Central Ohio Market Report through August 2007

The numbers on the graphs and the table below are for Franklin and Delaware Counties.  The properties represented are single family and condominium homes in the two counties for the past 15 months, through the end of August 2007.

The light green bars are homes for sale.  The dark green bars are sold properties.  The red line represents "pending" (under contract) sales. 

It is still a buyers market in Central Ohio with 8.5 months of inventory available at the end of August 2007.

Inventory is up sales are down.  Pirces are relatively stable.

Average list price at the end of August 2007 was $224,000 vs. $227,000 this time last year.
Average sale price at the end of August 2008 was $187,000 vs. $190,000 this time last year.

Median price is up from $151,000 in August 2006 to $155,000 at the end of August 2007.

Date	6/06	7/06	8/06	9/06	10/06	11/06	12/06	1/07	2/07	3/07	4/07	5/07	6/07	7/07	8/07
For Sale	14153	14590	14705	14268	14020	13196	11402	12110	12340	13287	14152	14653	15160	15253	15258
Sold	2118	1664	1973	1554	1410	1278	1210	1078	1166	1432	1543	1886	1990	1837	1800
Pended	1925	1744	1809	1466	1381	1250	1112	1314	1255	1620	1823	2047	1833	1875	1454
Months of Inventory based on Closed Sales	6.7	8.8	7.5	9.2	9.9	10.3	9.4	11.2	10.6	9.3	9.2	7.8	7.6	8.3	8.5
Months of Inventory based on Pended Sales	7.4	8.4	8.1	9.7	10.2	10.6	10.3	9.2	9.8	8.2	7.8	7.2	8.3	8.1	10.5
Avg. Active Price	231	229	227	227	225	220	216	218	221	222	226	229	226	225	224
Avg. Sld Price	202	200	190	185	179	178	185	177	173	178	180	180	195	189	187
Avg. Sq. Ft. Price	113	113	110	107	105	103	104	102	102	104	104	105	110	108	107
Sold/List Diff. %	97	97	97	96	97	96	96	96	96	96	97	97	97	97	97
Days on Market	89	94	91	96	102	106	113	117	118	116	107	108	108	97	102
Median Price	165	155	151	149	142	143	144	142	143	148	149	153	158	156	155

More graphs related to the table above:

Price per square foot was $110 at the end of August 2006 and was $107 at the end of last month.  The bars on the graph above correspond to the fourth row from the bottom on the table, 'Avg. Sq. Ft. Price.'

The bars in the last graph relates to the second row from the bottom on the table,  'Days on Market'.  The line relates to the third row from the bottom on the table, 'Sold/List Diff. %'

For more detailed information by county please visit ColumbusBestBlog.com

Franklin County Market Report through August 2007

Delaware County Market Report through August 2007

ColumbusBestBlog.com Market Reports

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The graphs and table of Central Ohio real estate sales and inventory are from Trendgraphix. Real Living is Central Ohio's only subscriber to TrendGraphix.  The data is from the Columbus Board of REALTORS® MLS. The Columbus Board of REALTORS® covers more counties.  I don't.  I work primarily in the northern half of Franklin County and the southern half of Delaware County.