Columbus: There are approximately 3746 single family and condominium properties for sale. Average list price for homes currently for sale is $149,599, with an average of 138 days on market for the active properties. There are 1069 homes in contract or contingent status.
Home sales dipped slightly in August while inventory, average sales prices and days on market all showed important signs of a healthy housing market.
August home sales were off by 7.9 percent compared to August 2008, with a total of 1,994 sold, while inventory and the average days on market both declined.
The average sales price in the Columbus area MLS crept up in August to $168,873, from an average of $167,039 in July and was down only 3.8 percent compared to August 2008.
Affordable pricing, historically low interest rates and incentives including the $8,000 first-time homebuyer tax credit are all positively impacting the central Ohio housing market. Pricing has remained consistent this summer while inventory and the length of time homes are for sale is trending downward, illustrating how competitively-priced homes are keeping central Ohio's housing market balanced.
With 14,554 homes on the market in August, it marked a 14.2 percent decrease from August 2008 and a 26.4 percent decrease from August 2007, illustrating the market's continued correction
New listings were down 20.9 percent compared to last August.
The number of days homes are staying on the market has decreased significantly. At an average 92 days, it is at its lowest point since July 2006, which was also at an average of 92 days.
The average sales price is down less than 4 percent compared to last year, while homes are, on average, selling quicker. These factors, combined with a dramatic drop in inventory have helped stabilize prices, and hopefully restore consumer confidence.
The month's supply number for August continued to remain favorable at 7.3, meaning that if no new homes were added to the market, it would take slightly more than seven months to sell all remaining inventory. A market is typically considered balanced with around a 6.5 to 7 month supply.
Approximate Location Boundaries: Report is for the Columbus MLS Area, including the surrounding communities
About Roberta Kayne:
Roberta Kayne has been in the real estate business for over 6 years. Roberta is known for her honesty, integrity, empathy and understanding. Roberta has several guarantees which make her unique in the market:
All of My Services Are Backed Up By No-Risk Guarantees! No-Risk Guarantees: * Easy Exit Guarantee – You Can Fire Me At Any Time
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Testimonials:
"Roberta rocks! She saved me a ton of time and effort; responded quickly, with quality info; and is a classy and fun lady to do business with. I can’t recommend her highly enough! If you need a real estate agent and come across Roberta Kayne, you’d be an idiot not to snatch her up on the spot....". P. Hinrichsen, Dublin, OH
"Roberta, We will remember you as someone who went above and beyond the norm to help us out in a difficult situation. After languishing on the market for over two years (with another real estate company), you were able to take charge and close the deal in a few months! Even though we never met you in person, we will remember you when we think back over our years in Columbus. You are the first and only person we would recommend for real estate transactions in the Columbus.area. You did a great job for us in a market that was down and in an area where there was a lot of competition. Thanks ever so much!".... Jack & Ann Petro, Raleigh, North Carolina
For more testimonials go to www.RobertaKayne.com and click on Testimonials...
More about Roberta Kayne: CORE VALUES Honesty & Integrity at all times and in all situations. Continually improve my services to exceed our client’s expectations. Create and nurture a fun, exciting, creative and productive work environment. Tirelessly pursue personal & team growth while reaching well-formulated goals. Work with only the most enjoyable and motivated clients and co-workers.
PROFESSIONAL AWARDS & AFFILIATIONS Re/Max Presidents Club Re/Max Affiliates “Rising Star” Award HER Real Living Brass Award Member National Association of Realtors (NAR), Ohio Association of Realtors (OAR) & Columbus Board of Realtors (CBR) Member Greater Dublin, Hilliard & Powell Real Estate Associations Member Dublin Chamber of Commerce Member National Association of Women Business Owners (NAWBO) Member Women for Economic Leadership & Development (WELD) Member eWomenNetworking
PROFESSIONAL EDUCATION & DESIGNATIONS Certified Residential Specialist (CRS) (less than 4% of Realtors have this designation) Accredited Buyer Representative (ABR) Residential Relocation Specialist (RRS) Todd Bates Boot Camp & Master Your Marketing Curriculum & Coaching Richard Robbins Summit Graduate Hondros College Real Estate
BUSINESS EXPERIENCE Over 6 years in Residential Real Estate Over 20 years experience in Property Management of Hotels, Malls and Offices Seven Years as Co-Owner and Manager of Drain-It Plumbing, Houston, TX Extensive experience in Budgeting, Finance, Accounting and Human Resources
COMMUNITY INVOLVEMENT & PERSONAL INTERESTS Children’s Hospital Volunteer Member Dublin AM Rotary - Board of Directors – Communications Chair, Literacy Committee Dublin Chamber of Commerce Ambassador Emerald Ball Committee (Fundraiser for Dublin Foundation) Photographer - Published Photos of Snakes & Landscapes & Local Shows of Photographs Walking & Hiking Working on a Poetry/Photo Book – “Poetic Justice” to be published in 2009
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
