Worthington Ohio real estate

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Worthington Area Market Report

There are areas of the City of Columbus which are in school districts other than the City of Columbus School district. Parts of northwest / north Columbus are in the Worthington School District.  For example some neighborhoods off Smoky Row Rd, the Hard Road area and off Flint and Park Roads are in the City of Columbus but the Worthington school district.    

The problem with the TrendGraphix Market Reports I create for my blogs is that they are only available for an MLS area.  The problem with our MLS areas are they've been around a long time and they really don't make a lot of sense. The good news is I believe we will be getting away from MLS areas because of what we can now do with mapping .   

Buyers don't come to REALTORS® and say "I want to buy a home in MLS area 21 or area 31."  Buyers say 'I want to be in the Worthington School District'  or 'I want to be in the Westerville area'   or 'I want to be in the Columbus School District.' Some buyers don't care at all what the school district is, but want to be in Northwest Columbus, or Northeast Columbus, the Clintonville Beechwold area or the campus area or a number of other areas. 

The school districts in the state of Ohio pre-existed much of the development of the City of Columbus.  There is an agreement called the "Win Win Agreement"  that allowed the city of Columbus to grow by annexing property in other school districts. However the Worthington School District is not part of the Win Win Agreement.  The City of Columbus and the Columbus School District had an agreement with the Worthington School District before the Win Win agreement was negotiated affecting areas in a number of suburban Central Ohio school districts. 

Forty properties sold in November that were in the Worthington school district and the City of Columbus or a township, either Sharon or Perry (not in the Worthington Corporation limit) according to the MLS.  A year earlier the (second table below) 44 homes sold during the month of November.

Remember these are single family homes, townhouses and condos lumped togther. 

 
Sold - 40 Properties Found Sold Worthington Area November 2006

Square Feet

Bedrooms Full Baths Half Baths DOM List Price Sale Price
Min 824
2
1
1
6
$ 79,500
$ 74,690
Avg 1727
3
1
1
79
$ 182,098
$ 176,464
Max 4793
6
3
2
189
$ 500,000
$ 435,000
Sold - 44 Properties Found Sold Worthington Area November 2005

Square Feet

Bedrooms Full Baths Half Baths DOM List Price Sale Price
Min 824
2
1
1
1
$ 75,000
$ 84,000
Avg 1761
3
1
1
68
$ 190,397
$ 185,596
Max 3688
5
3
2
203
$ 399,500
$ 388,500

Neighborhoods included in the November 2006 sales above include: Smokey Ridge Estates, Brookside Estates, Worthington Green, Geoffrey Estates, Smoky Mill, Worthington Hills, Olentangy Highlands, Western Hills, Christopher Woods, Woods at the Josephinum, Village at Worthington, Westworth Village, Worthington Village and Summerwood.  The condos represented in these statistics include: Wothington Woods, Worthington Park, The Farms, Woodbridge Village and Worthington Glen... again these neighborhoods are not in the Worthington Corporation they are in the City of Columbus or a township.  They are in the Worthington School District.

Just single family homes available now and the 29 sold in November 2006:  

More affordable pricing than within the City of Worthington but not as inexpensive as it looks when I bunch all the condominiums and townhouses in to make it comparable to the graphs on my blog.  A more true picture of life in a City of Columbus neighborhood in the Worthington School District.

Active - 170 Properties Found Worthington Area

Square Feet

Bedrooms Full Baths Half Baths DOM List Price Sale Price
Min 989
2
1
0
2
$ 123,000
$ 0
Avg 2198
3
2
1
108
$ 267,689
$ 0
Max 5860
5
4
2
490
$ 1,150,000
$ 0
Sold - 29 Properties Found Worthington Area November 2006

Square Feet

Bedrooms Full Baths Half Baths DOM List Price Sale Price
Min 1171
3
1
1
6
$ 124,500
$ 124,500
Avg 1975
3
1
1
78
$ 213,248
$ 206,439
Max 4793
6
3
2
186
$ 500,000
$ 435,000

The city of Worthington does have some affordable neighborhoods too and the difference in pricing is not as extreme as other areas of Central Ohio. 

Columbus areas 21 and 31    

The graph above is for two MLS areas that are in the City of Columbus and the Worthington School District.  Both MLS areas have some neighborhoods which are Worthington Schools but one also has neighborhoods  that are in the Columbus, and Dublin school districts.  The forty homes sold in the Worthington School District are among the 80 homes on the graph above.

Worthington (w/ in Worthington Corporation or the Village of Riverlea) November 2006 sales   Average sold price in the City of Worthington in November 2006 was $225,000 (remember this is single family, townhouses and condos lumped together. )

Schools - including the Dublin City School District

Communities - including the City of Columbus and the City of Dublin

Visit my website to search for homes

Contact me to find a home

Compliments of Maureen McCabe Real Living HER Worthington

 

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This post provided by Maureen McCabe of Real Living HER

Contact 614.388.8249

Website: MaureenMcCabe.com

Search Columbus mls online


email: MaureenatMaureenMcCabe.com   @

Information is deemed to be accurate but should be verified to your satisfaction.  Information provided herein is supplied by several sources and is subject to change without notice.  Opinions expressed are solely those of Maureen McCabe.

Non Member comments occasionally closed due to heavy spam! 


 

4 commentsMaureen McCabe Columbus Ohio real estate • December 19 2006 06:43PM

Worthington Market Report

Worthington For Sale, Sold

The number below are single family, townhouse and condominiums for sale and sold in the City of Worthington. Worthington is a suburb of Columbus in Central Ohio. This report and the graph shows market demand by comparing current inventory to number of homes sold in a 15-month period. 

 

Date 9/05 10/05 11/05 12/05 1/06 2/06 3/06 4/06 5/06 6/06 7/06 8/06 9/06 10/06 11/06
For Sale 91 87 86 72 73 78 110 128 150 139 143 141 141 129 124
Sold 20 20 13 5 19 9 10 18 21 37 25 22 13 12 12
Pended 21 16 12 9 11 14 20 18 31 28 19 18 14 12 10
Months of Inventory based on Closed Sales 4.6 4.4 6.6 14.4 3.8 8.7 11.0 7.1 7.1 3.8 5.7 6.4 10.8 10.8 10.3
Months of Inventory based on Pended Sales 4.3 5.4 7.2 8.0 6.6 5.6 5.5 7.1 4.8 5.0 7.5 7.8 10.1 10.8 12.4
Avg. Active Price 258 256 248 237 249 268 273 261 267 271 260 263 268 275 280
Avg. Sld Price 250 229 196 225 239 220 247 261 216 267 229 232 224 245 225
Avg. Sq. Ft. Price 129 137 133 117 135 121 131 137 130 142 142 119 135 137 133
Sold/List Diff. % 98 97 98 98 98 97 95 98 97 98 97 97 98 96 97
Days on Market 76 37 72 78 100 87 100 61 56 64 72 84 93 70 92
Median Price 213 204 184 186 188 182 217 244 227 225 210 229 201 202 204

Graphics and table are from Trendgraphix. The data is Columbus Board of REALTORS® MLS.

------------------------------------------------------------------------------------------

This post provided by Maureen McCabe of Real Living HER

Contact 614.388.8249

Website: MaureenMcCabe.com

Search Columbus mls online


email: MaureenatMaureenMcCabe.com   @

Information is deemed to be accurate but should be verified to your satisfaction.  Information provided herein is supplied by several sources and is subject to change without notice.  Opinions expressed are solely those of Maureen McCabe.

Non Member comments occasionally closed due to heavy spam! 


 

1 commentMaureen McCabe Columbus Ohio real estate • December 14 2006 05:47PM

"a fun, voyeuristic tool"

eye keyhole

No, no not more Zillow!  Yes more Zillow.com ... but more Trulia.com too.  

According to a December 7, blog entry on The Real Estate Economy "Zillow is an ad-driven content site designed for buyers and nosey neighbors, or in the words of a Trulia staffer"...  "a fun, voyeuristic tool."

Maybe it's the use of an Alexa.com traffic graph that attracted me.. to the first December 7 entry on The Real Estate Economy about  "where Zillow took a wrong turn in it's strategy relative to Trulia"  called "How Trulia.com out-flanked Zillow"

 

The Real Estate Economy blog's second Zillow post December 7, 2006 was  the breaking news titled:   "Zillow re-positions itself as a property listing site"  blogger Paul Kaihla wrote:

"At the very moment I was posting this morning about where Zillow took a wrong turn in its strategy relative to Trulia, Zillow announced that it is stepping squarely onto Trulia's turf by listing actual homes for sale on its site." 

The Alex.com traffic graph on Kaihla's 'How Trulia.com out-flanked Zillow"  shows Zillow with more traffic... will allowing sellers, and listing brokerages add listings on the site propel traffic Zillow traffic higher?  Are sellers and listings brokerages going to flock to a tool designed for buyers and nosey neighbors?  Only time will tell.

Read  "How Trulia.com Out-Flanked Zillow "  and help me with the history on The Real Estate Economy...who is J. Edgar Hoover?  Who is President Lyndon B. Johnson (an earthy president if we ever had one) in Kaihlla's analogy....?

From Trulia.com Blog,   Are agents in trouble?    Kaihla of The Real Estate Economy referred to this as a love letter to REALTORS® from Sami Inkinen, one of the founders of Trulia.com 

Inkinen and co-founder Pete Flint were recently named ""15 Others Who've Had an Impact" on real estate in 2006 by Realtor® Magazine Online:

"Both consumer- and agent-friendly, Pete Flint and Sami Inkinen's not yet two-year-old Trulia raises the bar for real estate searches online. Mapping is only part of the appeal; the site also provides a spectrum of unbiased information from days on market and cost per square foot to housing comparables. Once the site interests consumers with an intuitive interface and clever graphics, it quickly shifts prospective customers to the site of the listing broker advertising the property." Imagine that!

Today Trulia.com announced an advisory panel of real estate leaders. Real Living COO Kaira Rouda is on the board.  

Thanks to Sellsius° Blog for turning me on to 'The Real Estate Economy' blog

 

------------------------------------------------------------------------------------------

This post provided by Maureen McCabe of Real Living HER

Contact 614.388.8249

Website: MaureenMcCabe.com

Search Columbus mls online


email: MaureenatMaureenMcCabe.com   @

Information is deemed to be accurate but should be verified to your satisfaction.  Information provided herein is supplied by several sources and is subject to change without notice.  Opinions expressed are solely those of Maureen McCabe.

Non Member comments occasionally closed due to heavy spam!