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Archive for the 'Market Updates' Category

German Village Homes 1st Qtr 2008 Sales Numbers

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 […]

Authored by Joe | Discussion: No Comments »

It’s a Great Time to Buy Columbus Area Real Estate!

Hopefully, you’ve seen the ads from the Columbus Board of Realtors in the Dispatch or around Columbus somewhere.  It’s the only ad campaign that I specifically remember them really going all out on. 
Aside from the whole inventory is up, interest rates are down discussion, Here are a few local reasons why Now is a […]

Authored by Joe | Discussion: 6 Comments »

Columbus Real Estate September Recap - Downtown Columbus Condos

Downtown Columbus, unlike many suburbs, doesn’t have the seasonal school year ups and downs in buying.  There isn’t as good a reason as there is in, say, Bexley for folks to buy their downtown Columbus condo and settle in just in time for the new school year.
Still, only FIVE homes were closed on in September […]

Authored by Joe | Discussion: 1 Comment »

What is up with the Columbus AreaHousing Market? July Solds

Franklin County, July 2007 Housing Market Update.  In greater Central Ohio, we had a mere 1,963 single family homes sell last month, 61%, or 1199, of those were in Franklin County.
From 652 square feet to 8051, they averaged

1,723 square feet,
had 3 bedrooms on average and
were on the market for about 88 days – […]

Authored by Joe | Discussion: 4 Comments »

June Market Snapshot - Franklin County

Active - 11451 Properties 

 
Square Feet
Days on Market
List Price
 

Min
316
1
$1
 

Avg
1695
109
$198,320
 

Max
17771
2118
$8,950,000
 

 
 
 
 
 

Contingent - 1124 Properties 

 
Square Feet
Days on Market
List Price
 

Min
562
1
$21,900
 

Avg
1714
91
$193,476
 

Max
7150
977
$1,595,000
 

 
 
 
 
 

CTG Escape - 67 Properties

 
Square Feet
Days on Market
List Price
 

Min
858
1
$32,000
 

Avg
1858
121
$220,836
 

Max
4570
492
$675,553
 

 
 
 
 
 

Under Contract - 1282 Properties 

 
Square Feet
Days on Market
List Price
 

Min
526
1
$7,500
 

Avg
1607
118
$168,345
 

Max
8691
1147
$2,195,000
 

 
 
 
 
 

Sold - 1474 Properties 

 
Square Feet
Days on Market
List Price
Sale Price

Min
515
1
$7,500
$6,000

Avg
1654
99
$183,934
$178,424

Max
7550
1189
$1,329,000 […]

Authored by Joe | Discussion: 1 Comment »

Clintonville Market Update — June so far

There’s been a lot of talk about how dead the market is all over town and, for the most part, things are relatively stagnant on many fronts. Things are a clickin’ in Clintonville though:
64 properties in contract contingent on something
averaging about $141.40/sq ft and 1492 sq ft, 82 days on market and $210,000

20 Properties […]

Authored by Joe | Discussion: 2 Comments »

Is the 2007 Columbus Real Estate Market Doomed?

Or is it primed to make a comeback?  Well, maybe somewhere in between lies the best guess.  The first and last thing to always remember when we’re talking about real estate is that IT’S ALL LOCAL.
Who cares if the sky is falling across the country. So what if USA Today, WSJ and the nightly news talk doom […]

Authored by Joe | Discussion: 3 Comments »

Buyers - How Many Home showings are Too Many?

Are 37 showings too many?  How about 45?  Is it unrealistic to think that buyers should find the right home after seeing a dozen homes?
There is no right answer since buyers, like snowflakes, are never the same. While I’m at it, you can’t step into the same market twice.  What the heck does that mean? 
Let’s […]

Authored by Joe | Discussion: 1 Comment »

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