The Columbus and Central Ohio MSA new and resale homes report show that the market remains strong and is getting stronger. Homes sales for the quarter were up 17.6 percent over first quarter last year and pending sales are up 19.3 percent. Median price at $135,000 for March was up 4.9 percent over the $128,650…
Median price hits 56 month high, up 23.4 percent from March of last year. Much of that increase however, can be attributed to a big change in product mix as sales in higher priced neighborhoods have shot up and a sharp drop in lower end deals. A total of 20,581 new and resale houses sold…
The city of Dublin, Ohio has embarked on a grand project with this one so here’s an update on the progress. The project is moving along and the city is offering a quick look at what it could be. http://vimeo.com/61395284 The Bridge Street Corridor run along State Route 161 (Bridge Street) from Sawmill Road through…
DQ News reports that a total of 15,945 new and resale homes sold in February 2013. That was down .7 percent from the 16,058 in January, but up 1 percent from the 15,780 sold in February 2012. It’s typica for January and February’s sales to be about the same. Median price was down .3 percent…
DQ News reported solid gains for the first month of 2013 with 16,058 new and resale homes sold in January. This number is down 20.8 percent from December 2012, but up 10.6 percent from a year ago, January 2012. It’s the highest home sales for a January in six years. The median price at $321,000…
CoStar News reports that new apartment construction at four or five times the national average for other types of commercial construction in certain markets will cause vacancies to increase. “Apartment construction has been on a tear in certain markets,” CoStar says. “With the inventory growing at more than four or five times the national rate,…
A total of 20,274 new and resale houses and condos sold in December 2012, which is up 5.1 percent from the 19,285 in November 2012 and up 5.3 percent from the 19,247 sold in December 2011. Sales were still 17.2 percent below the December average of 24,488 so there’s still room to grow. Median price…
My home town of Westerville Ohio was named the fifth friendliest town in the United States according to Forbes and a Nextdoor.com. Westerville was the only town in Ohio to make the top 25. Some of this is attributed to the number of park, Westerville Community Center, 4th Friday celebration in the old uptown Westerville,…
Columbus and Central Ohio October home sales were up for the tenth consecutive month with sales of 1,990 up 24.8 percent from October 2011 according to the Columbus Board of Realtors. Average price was $163,764, which is a 10percent increase from last October. New listings were up 12.1 percent, putting the current unsold inventory at…
Prices are still trending upward. Homes prices in the Columbus and Central Ohio area are up from same month last year with an average price of $169,413. That’s up 8.1 percent over September 2011. 1,859 homes in Columbus and Central Ohio sold during September 2012, which is 2.5 percent increase over August 2012. Year to…
According to DQ News, home sales in Loa Angeles and Southern California rang in at 17,859, which is a 20.4 percent drop from the 22,438 sales in August 2012 and down 1.6 percent from 18,149 in September 2011. Although it’s normal for a sales drop from August to September, the steep drop this year is…
The news is good again. Homes prices in Columbus and Central Ohio are up from same month last year with a average price of $178,766, which is up 6.4% over the same month last year. 2,326 Central Ohio homes sold during August 2012, which is an 12.3% increase over August 2011. Year to date home…
According to DQ News, Southern California home sale rose to a six year high for the month of August. A total of 22.438 new and resale homes sold in Southern California. That’s up 9% from July 2012 and up 14.2% from August 2011. Last month’s $309,000 median price was up 1.0 from July and up…
Great news: homes prices in Columbus and Central Ohio hit their highest in five years with a average price of $186,781, which is a whopping 10.3% higher than July 2011. The higher priced areas saw the biggest gains, which is even better news in my opinion. 2,096 Columbus and central Ohio homes sold during July…
According to DQ News Southern California home sale rose for the seventh consecutive month to 20,588 for the month. This was down 6.7 from the 22,075 in June, but up 13.8% from July of 20122. The median price also rose to $306,000 and that’s up from the $300,000 from June and up 8.1% from the…
The multifamily segment of commercial real estate continues to strengthen in spite of new supply coming on line according to Randyl Drummer of CoStart news. Demand still far outstrips demand. For the sixth consecutive quarter, the National Multi Housing Council Quarterly Survey of Apartment markets showed improvements across all four indices. The indices measure supply,…
There’s continued good news for the Central Ohio market as homes sales were 2,429 for June 2012, up 18.1% from the 2,056 for June 2011. Sales for the first half of the year were 10,473, up from the first half for 2011 at 9,507. Median price was $155,250, up 15% from $135,000 in June 2011. …
DQ News reported that homes sold in Southern California rose for sixth consecutive month to 22,075 for June 2012. This number was down .5% from May 2012, but up 7.5% from the 20,532 sold in June 2011. True, Southern California sales rose 7.5% from a year earlier, but most of the uptick came in the…
Residential home sales are gaining strength in Columbus and Central Ohio according to the Columbus Board of Realtors. May 2012 homes sales were up for the fifth consecutive month to 2,070, up 5% from the 1,971 sales in May 2011. Year to date is 7,966 up 6% from 74,51 in the same time period last…
For May 2012, DQ News reported that 22,192 new and resale homes sold Southern California last month. That was up from April by 15.1% and up 20.6% from the 18,394 sold in May 2011. The median price in the six county Southern County market rose to $295,000 last month. That was up 1.7% from April…