"Home values continue to rise" according to the Columbus Board of REALTORS®
The information the Columbus Board of REALTORS® released today to members and the media says:
"Home values continue to rise which is good news for central Ohio. The average sale price for the first nine months of the year is $161,204 up 7.4 percent from the beginning of 2010 according to the Columbus Board of REALTORS®."
The official news for September 2010 has been released and you will read it in the Columbus Dispatch and Business First Columbus and hear it on the TV and radio news along with the National Association of REALTORS® news for the country as a whole.
On October 8, 2010 I wrote - Central Ohio Home Prices September 2010 which says for the same area: "Average sale price $164,000"
What's the difference? The Columbus Board of REALTORS ® is based on "residential properties" mine was single family. Both were for the whole MLS (multuiple listing service) area. The Columbus Board of REALTORS MLS serves all of Franklin, Delaware, Fayette, Madison, Morrow, Pickaway and Union Counties and parts of Champagne, Clark, Hocking, Licking, Fairfield, Knox, Logan, Marion, and Ross Counties. I don't.
A year ago first time home buyers were getting a tax credit. Earlier this year home buyers including first time home buyers were getting tax credits.
Closer to home, northern Franklin County, Southern Delaware County school districts - home prices
In the Dublin, Olentangy, Westerville and Worthington school districts single family list prices are down from a year ago. Sale prices in those Central Ohio communities are up from a year ago, when home buyers were getting a tax credit.
September 2010 average single family home sale prices up 6.8%
Average September 2010 Dublin sales price $330,000
September 2010 average single family home sale price up 12.7%.
Average September 2010 Olentangy schools sales price $365,000
September 2010 average single family home sale price up 3.1%
Average September 2010 Westerville sales price $200,000
September 2010 average single family home sale price up 9.4%
Average September 2010 Worthington sales price $221,000
Click on the links to see greater detail about home prices, a larger graph and more about the real estate market in each school district in September 2010 and the previous 14 months.
Home prices were up in comparison to September 2009 when first time home buyers were getting a tax credit. Home sales are down from September 2009 in all four school districts as well as most of central Ohio.
The National Association of REALTORS® also released September results today, they say "September Existing-Home Sales Show Another Strong Gain "
This post provided by Maureen McCabe HER Realtors*
Contact Maureen McCabe of HER Realtors* - 614.388.8249
email: MaureenatMaureenMcCabe.com at = @
*Real Living HER
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.