Real Estate in Olentangy Schools: March 2013

Real estate in Olentangy schools

real estate in Olentangy schools

Home sold in Olentangy schools through March 2013

There were 84 homes sold in Olentangy schools in March 2013.   A year earlier there were 62 homes sold in the area.   The number of homes for sale is down in Olentangy schools.  This graph shows home sales in the Olentangy Local School District for the past 15 months through March 2013.  The light green bars are the number of homes for sale.  The dark green bars are the number of  homes sold by month.  The graph and market report are for  single family resale homes listed in the Columbus Board of REALTORS mls (multiple listing service.)  This does not include new homes, condominium homes or multi-family residences.

Compare real estate in Olentangy schools to Delaware County, Ohio real estate:  “Delaware County, Ohio home sold  were up 26% from a year ago.”

Homes sold in Olentangy schools were up 35.5% from March 2012.

Real estate in Olentangy schools:  March 2013

The number of homes sold in the Olentangy Local School District was up 35.5% in March 2013.  The number of homes for sale in the school district in March 2013 was down 40.4% from a year ago.  Based on increased March sales there is just less than 3 months of inventory (homes for sale) on the market….  suddenly it’s a sellers market in the school district.

Home prices in Olentangy schools

Are home prices in the Olentangy school district rising as a result of increased solds and less homes on the market? Yes and no.  The average sold price of a home in the school district was up 2.5% from March 2012 at $326,000.  The average for sale price of a home in Olentangy schools increased 35% from last year.  The average “for sale” price of a home in the school district is $551,000.  Anticipation?

The median sale of a single family resale home in Olentangy schools in April 2013 was up 15.2% from a year ago at $295,000.

Homes in the area sold within 97% of their final list price in March 2013 (approximately 3% average discount from list price.)   The homes that closed in March 2013 in Olentangy schools sold within 95% of their original list price.  A year ago homes in the area sold within 95% of their final list price and 90% of their original list price.  Home prices are going up in Olentangy schools, not shooting up as fast as some sellers would like based on the average list price shooting up to $551,000.

Homes for sale in Olentangy schools

Homes for sale in Olentangy schools *

Lewis Center, Ohio 43035 real estate search – single family*

Lewis Center, Ohio 43035 homes for sale priced $100,000 to $200,000
Lewis Center, Ohio 43035 homes for sale priced $200,000 to $300,000
Lewis Center, Ohio 43035 homes for sale priced $300,000 to $400,000

Powell, Ohio 43065 real estate search – single family*

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

Two of the largest areas in the Olentangy Local School District are Powell and Lewis Center.  There are other zip codes in the school district as well.  * These searches show both new and resale properties in the Columbus Board of REALTORS mls (multiple listing service.) You are able to change searches to condos, land, another price range, another zip code or community or  whatever home you are searching for.

2013 Real Estate in Olentangy Schools

Home prices in Olentangy schools through February 2013

Homes for sale in Olentangy schools through January 2013

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