.9 13.2 11.1 9.8 10.9 9.5 7.5 9.2 9.9
Months of Inventory based on Pended Sales 8.4 10.5 9.6 10.9 12.0 12.6 12.3 9.5 10.5 10.0 8.8 9.1 8.5 9.4 13.6
Avg. Active Price 373 373 376 375 374 375 369 372 376 373 372 377 370 374 373
Avg. Sld Price 302 326 299 309 267 281 308 285 298 275 302 277 297 285 287
Avg. Sq. Ft. Price 125 128 124 125 119 117 118 118 119 115 123 119 121 120 117
Sold/List Diff. % 98 97 97 95 96 95 96 96 96 97 97 97 97 97 96
Days on Market 100 111 106 115 124 124 141 139 134 137 109 124 118 115 113
Median Price 267 274 246 260 225 236 265 233 252 245 242 237 263 250 265

Community Profile  Franklin and Delaware County communities

Search for Homes - You  search all homes on Real Living HER’s site, these are not all Real Living HER listings.  These are all Real Real Living HER’s current listings plus many from other local real estate companies. 

Let Me Help You Find Your Dream Home
 

Your Homes Value -  request a market analysis on your Delaware County home

The graph and table of Delaware County real estate sales and inventory are from Trendgraphix.  Real Living is Central Ohio’s only subscriber to TrendGraphix.  The data is from the Columbus Board of REALTORS® MLS.  These statistics are single family and condominium properties only.

Copyright 2007  ColumbusBestBlog.com and Maureen McCabe

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