Is the real estate market in Olentangy schools a “seller’s market” now? Looking at the number of months of homes for sale based on recent sales, there are 5.3 months of homes for sale in the Olentangy Local School District.
Search for real estate in Olentangy schools The link is to a search on my HER Realtors site. The search will show virtually all homes for sale in the Columbus Board of REALTORS mls.
- Homes for sale 234 vs. 386 in January 2012
- Months of inventory 5.3 vs. 8.4 in January 2012
The months of inventory for sale in Olentangy schools is down 36.6% from January 2012. That is a balanced market, neither a “seller’s market” or a “buyer’s market.” There are 39.4% fewer homes on the market than a year ago. Home sales in Olentangy schools in January 2013 were down 4.3% from last year, but if you look at the last three months combined (November, December and January) sales for the school district home sales are up 20.4% from a year ago.
Home prices in Olentangy schools
The average sale price of a home in the school district, $286,000 in January was up 1.4% from a year earlier. Average list price of a home in Olentangy schools is up 20.1%. At $252,000 the median sale price of a home in Olentangy schools was down 3.1%
from the median sale price in January 2012.
The average days on market for a home in Olentangy schools shrunk 36.3% from a year ago, at 72 days.
The graph and market report are for single family resale homes in the Olentangy Local School District. The home search will show you new homes as well as resale and you can search for condominiums, lots and other real estate.
I published ‘Real Estate in Olentangy Schools – January 2013’ in February 2013 based on data available from the Columbus Board of REALTORS mls at the end of January 2013. According to Trendgraphix neither CBR nor the mls guarantee the accuracy of the data. Trendgraphix says: “Information deemed reliable but not guaranteed.” I must rely on their info, I can offer no guarantee either. The mls data is getting better, I believe.
Contact me about real estate in Olentangy schools, Delaware County, Ohio