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Bexley Market Update

Monday, 05 March 2007
Here is the 911 on what has been happening in Bexley so far this year. . . .We’re talking all of Bexley here, North, Central and South– Jan 1 - February 28

  • 15? Sold Properties
  • Avg. Sales Price/Sq Foot = $149.89
  • Avg. Sq ft = 2,117
  • Average List Price=$338,686 and Average Sold Price = $317,326 (93.6%)
  • Longest market time was 196 S Ardmore Rd at 549 days ($252,000)
  • Shortest market time was? 2424 Plymouth at 8 days? ($225,000)

Compared with? 48 Active Listings (as of feb 29 remember) with an average of

  • $150.67/sq ft
  • $324,093 list price and
  • 121? days on the market

There is a dearth of homes on the market currently from about $350,000 - $600,000 or so.? Although two potentially nice ones came on the market today at 399 and 499 in Central Bexley.

Oddly enough, two million dollar plus homes in bexley have gone into contract over the last couple weeks.? One of them I never even saw as it took about eight days.

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