City of Powell Real Estate: February 2013

City of Powell real estate – home prices

City of Powell home prices

City of Powell real estate through February 2013 The graph shows home prices in the Powell Corporation (city of Powell) for the past 15 months.  The green line shows “for sale” home prices in the area.  The graph’s  red line shows “sold” price for homes in the city of Powell. Powell home prices edged down a bit from January 2013 when the average for sale price was over $500,000. The average sold price for a home in Powell was $335,000 in February 2013.

The graph is for single family resale listings in the City of Powell only.

Compare City of Powell real estate to:

Powell, Ohio 43065 home prices -the average sold price was $335,000
Home prices in Olentangy schools  the average sold price was $329,000
Home prices in Delaware County, Ohio average sold price was $265,000

Coincidently the average sold price for “Powell, Ohio 43065”  is homes with a Powell mailing address.was $335,000 but the two graphs are very different.

City of Powell real estate – home prices

The graph is for home prices in Powell, the city of Powell.  The February 2013 average sold price of a home in Powell was $335,000.  That’s up 3.4% from the February 2012 average sold price of $324,000  The average “for sale” price of a Powell home in February was $483,000.  The February 2013 average “for sale” price was up 33.1% from the March 2012 average price.

The February 2013 $330,000 median sold price in Powell was up 10.7% from a year ago.

Homes in the city of Powell sold within 97% of their final “for sale” price on average and 94% of the original list price.

Powell real estate market – February 2013

Home sales in the Powell Corporation Limit were up 100% in February 2013. The number of homes for sale in the area are down 50% from a year ago.  Based on the increased home sales and lower inventory in the city, there was only two months of homes for sale.  That’s a seller’s market, it’s surprising sale prices have not gone up more than 10.7% (median.)  There were 9 months of inventory in the area a year ago.  You can see home seller’s anticipation of prices rising in Powell.

Powell, Ohio 43065 real estate search

Powell, Ohio 43065 homes for sale priced $200,000 to $300,000
Powell, Ohio 43065 homes for sale priced $300,000 to $400,000
Powell, Ohio 43065 homes for sale priced $400,000 to $500,000

* The Powell home searches will show new and resale properties in the Columbus Board of REALTORS mls (multiple listing service) on my HER Realtors site.   The homes are those with a Powell, Ohio 43065 mailing address, a larger area than the City of Powell.  Change searches to condos, lands, another price, another zip code or community or whatever you are searching for.

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