September 15 2009

Columbus Real Estate Market Conditions August 2009

by brook

Homes For Sale In Columbus, Ohio

Columbus, Ohio is many things: Heartland of America, a favorite of “best places to live” lists, and even a once-declared “emerging global city” (see Columbus market conditions July 2009). But is it affordable to plant your roots in this much-hailed hometown? Let’s examine the Columbus real estate market conditions August 2009:

Average Listing Price: $173,582
Week-Over-Week Change: -0.5%

Median Sales Price: $110,000
Year-Over-Year Change: +7.3%

Average price/sq.ft.: $95
Year-Over-Year Change: +14.5%

Number of Sales: 2,171
Year-Over-Year Change: -40.2%

Source: Trulia Real Estate Search

As you can see, there are both increases and decreases in the Columbus market. A good local Realtor, who has been through all types of market activity in the area, can provide some valuable insight. Once you have discussed the options that may be available to you, it’s time to start looking at the homes for sale in Columbus themselves. Currently, there are some attractive selections in new homes, resale homes, and foreclosed properties in this great city.

 

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