Central Ohio home sales, contracts and
prices up in the first quarter
(Apr. 19, 2012) First quarter home sales in
central Ohio were up 7.1 percent versus first quarter 2011 sales (4,045 vs. 3,776). March
home sales jumped 36 percent to 1,653 compared to the previous month (1,215) and were up
6.1 percent more than last year (1,558) according to the Columbus Board of REALTORS®.
“This upward trend in home sales began last
summer,” said Jim Coridan, President of the Columbus Board of REALTORS®. “Average sale
prices are increasing, but at a much more cautious pace.”
Average sales price fell 30.6 percent from
its decade high of $192,642 in June 2005 to $133,604 in February 2009. The average sales
price of a central Ohio home in March 2012 was $153,557 – 6.5 percent higher than one
year ago.
The 3,466 homes listed for sale in March
marks a 56.7 percent increase over the previous month, but is still 10.4 percent lower than
March of 2011. The median list price of new listings last month was $149,900 – 3.5 percent higher
than one year ago.
To read the full report, click here.
No comments:
Post a Comment