The Columbus Board of Realtors released statistics today showing a significant decline in home sales activity in July.  There is no doubt the expiration of the first time home buyers’ tax credit had an impact.

There is, however, some good news! Interest rates are at historic lows and with solid inventory and competitive pricing it is a great time to buy.  Sellers don’t fear, you can still sell a home in today’s market, just be sure to condition the home properly, price it well and work with a quality real estate professional.

If you have questions about buying or selling or need information about the market call Eric at 614-402-8335.

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Welcome to 6584 Hilmar Dr.  This sharp Westerville 2 story offers all the best of what this wonderful community and area have to offer.

Open spaces and loads of windows create the perfect setting for family gatherings or entertaining friends. Gorgeous kitchen, Buckeye themed rec-room with bar, loft, stunning owners’ suite and more.

This one is truly a 10! Call Eric at 614-402-8335 or click here for details or to arrange a showing.

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Based on statistics just released by The Columbus Board of Realtors, things are looking up in the local housing market.  The chart below details activity and indicates a strong increase in sales year over year as well as from February to March.

According to an article released today,

“The central Ohio housing market is on fire right now,” exclaims Sue Lusk-Gleich, President of the Columbus Board of REALTORS®. “There’s no question the home buyer tax credits have a lot to do with our market activity. But the significant increase in listings as well as rising sale prices are clear evidence that our local market is regaining its strength.”

With the Homebuyer Tax Credit ending soon we are all wondering what the impact will be on home sales in Central Ohio. The good news is that interest rates remain historically low and reasonable home prices abound.

Keller Williams Capital Partners agents closed 158 units in March 2010 which was up more than 40% over March 2009.  Obviously, only time will tell, but those in the industry will tell you things seem to be aligned for a solid spring and summer market.

If you are wondering whether now is the right time for you to buy or sell please call Eric direct at 614-402-8335.

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Here is some information for Real Estate sales in the Worthington area comparing March 2010 and March 2009.  Please note this is not just Worthington “proper”, but encompasses the entire Worthington School district. We would be happy to provide more specific information if you desire.

During the month of March, 2009 there were 39 properties sold with an average sale price of $183,728 and an average days on market of 103.  The lowest sale price was $75,000 and the highest was $350,000.

During the month of March, 2010 there were 62 properties sold with an average sale price of $205,269 and an average days on market of 95.  The lowest sale price was $79,900 and the highest was $460,000.

We are always happy to provide more detailed information about home sales in this area or anywhere else in Central Ohio. Call Eric anytime at 614-402-8335!

All statistics are based on sales through the Columbus Board of Realtors Multiple Listing Service.

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Here is some information for Real Estate sales in the Westerville area comparing March 2010 and March 2009.  Please note this is not just Westerville “proper”, but encompasses the entire Westerville School district. We would be happy to provide more specific information if you desire.

During the month of March, 2009 there were 61 properties sold with an average sale price of $180,058 and an average days on market of 112.  The lowest sale price was $31,000 and the highest was $455,000.

During the month of March, 2010 there were 75 properties sold with an average sale price of $196,043 and an average days on market of 89.  The lowest sale price was $52,520 and the highest was $787,040.

We are always happy to provide more detailed information about home sales in this area or anywhere else in Central Ohio. Call Eric anytime at 614-402-8335!

All statistics are based on sales through the Columbus Board of Realtors Multiple Listing Service.

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Here is some information for Real Estate sales in the Worthington area comparing January 2010 and January 2009.  Please note this is not just Worthington “proper”, but encompasses the entire Worthington School district. We would be happy to provide more specific information if you desire.

During the month of January, 2009 there were 22 properties sold with an average sale price of $161,399 and an average days on market of 81.  The lowest sale price was $38,000 and the highest was $283,900.

During the month of January, 2010 there were 26 properties sold with an average sale price of $201,171 and an average days on market of 108.  The lowest sale price was $60,000 and the highest was $642,500.

We are always happy to provide more detailed information about home sales in this area or anywhere else in Central Ohio. Call Eric anytime at 614-402-8335!

All statistics are based on sales through the Columbus Board of Realtors Multiple Listing Service.

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Here is some information for Real Estate sales in the Westerville area comparing January 2010 and January 2009.  Please note this is not just Westerville “proper”, but encompasses the entire Westerville School district. We would be happy to provide more specific information if you desire.

During the month of January, 2009 there were 45 properties sold with an average sale price of $159,948 and an average days on market of 82.  The lowest sale price was $55,000 and the highest was $476,000.

During the month of January, 2010 there were 47 properties sold with an average sale price of $169,611 and an average days on market of 81.  The lowest sale price was $42,000 and the highest was $392,400.

These are very similar year over year statistics with the exception of a strong increase in the average sale price. Good news!!

We are always happy to provide more detailed information about home sales in this area or anywhere else in Central Ohio. Call Eric anytime at 614-402-8335!

All statistics are based on sales through the Columbus Board of Realtors Multiple Listing Service.

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