Category Archives: Worthington Ohio

Articles about Worthington Ohio

2010 – A Year in Review of the Housing Market

Updates on how we fared in 2010 for the central Ohio housing market have been completed. You can check your area, school district or subdivision here:

10-Year Review of Average Home Prices for Central Ohio

It’s a new year and that means it’s time to take a look at how home sales – specifically average prices – did in 2010. Did they continue to slide down or have they turned the corner?

As usual, I calculate average prices by school district because that provides a more accurate review than if zip codes or cities were to be used. Zips and city boundaries sometimes cross school and county boundaries, thus, making them inaccurate.

The chart below shows average prices for Jan-Dec for single-family homes only. No condos included. You’ll notice that most districts improved their average home price for 2010. 2004-2005 still seems to be the benchmark years where people who purchased their home on or after those years may need to sell their home for less than they paid.

2001-2010 Avg Prices homes sold for Jan-Dec in central Ohio

Click to enlarge chart, then click again

If you have any questions on your specific home, give me a call at 614-825-8860 or email me by clicking on the icon in the right column.

Copyright © 2011. 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.

O-H-I-O … GO BUCKS!

O-H-I-O, GO BUCKS, It's Buckeye Country

We cheered on the traffic on Rt 315 as fellow Buckeyes traveled to THE GAME against that state up north.

UPDATED: OSU 37 … MICHIGAN 7 :-)

Should you buy or sell a home now?

2001-2010 Avg Prices homes sold for Jan-Oct in central Ohio
Click to enlarge, then click again to enlarge more

Last year buyers were hesitant to buy a home – even though interest rates were low – because they wanted to wait till “prices hit the bottom“. Real estate agents tried to explain that the only way a buyer could know when the market was at the bottom was when prices started to increase.

WELL FOLKS!
Have a look at this chart. It shows a 10-year pricing history for school districts in Delaware County with a couple in Franklin County. While prices haven’t increased to earlier years yet, most are seeing increases. Even so, with interest rates now about 1-percentage point below last year, the savings in interest would likely make up for the price increases. SO IT’S STILL A GOOD TIME TO BUY!

Sellers, the market may or may not be favorable for you, depending on when you purchased or the amount of equity you have in the home. If you’re in doubt about the price your home might sell for, contact your favorite Realtor® to discuss. Don’t have a favorite? Give me a call.

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.

Who sells the most homes?

Are you thinking of buying or selling a home and are uncertain as to which agent to use? Perhaps, your home is on the market but you’re not quite satisfied with the marketing your home is receiving.

SEE WHO IS SELLING HOMES IN YOUR AREA

I just updated the “BROKER SHARE” page to show the Top 5 Real Estate Brokers from Jan 2010 thru Sep 2010 for a number of school districts in northern Franklin County and southern Delaware County. Check out your area to see who is selling the most homes – whether it is a home listing for sellers or helping buyers find their new home.

Naturally, I suggest using #1 Real Living HER … and dare I say … I’m available. ;-)

September YTD Home Sales in Delaware & Franklin Counties

Now that September home sales have been recorded, I’ve updated the sales charts on both my web site and a page on this blog. See what is happening your school district or your subdivision.