Columbus and Central Ohio Home Sales recap for 2012

Posted January 24, 2013

In Columbus, Ohio, real estate, Residential

There were 22,915 homes sales for all of 2012 and that was up 15.5 percent from 2011. These are the best numbers since 2007.

Average sales price was up 7.2 percent to $167,459 for 2012 and December was $158,898, which is up 7.5 percent from December 2011.

Median price was also up 8.7percent to $144,500 for 2012 and December was up 9.2 percent to $136,450 from December 2011

“2012 exceeded our expectations,” said Chris Pedon, President of the Columbus Board of REALTORS®. “Sellers opened their doors, buyers brought their confidence, lenders gave their best rates and REALTORS® worked eight days a week.”

“The inventory of homes for sale in central Ohio is at its lowest point in over a decade (9,252) – 18.8 percent less than December 2011 are missing out on opportunity,” ad “Homeowners who are putting off listing their house because we’re not “in season” says Chris Pedon. “Buyers are out there – and they’re not waiting for summer to buy.”

http://www.10kresearch.com/sortable/Columbus-OH/2012-12/Entire-MLS.pdf

http://www.10kresearch.com/sortable/Columbus-OH/2012-12/main.htm

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