The first half of the year is now behind us. The Gov’t Tax Credit stimulus is kaput. We survived February’s wrath of 24″+ inches of snow. Low interest rates were maintained. Central Ohio real estate agents were busy selling houses. So how does the first half of the year look? Pretty good … pretty good!
Click to enlarge graph
This graph shows a comparison of the average price of single-family homes sold during Jan-Jun 2010 vs 2009. I use data by school district since that is the easiest way to track sales here in central Ohio. Notice that most areas realized increased prices over last year.
- The largest year-over-year increases were seen in Buckeye Valley (up 16%), Gahanna (up 14%) and Big Walnut (up 13%).
- Healthy increases were achieved by Worthington (up 8%), the Powell portion of Olentangy (up 5%) and Westerville (up 5%).
- Districts that were essentially flat were Marysville (up 3%), the Lewis Center portion of Olentangy (up 2%), Delaware (up 2%), Upper Arlington (up 0.6%), Dublin (up 0.2%)
- Only two districts experienced a decrease: New Albany (down 2%) and Hilliard (down 3%).
SOURCE: Columbus Board of Realtors, MLS System. Jan-Jun average prices for single family homes that were entered into the MLS system.
Copyright © 2010. Elaine Reese, Real Living HER. Reproduction of any portion of this blog post or the images is prohibited by the Digital Millennium Copyright Act. If this post is being viewed on any site other than www.ReesesPiecesOfRealEstate.com then the material has been stolen without permission. Violators will be reported.
