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The Columbus Board of REALTORS spoke… “prices inch up”

by Maureen McCabe on June 21, 2011

The Columbus Board of REALTORS, “the voice of real estate in Central Ohio” spoke today… about May 2011 home sales, today.  May 2011 homes sales results were released to members and the press.

 

homes for sale map

Columbus Ohio homes for sale

 

 

The Columbus Board of REALTORS, “the voice of real estate in Central Ohio”,  said of Central Ohio home prices:

“Home prices continue to inch up, with May’s average sale price up 2.6 percent over April. However, May’s average sale price of $158,191 was down 4.7 percent from the same period in 2010.”


A link to a public document on the site of the Columbus Board of REALTORS®, A RESEARCH TOOL PROVIDED BY THE COLUMBUS  BOARD OF REALTORS® BASED ON RESIDENTIAL LISTING DATA ONLY* has interesting graphs.

The entire Columbus Board of REALTORS® mls (multiple listing service) includes all of Franklin, Delaware, Fayette, Madison, Morrow, Pickaway and Union Counties, and parts of Champagne, Clark, Hocking, Licking, Fairfield, Knox, Logan, Marion, Muskingham, Perry and Ross Counties.  The Columbus Board of REALTORS mls chart on the pdf (link above) shows the following about Average Sales Price in May 2011 vs. a year ago:

“Average Sales Price  2010  $165,918

Average Sales Price  2011  $158,191

That is down  4.7% (-4.7%)

Columbus, Ohio real estate, single family home prices by school district for May 2011

Columbus schools Average Sales Price $95,000, down 17.4% from May 2010.

Dublin schools Average Sales Price $333,000, up 8.1% from May 2010

Olentangy schools Average Sales Price $296,000, down 17.3% from  May 2010

Westerville schools Average Sales Price $206,000, up 7.3% from May 2010

Worthington schools Average Sales Price $219,000, up 1.4% from May 2010

Columbus, Ohio real estate, single family home prices by County for May 2011

Delaware County home prices Average Sales Price $264,000, down 7.7% from May 2010.

Franklin County home prices Average Sales Price $154,000, down 9% from May 2010.

*Most market reports (Columbus, Dublin, Olentangy, Westerville and Worthington as well as for the two counties) on Discover Columbus Ohio are for single family homes… the CBR reports are all residential sales, mixing single family, multi family and condominiums together.   The Columbus Ohio real estate reports are on another site, but are  linked in the sidebar of ColumbusBestBlog.com

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