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"As a first-time homebuyer, I was nervous about the entire process. Step by step, Joe made it easy and fun. His expertise in the Columbus real estate market is a tremendous asset. He is highly recommended!" - Nicolette Horan
"I wanted to say thank you again, so much, for all your hard work. I know that you really put a lot of time into this transaction and I really, really appreciate it. I'm so happy I got the house and it all worked out and I just wanted to say thanks again, you did a great job and i really appreciate it. I will put that on the survey when they send it to me.
If there is ever anything I can do for you, please don't hesitate to give me a call. I will refer every single person I know to you. I'm going to go get my dog and we're going to sit on the floor of our new house and have a glass of champaign. Thanks a lot Joe" -- Michael Mamp
German Village Homes 1st Qtr 2008 Sales Numbers
April 18th, 2008 categories: German Village, Market Updates
Including Schumacher Place, 22 German Village homes sold in the first quarter of 2008.
On the market anywhere from 1 to 552 days, these German Village homes averaged 1,866 square feet and $290,101 ($155/sq ft) while bringing in about 94.1% of the last list price. The average days on market was 113 days which is quite good and, frankly, a little surprising for German Village.
If you take out the 6 six condos that were included, the average sales price increases to $312,745 and while the average days on market doesn’t really change, the median days on market is shrunk to a mere 58 days. In a nutshell, the first quarter saw an interest in German Village area homes, but not for the higher ends. We’re still only talking about 22 properties in the Schumacher Place and German Village areas, but I bet that 2nd quarter sales are around twice that number.
The most expensive German Village area home to sell in the first quarter of 2008 was a 3500 sf Jackson Street (I know, Jackson St homes are usually small) three story brick with 4 beds and 3.5 baths that is updated quite nicely and has a cute yard and garage. It sold in February for $620,000.
Currently, there are 158 active listings in German Village and Schumacher Place at an average of $352,136 and 1,623 sf. That is an average of $216/sf for the active listings and more in tune with what we’ve come to expect for German Village Real Estate over the last few years.