Entries categorized as ‘Powell Ohio’
I’ve been mentioning in several of my articles during January that the real estate agents in my Powell office, as well as others I speak with, are reporting that they have and are busy with both buyers and sellers. I just checked the January data from the MLS and the numbers support what agents have been saying.
Look at the white bars! Those are the number of homes that were in-contract at the end of January! Can you believe it! Go Hilliard! Those homes that went into contract during January will probably close in February.
Click to enlarge graph
The bright blue bars reflect actual closings in January 2010. The light blue bars indicate January 2009 actual closings for comparison. The number of closings were higher in 2010 for all but three of the school district areas, compared to 2009. Imagine what February actual sales are going to be like.
For you buyers and sellers who have been fence-sitting waiting till the weather improves before they take advantage of the Tax Credits, look what you’re missing.
“He who hesitates, is lost.”
“The early bird gets the worm.”
“Don’t say I didn’t warn you.”
EDITED: I split the Olentangy school district into “east of Rt 23″ (LC) and “west of Rt 23 (PO). If I hadn’t done that, the pending sales would be greater than Hilliard at 128 homes. Jan 2010 sales were 42 vs 2009 at 37.
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.
Categories: Buyers · Central Ohio · Delaware County · Delaware Ohio · Dublin Ohio · Franklin County · Galena Ohio · Hilliard Ohio · Homes · Homes for sale · Housing stats · Lewis Center Ohio · Powell Ohio · Real Living HER · Realtors® · Sellers · Worthington Ohio
Tagged: $6500 Current Homeowner Tax Credit, $8000 1st Time Buyer Tax Credit, central ohio real estate market news
Here’s some encouraging news early in 2010. Last year, we had trouble moving the housing inventory priced over $300,000. The 1st Time Buyer Tax Credit favored homes priced below $200,000. Many of those lower priced homes were owned by the banks (REO) so when they sold, there was no trickle-up benefiting the higher priced homes. It was a tough year for sellers who had upscale homes.
I spend Monday mornings checking the stats from the past week. This morning I noticed that for my office, 40% of the homes that are in-contract are priced over $300,000! One of those homes is my listing. This is terrific news for all these sellers!
Of course the Real Living HER Powell office is in an upscale suburb, and my fellow office-mates are accustomed to marketing high-ticket homes, but even so, it’s very encouraging to see these luxury homes find buyers.
Categories: Delaware County · Homes · Homes for sale · Powell Ohio · Real Living HER · Realtors®
Tagged: central ohio real estate market news, luxury homes in central ohio
It’s the end of the month, the end of the year, so I’ve been doing my usual analysis of home sales around central Ohio. The Columbus metro market had some softening of prices but since our prices didn’t have the huge increases in year’s past – like FL, CA, AZ – our decline has been more modest.
It “seems” that we bottomed out last fall and have begun to see some turnaround. In the past few weeks, many agents have reported being pretty busy in a normal down time. Buyers are buying and sellers are preparing to put their homes on the market.
The following chart shows the total year sales results for key school districts in Delaware and Franklin Counties, sorted hi-lo by average selling price. It also shows the average price/sq ft and the average list-to-sell ratio. The list-to-sell rate is informative as it tells us that sellers are pricing their homes realistically to the current market. It also shows that the higher priced homes will have a higher price per sq ft, simply because they have more upgrades, more amenities which command that higher price.
Year-End Stats by School District
| School District |
# Homes |
Sq Ft |
Sold Price |
$/Sq Ft |
SP/LP |
| New Albany |
255 |
3329 |
$392,601 |
$125 |
94% |
| Olentangy-Powell |
361 |
3311 |
$373,186 |
$122 |
95% |
| Dublin |
628 |
2854 |
$311,875 |
$117 |
95% |
| Olentangy-Lewis Ctr |
535 |
2711 |
$275,970 |
$110 |
96% |
| Big Walnut |
170 |
2282 |
$235,705 |
$109 |
97% |
| Worthington |
561 |
1967 |
$210,169 |
$115 |
97% |
| Hilliard |
973 |
2012 |
$197,181 |
$103 |
97% |
| Westerville |
913 |
2090 |
$196,605 |
$98 |
96% |
| Buckeye Valley |
134 |
2193 |
$195,087 |
$91 |
96% |
| Delaware |
357 |
1803 |
$142,266 |
$83 |
97% |
If 2010 is the year that you plan to make a move, give me a call. Don’t forget, you only have until the end of April to take advantage of the two government Tax Credits!
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.
Categories: Central Ohio · Delaware County · Delaware Ohio · Dublin Ohio · Franklin County · Galena Ohio · Hilliard Ohio · Home prices · Homes · Housing stats · Lewis Center Ohio · Powell Ohio · Worthington Ohio
Tagged: central ohio real estate market
Do you like end-of-year lists? To ensure that I write about topics my readers are interested in, I review the “most read” articles at the end of the year. When I reviewed the articles with the highest traffic, I realized I could easily put them into subcategories. In case you missed any of these articles, here’s the TOP 5 articles that other readers read or referenced the most frequently. You can click on the links to read a specific article.
Most read Pages (~11,000 readers)
- Subdivision Home Sales
- Videos of my Listings
- Stratford Woods
- Reeses Peanut Team (I notice that Murphy’s page gets more traffic than MY page!)
- Who Is Elaine Reese?
Most read articles about Suburbs (~7,000 readers)
- Dublin, Ohio – a unique suburb
- Hayden Run Falls near Dublin Ohio
- Muirfield Village in Dublin Ohio
- Ballantrae continues Dublin’s Irish theme
- Like to golf? You’ll love Powell, Ohio
Most read articles about Property Information (~5,000 readers)
- Joe Testa, Franklin County’s Auditor updated us today
- Delaware County Auditor tries to reassure residents
- Closing Costs – Smlosing cost! What am I going to pay?
- How will property tax rates affect your choice in homes?
- Survey plats & easements & how they affect you
Most read articles about Home Fix-ups (~4,000 readers)
- Dress up your kitchen inexpensively
- Start working on curb appeal as soon as you buy
- Home Sellers … you CAN take it with you … maybe
- Buyers … will your home inspector take away your dream home?
- Home buyers … have your locks rekeyed
Most read articles about Local Sites (~3,000 readers)
- Water towers seem to be taking on a whole new look
- Is the Church a barn … or a barn the Church?
- Oh, to be a duck and able to float on the Olentangy
- Hoover Reservoir is a great attraction
- On the Coyote Trail at Highbanks Metro Park
Most read articles about Nature (~3,000 readers)
- Finding the beauty of snow in central Ohio
- Growing a vegetable garden … the suburban way
- 30-yr Anniversary of the “Big Blizzard”
- Living with Nature … what does it mean to you?
- The Wild, Wild West of Powell, Ohio
Most read articles about Emerald Ash Borer (~8,000 readers)
- Get off my Ash … a sad update
- Get off my Ash … update #4
- Little green borer … get off my ASH!
- Delaware city workers take down the dead tree
- Get off my Ash … update #6
Most read articles about Homes for Sale (~4,000 readers)
- Luxury Condo in Golf Village, Powell Ohio (sold)
- Hoover Reservoir executive home
- Stunning 1st floor MBR in Stratford Woods (sold)
- Custom-built Worthington Ohio home (sold)
- 1st floor MBR on wooded lot in Stratford Woods (sold)
Categories: Ash Trees · Ballantrae · Buyers · Central Ohio · Delaware County · Dublin Ohio · Fix-ups · Franklin County · Golf Village, Kinsale · Golf course communities · Homes · Muirfield · Powell Ohio · Scioto Reserve · Sellers · Wedgewood
Tagged: central ohio real estate market, Top blog articles
Are you planning to sell your home in 2010? Check out my recently updated page for Top 5 Real Estate Brokers by school district.
Real Living HER continues to be the #1 real estate broker with their agents selling far more homes than others. In many of the districts, their market share has continued to increase. The 2009 market has been tougher to get homes sold, so no doubt the extra programs that Real Living offers to both buyers and sellers has helped get homes sold.
I know you’re busy with preparations for the upcoming holidays, but don’t forget the two Tax Credits that are currently available for both new buyers and current homeowners who want to sell & buy.
Give me a call and we’ll go to work on getting you a new place to live in 2010.
Categories: Central Ohio · Delaware County · Delaware Ohio · Dublin Ohio · Franklin County · Galena Ohio · Hilliard Ohio · Homes · Housing stats · Lewis Center Ohio · Powell Ohio · Real Living HER · Realtors® · Realtor® selection · Schools · Sellers · Worthington Ohio
Tagged: central ohio real estate market news, Schools, Top 5 real estate brokers
I made a change this week. I will now be operating out of the Real Living HER Powell office, rather than the Worthington office.
I had been considering this move since the new Powell office opened several years ago, because it is half the distance to my home that the Worthington office is. As the years have gone by, the addition of all the stop lights on Rt 23 has doubled the drive time to Worthington. As a result, the Powell office is about 8 minutes away, while the Worthington office is 25-30 minutes, and sometimes longer if there is a fender bender.
The Powell location has easy access to Dublin and Hilliard as well. So it is better suited for my clients as well as myself. (See Google Map)
This change will also benefit my clients because of the synergy of the agents in the Powell office. Since they work throughout Delaware county and beyond, it will mean far better exposure for my listings to agents who have buyers for those listings. They know and understand the Delaware County market. Making this move will be an improvement of service to my clients.
I’ll still be working as a mobile agent, meaning my Blackberry and the WEENR-mobile are really my “office”, but it’s nice knowing that when I meet clients, we can do it at a state-of-art new office in a prime location. By the way, none of my contact info changes. My phone number and email addy remain as they always have been.
If you want to buy or sell a home, give me a call and we’ll meet at my new digs!
Categories: Central Ohio · Delaware County · Elaine's Listings · Homes · Powell Ohio · Real Living HER · Realtors®
Tagged: central ohio real estate market news, Powell OH 43065, Real Living HER
In October, I wrote about the showings by buyers for various zip codes by price range for both single family homes and condos. Here in this post, I’ve updated that chart with the number of showings between Nov 1 thru Dec 10 (today). Similar results but far fewer showings. We’re still seeing little activity in the upper price ranges.
Click to enlarge graph
The lack of activity for the move-up price ranges is why the National Association of Realtors® pushed Congress to do something to help this market. Thus, the Tax Credit stimulus added the $6,500 credit for CURRENT HOMEOWNERS. Read Details.
Many of the upper-priced homes have had their prices reduced to almost ridiculous levels. If you’re a buyer, you may find that these luxury homes cost less per sq ft than lower priced cookie-cutter homes.
I know the holidays are upon us, but if you’re planning to sell and buy, you need to get ready as January is only 3 weeks away.
Copyright © 2009. 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.
Categories: Buyers · Central Ohio · Delaware County · Delaware Ohio · Dublin Ohio · Franklin County · Galena Ohio · Home prices · Homes · Homes for sale · Housing stats · Lewis Center Ohio · Powell Ohio · Sellers · Worthington Ohio
Tagged: buyer, central ohio real estate market news
I like living in Southern Delaware County. From my home, I am only 6 minutes from Powell, 15 minutes from Dublin or Westerville, and 20 minutes from Worthington. It takes longer to go to Worthington because of all the traffic lights on Rt 23. For the rest of the suburbs, I take the “back roads”.
By driving the “back roads” I get to enjoy the scenery which includes luxury homes, wooded land, farm fields, farm animals, rivers, and yes, these guys.
Because of all the wooded areas along the roads, deer are quite plentiful. Some say they are too plentiful. A couple years ago, I read that Southern Delaware County has more car/deer encounters than any other area around the Columbus metro region. I know I see A LOT of carcasses along the roads, especially along Rt 23 where traffic is heavy and going much faster.
I’ve had several close calls this fall. I had another last night driving home from Powell on Liberty Rd. Africa Rd and Olentangy River Rd are other roads where deer are numerous. One evening I rounded a curve on Big Walnut Rd to suddenly come upon 8-10 deer standing in the middle of the road.
A friend, and fellow agent, who also lives in southern Delaware County, recently had a deer run into her new Prius. The deer won … the Prius not so much. Guess the deer didn’t know or care that the car is designed to help their environment.
Deer can be a problem anytime, but the fall rut is especially troublesome, as the deer bound across the roads chasing a mate. Could be they’re not thinking with their heads. 
If you’re driving after dark or early in the morning, be careful out there.
Categories: Central Ohio · Delaware County · Galena Ohio · Powell Ohio
Tagged: deer car crashes
This is Thanksgiving week. We often find that when family members come into town, if they are considering a move here to be closer to relatives, they make plans to view homes. Sometimes even local buyers plan to shop for their home this weekend when they have vacation days. Friday to Sunday can be “black” days for real estate as well, not just at the retail stores.
If you want to locate in Southern Delaware County, you have plenty of homes to view, no matter the price range. The only segment where there isn’t much is below $100,000 since there are only 7 homes in that range.
There are so many beautiful homes in Southern Delaware County, with many on large lots, wooded lots, on golf courses, whatever suits your fancy. The area includes the suburbs of Powell, Lewis Center and Galena, plus, several townships. Much of it is in Olentangy school district, but also includes portions of Big Walnut and Buckeye Valley districts.
Don’t forget that the $8000 First-Time Home Buyer and $6500 Homeowner Tax Credits are in effect. Plan for it to take a minimum of 45 days from the time you go into contract until closing can occur. (New government regulations have increased the timing.) Read more on the tax credits.
Click to enlarge graph
Copyright © 2009. 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.
Categories: Buyers · Central Ohio · Delaware County · Galena Ohio · Home prices · Homes · Homes for sale · Lewis Center Ohio · Powell Ohio
Tagged: Big Walnut school district, Buckeye Valley school district, central ohio real estate market news, Olentangy schools
Elaine Reese
614-825-8860Real Living HER379 W Olentangy StPowell Ohio 43065
Assisting home sellers and buyers throughout Central Ohio in achieving their dreams.
