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Columbus Ohio Real Estate TV / CMHRETV - Kevin Foster

A Peek at the Peak Columbus Real Estate and Housing JUNE 2009

JUN 2009 Columbus Ohio Real Estate and Housing Report

Take a peek at the peak. June is the peak month overall for Columbus real estate. Year after year June is the best performer in number of sold homes, highest list price, and highest sale price.

If you’re selling your Columbus home, list it prior to June for the best month outcome. Sorry Columbus home buyers, you’re overpaying when you buy during June. Yes, it may be the most convenient time, but you are paying for that convenience.

JUNE 2009 Columbus Housing
Note: 3+ week delay provides greater accuracy of the prior months housing market (i.e. sold homes)

HOME VALUE and APPRECIATION = Down $11,000
We’ve surpassed a loss in value year to date comparing JAN – JUL 2008 to 2009. We were down $10,000 during JAN – JUL 2007 to 2008. That means we’ve lost over $20,000 dollars in average value in the last two years. Prices were inflated, so it wasn’t a true value. We are correcting those over estimates.

SOLD = 2,100 homes
For being the peak month, June has the lowest number of sold homes in a decade. The $8,000 first time homebuyer credit has helped boost sales. It will not help as much as we need. We are at a saturation point with capable homebuyers.

ACTIVE LISTINGS = 15,000
We’re sitting with about 35% more Columbus area houses for sale than healthy. Our recovery will continue to be long and slow at this rate.

IN CONTRACT = 1,400 pending
Our absorption rate, that’s how long it takes to sell out of available homes, is actually rising. That means we are placing more homes for sale than capable of being ‘absorbed’ or sold. This continues our real estate challenge.

NEW LISTINGS = 3,800
Columbus has more than 150% new listings on the market than sold in June. Only about 1 out of every 10 Columbus area homes actually sell. More new listings means more competition to be the 1 sold.

SALE PRICE = $169,000
No surprise that June is bringing the highest average sale price for any month this year. It’s all downhill from here. It’s very predictable. It happens every year.

DAYS ON MARKET = 100 days or just over 3 months
This number is right on track. It’s been 3 to 4 months for at least a decade. We will never understand why average range (non-luxury) homeowners are ok with being listing for nearly a year or more?!

If you want to win like the Buckeyes at selling your home, take hiring a Columbus REALTOR very seriously. Many are losing far more than could be earned, because they are “playing” this market.

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CMHRETV Contact

Kevin Foster
Home Central Realty
Columbus REALTOR
Columbus and central Ohio Real Estate

Call: 614-505-0385
Email: We get Columbus homes for sale ... SOLD!

Communication, Advertising, Negotiation with Kevin Foster - Home Central Realty - Columbus Ohio Real Estate TV

Copyrights © 2009 CMHRETV / Story of Home. Views expressed on this website are that of the author and not necessarily the views of Kevin Foster, Home Central Realty, any REALTOR® organization or any other agent affiliated with them. In some cases, views are not necessarily those of CMHRETV and Story of Home. CMHRETV is not responsible for the accuracy and content of third party information, comments and links to websites.
 
Information deemed reliable but not guaranteed. Information is subject to change without notice or further update to this post.
 

JULY 2009 Granville home and real estate market report



Granville Ohio real estate is rolling along like the Granville 4th of July parade down Broadway.

ACTIVE GRANVILLE HOMES FOR SALE:

There are currently 161 active homes for sale. The median list price is $337,000 with a price per sq. ft. of $128. The median number of days on the market (DOM) is 98 days or about 3 months. Granville houses for sale typically feature 4 bedrooms, 2 bathrooms & 2,750 sq. ft.

SOLD GRANVILLE HOMES:

5 homes have sold so far this month. This year, a total of 51 Granville homes have sold to date. The median list price for a sold home was $192,000 with a price per sq. ft. of $103. The median sale price for a sold home was $187,000 with a price per sq. ft. of $95. The median number of days on the market (DOM) is 82 days or about 3 months. Sold Granville homes featured 3 bedrooms, 2 bathrooms & 2,420 sq. ft.

IN CONTRACT:

There are 12 homes currently in contract. The median list price for a home in contract is $216,700 with a price per sq. ft. of $96. The median number of days on the market (DOM) is 162 days or about 5 months. In contract Granville homes typically feature 4 bedrooms, 2 bathrooms & 2,450 sq. ft.

NEW LISTINGS:

There are 16 new listings on the Granville real estate market so far this month. Are you the next new listing? List and sell your Granville home with Kevin Foster – the quality you deserve.


Kevin Foster Granville Realtor Home Central Realty

This market report does not represent the complete Granville real estate market. Information deemed reliable but is not guaranteed. Information is subject to change without notice or further update to this post.
Source: Columbus Board of Realtors MLS

Copyrights © 2009 CMHRETV. Views expressed on this website are that of the author and not necessarily the views of Kevin Foster, Home Central Realty, any REALTOR® organization or any other agent affiliated with them. In some cases, views are not necessarily those of CMHRETV and Axihome. CMHRETV is not responsible for the accuracy and content of third party information, comments and links to websites.

Information deemed reliable but not guaranteed. Information is subject to change without notice or further update to this post.

Columbus Day Trip celebrating the 4th of July in Granville Ohio

Granville Ohio 4th of July Parade 2009

Original post on Story of Home: Granville Ohio 4th of July Parade 2009

My first visit to the Village of Granville Ohio was quite a surprise. A friend and I received an invite to visit Granville for their 4th of July parade a week ago. Little did I know when I arrived how amazing the day would be. I never expected the masses of people, rides, unique architecture and Americana charm of the area.

Granville Ohio 4th of July 2009 This go around … we’re talking 4th of July Parade.

Granville Ohio 4th of July Parade 2009

Granville Ohio 4th of July Parade 2009

Granville Ohio 4th of July Parade 2009
I honestly thought it would be a small parade and average crowd in Granville. I was wrong. I learned a lot this day.

Granville Ohio 4th of July Parade 2009

Granville Ohio 4th of July Parade 2009
The Granville High School Marching Blue Aces - Granville High Marching Band ... these guys and gals really know how to dance! They were great.

Granville Ohio 4th of July Parade 2009

Granville Ohio 4th of July Parade 2009

Granville Ohio 4th of July Parade 2009

Granville Ohio 4th of July Parade 2009
Notice the kids - yes, two ... one is hiding behind the other - standing in front RIGHT UNDER the "BOOM" ... crowd pleaser!

Granville Ohio 4th of July parade

Granville Ohio 4th of July Parade 2009

Granville is the kinda place where you get a sense of something other than commercial bottom lines. It has a sense of external self and history with an internal up-to-date lifestyle. The energy, time, and excitement during the 4th of July parade really showed how much the people of Granville love their area.

Another first for me during the day was a sampling of Velvet Ice Cream … very good stuff. I had plenty, so technically it was more than a sampling. When something is good, you just go with it. Velvet Ice Cream is really that good. No hype.

The Village of Granville has one aspect that makes any place special. Everything was walkable! I had to burn off some of that ice cream only to turn around and have more.

The Story of Home will certainly return to Granville Ohio again. There’s a lot to explore, and with the right people to experience it, it’s a blast.

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CMHRETV Contact
Kevin Foster
Home Central Realty
Columbus and central Ohio Real Estate / REALTOR

Call: 614-505-0385
Email: Our past accuracy is your future Columbus home selling success..

Communication, Advertising, Negotiation with Kevin Foster - Home Central Realty - Columbus Ohio Real Estate TV

Copyrights © 2009 CMHRETV. Views expressed on this website are that of the author and not necessarily the views of Kevin Foster, Home Central Realty, any REALTOR® organization or any other agent affiliated with them. In some cases, views are not necessarily those of CMHRETV and Axihome. CMHRETV is not responsible for the accuracy and content of third party information, comments and links to websites.
 
Information deemed reliable but not guaranteed. Information is subject to change without notice or further update to this post.
 

MAY 2009 market report for Columbus housing and real estate

MAY 2009 Columbus Real Estate market report

Note: 3+ week delay provides greater accuracy of the prior months housing market (i.e. sold homes)

Original post from Story of Home: MAY 2009 Columbus Real Estate & Housing Report
Let's take a look:
Columbus real estate SOLD: How many houses sold with a median home value and sale price of $159,763 in May 2009
Columbus real estate SOLD: Columbus median home value and sale price of $159,763 in May 2009

Columbus housing inventory: Columbus houses for sale now under contract to be sold in May 2009
Columbus housing inventory: Number of Columbus houses for sale now under contract to be sold in May 2009

Columbus realty listings: Number of newest homes for sale showing up in your Ohio home search May 2009
Columbus realty listings: Number of newest Columbus homes for sale showing up in your Ohio home search May 2009

Columbus home value during sales: Percentage of Columbus home list price vs. Columbus housing average sale price May 2009
Columbus home value: Percentage of Columbus home list price vs. Columbus housing average sale price May 2009

Columbus 10 year appreciation and Columbus average price home value May 2009
Columbus 10 year appreciation and Columbus average price home value May 2009
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CMHRETV Contact
Kevin Foster
Home Central Realty
Columbus and central Ohio Real Estate / REALTOR

Call: 614-505-0385
Email: Our past accuracy is your future Columbus home selling success..

Communication, Advertising, Negotiation with Kevin Foster - Home Central Realty - Columbus Ohio Real Estate TV

Copyrights © 2009 CMHRETV. Views expressed on this website are that of the author and not necessarily the views of Kevin Foster, Home Central Realty, any REALTOR® organization or any other agent affiliated with them. In some cases, views are not necessarily those of CMHRETV and Axihome. CMHRETV is not responsible for the accuracy and content of third party information, comments and links to websites.
 
Information deemed reliable but not guaranteed. Information is subject to change without notice or further update to this post.
 

How to sell your house on the MLS in Columbus

How to sell your house on the MLS in the Columbus

CMHRETV Video

YouTube VIDEO: Trying to sell your home in the Columbus real estate market MLS

Sincerely,

Dr. Real Estate, CMH
“I’m not a real doctor. I just play one on CMHRETV.”
Get Real in Columbus. Follow Dr. Real with Twitter

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CMHRETV Contact
Kevin Foster
Home Central Realty
Columbus and central Ohio Real Estate / REALTOR

Call: 614-505-0385
Email: Our past accuracy is your future Columbus home selling success..

Communication, Advertising, Negotiation with Kevin Foster - Home Central Realty - Columbus Ohio Real Estate TV

Copyrights © 2009 CMHRETV. Views expressed on this website are that of the author and not necessarily the views of Kevin Foster, Home Central Realty, any REALTOR® organization or any other agent affiliated with them. In some cases, views are not necessarily those of CMHRETV and Axihome. CMHRETV is not responsible for the accuracy and content of third party information, comments and links to websites.
 
Information deemed reliable but not guaranteed. Information is subject to change without notice or further update to this post.