TThe Columbus and Central Ohio MSA new and resale homes report show that the market remains strong and is getting stronger.

Columbus and Central Ohio Residential Sales Report – March 2013

Posted April 23, 2013

In Columbus, Ohio, real estate, Residential

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 for March 2012. Average price was also up 4.9% to $160,233 for the month of March.

“We’re getting a lot of interest from current homeowners who’ve been paying attention to what’s been happening with housing recently,” added Pedon. “Low interest rates, strong demand and improved sale prices make a compelling argument for selling a home right now. Whether homeowners want to move up or out, they should seriously consider the benefits of the current housing market.”

Unsold inventory is at the lowest level since 2002 with almost 9,000 unsold homes currently on the market. 3,484 new listings were put on the market during March 2013.

http://www.10kresearch.com/sortable/Columbus-OH/2013-03/Entire-MLS.pdf

http://www.10kresearch.com/sortable/Columbus-OH/2013-03/main.htm

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