Market Conditions for Westerville, Ohio Reported by Andrew Show, CEBA, ABR, ABRM, CSP, e-PRO Updated November 9, 2009.

Current Market Rating: 1 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 3 1 2 3 4 5 Falling Rising

Westerville City Limits
Comparing 2009 to 2008 September 30 YTD statistics

New Listings down 15.16%

Under Contract down 41.64%

Sold Homes down 15.71%

Average Sold Price 2009 = $192,652 down 4.70%

Percentage of sold price to list price:
2009 = 95.88% down 0.95%

The City of Westerville (population 36,000) offers the charm of a small community with a dynamic environment for businesses which are located here. The character and charm of Westerville's unique "Uptown District" speaks to the pride and preservation of its past, and new residential and business developments are proof of effective planning for the future.

This northeast suburb of Columbus is one of the better areas for appreciation and community activities, with two reservoirs nearby for boating and recreational activities. Westerville is proud of its focus on education, its low crime rate and high safety standards, its dynamic commercial trade, and its strong sense of community. Located fifteen minutes from downtown Columbus and twelve minutes from Columbus airport, Westerville is centrally located.

Public Education
The Westerville City Schools' (Telephone 614-895-6080) mission is to produce creative, confident, and independent citizens. The number one priority of the schools is to improve student achievement. Over 14,100 students are enrolled in grades Kindergarten through 12. Westerville has 16 elementary schools (including three magnet schools), 4 middle schools and 3 high schools.

Westerville City Schools are repeatedly recognized for having "What Parents Want" by School/Match, Inc. and are the recipients of 15 BEST (Building Excellent Schools for Today and the 21st Century) awards for innovative educational programs, as well as three Seeds of Change awards and a Pacesetter designation. Approximately 60% of Westerville High School graduates go on to post-secondary schooling and the award-winning School-to-Work and Tech Prep programs build strong ties between education and the community.

Housing
Demand is stronger under $240,000, but higher price points are soft.

Westerville Links
Westerville City Schools http://www.westerville.k12.oh.us/

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ZIP Codes: 43081, 43082

Approximate Location Boundaries: Westerville is located in the northeast corner of bustling Franklin County. Founded in 1818 by a group of New England settlers, Westerville proudly blends its historic legacy with an exciting future. Charming brick sidewalks and Victorian storefronts greet customers in the restored "Uptown" district, and new business developments thrive at the city's outskirts.

Location Characteristics: This northeast suburb of Columbus is one of the better areas for appreciation and community activities, with two reservoirs nearby for boating and recreational activities.

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