The Columbus Public Art Project. This project is an attempt to find, photograph and map all of our Public Art. Email me with photos and locations you may have of sculptures, murals, even graffiti or just click here to see what we've got so far.


Why Columbus?








Click for Columbus, Ohio Forecast

German Village - Schumacher Place –Not so Quiet?

LazelleIs German Village / Schumacher Place dead? No, it’s still alive and well thank you. It dawned on me that unless you live there or follow the market, the panache of German Village may seem like it’s given way to the North. While running some comps for a would-be client today, I found that Since May First 56 homes have sold in German Village and Schumacher place.

I know it has been slow going for German Village of late, but the overall picture isn’t so bad. 18.6 homes on average every month the last 3 months— May, June and July. Three 1/2 months of market time on average (not including the previous realtor of course!) and average square feet prices in the $190s.

Granted, German Village isn’t a large area but if you This area is averaging 104 days on market and $191 sq ft so far this selling seasonconsider that there are approximately 180 active listings between Front Street and Parsons, Livingston and Nursery Lane (i.e. Approximately German Village and Schumacher Place combined) that’s means it’d take about 9 1/2 months to sell all the homes currently on the market. Of course that’s assuming nothing else came on the market and I’m not even including homes in contract.

The homes are still fantastic, the location is still phenomenal and the local walkable amenities can’t be beat. German Village will always remain a prized location in Columbus. I’ve had people ask me lately if German Village Residents are fleeing to the burbs to get more house for the money, been crazy about downtown condos and the arena district, moved south to Merion Village (which has fared about as well over this time) or do they just have their list prices too high compared to the rest of the market? The truth is, things aren’t all that different down here in the Village. (I hate when people call German Village “The Village”.

Leave a Reply

Copyright 2008 Columbus Real Estate News - Helping You Buy Homes and Sell Homes in Columbus, Ohio     Agent Login     Design by Real Estate Tomato     Powered by Tomato Blogs

Close
E-mail It