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November 2011: Columbus Home Sales Up

by Maureen McCabe on December 21, 2011

The story from the Columbus Board of REALTORS is that sales were up for the fifth month in a row for the Columbus Board of REALTORS mls (multiple listing service.)  

The news release (email to members, I am one) is titled “Home sales remain elevated in central Ohio”  same thing as ”Columbus Home Sales are up!”  ?  CBR states :

“(Dec. 21, 2011) November marks the fifth consecutive month of increased home sales in central Ohio this year after the first half of the year struggled to keep up with increased sales from 2010 due to the home buyer tax credits. According to the Columbus Board of REALTORS®, 1,406 homes sold in November which is seven percent more than the  previous year.”

 

Graphs for the entire Columbus Board of REALTORS MLS.

They let members know before / at the same time as the media.  A move I appreciate.

Usually scrolling through the sidebar here on ColumbusBestBlog.com there are market reports for central Ohio school districts including Worthington, Columbus, Dublin, Olentangy and Westerville.  I added Hilliard schools in a couple of months ago too.  I sometimes do market reports for the Big Walnut and the Buckeye Valley school districts too.   And thenI usually do market reports for some zip codes, you know like the Clintonville area… 43202 and 43214 and the Polaris area 43240 and of course the West Worthington area (Columbus, Ohio 43235.)  I could still dump a full months reports.  I’ve done some just not polished or published.   

Anyway back to the word from the Columbus Board of REALTORS (CBR is the “Voice of  real estate” or something like that… ) sales are up. Or were up in November. 

Oh and central Ohio prices are down…  Quoting the Columbus Board of REALTORS: 

“Homes in central Ohio this year have sold for an average of $157,032, down 2.5 percent from the average sale price in 2010, but up over five percent from the average sale price in the first quarter of 2011.”

 

Inventory is down too.  Seriously in some areas.  That should make prices start creeping back up.  The reports I should be publishing on Discover Columubus Ohio, Worthington Old and News and Southern Delaware County Homes in December are about November 2011 home prices.   Now I really need to start publishing November market reports there. 

Where is the central Ohio CBR is referring to?

What area does this news refer to?  “all of Franklin, Delaware, Fayette, Licking, Madison, Morrow, Pickaway and Union Counties” and bits and pieces* “of Athens, Champaign, Clark, Clinton, Fairfield, Hocking, Knox, Logan, Marion, Muskingum, Perry and Ross Counties.” 

The  “bits and pieces*” is me,  the Columbus Board of REALTORS says “parts of.”  It is a big area…  much more than I cover personally.  I cover northern Franklin County and southern Delaware County. 

Here’s some info about areas within the mls area from the CBR, another .pdf  with links to individual .pdf for areas (not mls areas… real areas.)  I think the Columbus Board of REALTORS has this available on their public site, so I think it is OK for me to post here…  

Central Ohio November 2011 Home Sales by area

 

 

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{ 1 comment }

1 Paul Viau December 23, 2011 at 11:14 am

Great data! Your post lets the reader know exactly what is going on in Columbus at any given time. Blogs work! You must get a lot of business just because of it.

Have a super 2012!

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