Category Archives: Columbus Real Estate

Columbus Housing Market September 2013

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Columbus housing market September 2013

According to Columbus Realtors, September continued one of the Columbus area’s longest positive streaks when it came to housing sales, although sales were down a bit from earlier this year. Overall, sales were up 13.1% and prices were up 4.2%.

For the housing report, I look at the 21 major areas of the Franklin County area (11 urban, 10 suburban). Here is what the September market looked like.

Top 10 September Sales Totals
1. Columbus: 820
2. Dublin: 72
3. Westerville: 59
4. Upper Arlington: 53
5. Grove City: 49
6. Hilliard: 49
7. Clintonville: 47
8. Gahanna: 45
9. Reynoldsburg: 34
10. Canal Winchester: 29

Top 10 September Sales Increases Over September 2012
1. Whitehall: +142.9%
2. Westerville: +96.7%
3. Obetz: +66.7%
4. Canal Winchester: +38.1%
5. Reynoldsburg: +36.0%
6. Pataskala: +35.7%
7. Grove City: +32.4%
8. Gahanna: +28.6%
9. New Albany: +28.6%
10. Minerva Park: +25.0%

Top 10 Total YTD Sales Through September
1. Columbus: 8,019
2. Dublin: 636
3. Upper Arlington: 588
4. Clintonville: 554
5. Westerville: 495
6. Grove City: 487
7. Hilliard: 460
8. Gahanna: 414
9. Reynoldsburg: 381
10. Pickerington: 254

Top 10 YTD Sales Increases Through over September 2012
1. Minerva Park: +47.6%
2. Whitehall: +45.9%
3. Hilliard: +36.1%
4. Pataskala: +33.1%
5. Westerville: +33.1%
6. Bexley: +32.4%
7. Gahanna: +31.8%
8. Reynoldsburg: +31.8%
9. Clintonville: +28.5%
10. German Village: +27.6%

Average Sales September 2013
Urban: 91.6
Suburban: 39.2
Urban without Columbus: 18.8

Average % Change September 2013 vs. September 2012
Urban: +10.6%
Suburban: +30.3%
Urban without Columbus: +10.5%

Average Sales YTD Through September
Urban: 923.2
Suburban: 370.1
Urban without Columbus: 213.6

Average % Change YTD vs. YTD 2012 (Through September)
Urban: +19.2
Suburban: +24.7%
Urban without Columbus: +18.5%

Top 10 Average Sales Price September 2013
1. New Albany: $512,564
2. Upper Arlington: $402,771
3. Dublin: $359,925
4. Bexley: $293,331
5. Downtown: $259,331
6. Grandview Heights: $244,433
7. German Village: $235,557
8. Worthington: $234,716
9. Hilliard: $220,823
10. Clintonville: $206,610

Top 10 Average Sales Price % Increases vs. September 2012
1. Whitehall: +99.3%
2. Obetz: +98.1%
3. Minerva Park: +51.3%
4. Upper Arlington: +20.6%
5. New Albany: +20.2%
6. Gahanna: +18.5%
7. Dublin: +13.5%
8. Hilliard: +10.5%
9. Pickerington: +10.2%
10. Reynoldsburg: +9.4%

Top 10 Average Sales Price YTD
1. New Albany: $543,445
2. Upper Arlington: $364,187
3. Bexley: $347,444
4. Dublin: $333,741
5. German Village: $302,753
6. Downtown: $281,729
7. Worthington: $246,663
8. Grandview Heights: $222,115
9. Hilliard: $219,302
10. Gahanna: $201,444

Top 10 Average YTD Sales Price % Change vs. YTD 2012
1. Whitehall: +23.2%
2. Minerva Park: +18.2%
3. Downtown: +13.5%
4. Upper Arlington: +13.3%
5. Gahanna: +12.9%
6. Reynoldsburg: +9.6%
7. New Albany: +9.4%
8. Canal Winchester: +6.6%
9. Bexley: +6.0%
10. Worthington: +5.7%

Average Price September 2013
Urban: $210,653
Suburban: $222,473
Urban without Columbus: $219,161

Average Price % Change vs. September 2012
Urban: +23.7%
Suburban: +7.7%
Urban without Columbus: +25.9%

Average Price YTD
Urban: $215,336
Suburban: $223,809
Urban without Columbus: $224,046

Average Price % Change YTD vs. YTD 2012
Urban: +6.2%
Suburban: +5.2%
Urban without Columbus: +6.4%

Top 10 Fastest Selling Markets September (based on # of Days listings sell)
1. Worthington: 26
2. Minerva Park: 29
3. Clintonville: 34
4. Obetz: 34
5. Upper Arlington: 34
6. Hilliard: 41
7. Westerville: 42
8. New Albany: 44
9. Pickerington: 45
10. Whitehall: 45

Top 10 Fastest Selling Markets YTD
1. Worthington: 37
2. Upper Arlington: 45
3. Grandview Heights: 48
4. Clintonville: 52
5. Hilliard: 53
6. Westerville: 53
7. Bexley: 58
8. Gahanna: 58
9. Dublin: 61
10. Grove City: 61

Average # of Days before Sale, September 2013
Urban: 48.0
Suburban: 51.8
Urban without Columbus: 47.1

Average # of Days before Sale, YTD
Urban: 60.7
Suburban: 61.1
Urban without Columbus: 60.3

Top 10 Lowest Housing Supplies (based on # of months to sell all listings), September 2013
1. Worthington: 1.9
2. Upper Arlington: 2.3
3. Bexley: 2.4
4. Hilliard: 2.6
5. Westerville: 2.6
6. Clintonville: 2.7
7. Grandview Heights: 2.9
8. Gahanna: 3.2
9. Dublin: 3.4
10. Whitehall: 3.7

Average # of Months to Sell All Listings
Urban: 3.5
Suburban: 4.1
Urban without Columbus: 3.4

Average % Change of Single-Family Home Sales, September 2013 vs. September 2012
Urban: +23.7%
Suburban: +31.0%
Urban without Columbus: +24.7%

Average % Change of Condo Sales, September 2013 vs. September 2012
Urban: -23.5%
Suburban: +48.4%
Urban without Columbus: -25.3%

Average % Change of Single-Family Home Sales YTD vs. YTD 2012
Urban: +13.0%
Suburban: +24.7%
Urban without Columbus: +11.7%

Average % Change of Condo Sales YTD vs. YTD 2012
Urban: +35.8%
Suburban: +26.2%
Urban without Columbus: +36.7%



Columbus Housing Market August 2013

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Columbus housing market August 2013

The Columbus housing market August 2013 data from Columbus Realtors shows that the area continued hot, with record August sales and potentially a record year still in the making. For the region, sales were up 11% for August and are were up almost 23% for the first 8 months of the year.

I looked at the 21 major areas of Franklin County (11 urban, 10 suburban). Here is what the August market looked like.

Top 10 August Sales Totals
1. Columbus: 1,027
2. Upper Arlington: 82
3. Dublin: 78
4. Clintonville: 75
5. Grove City: 72
6. Hilliard: 66
7. Westerville: 61
8. Gahanna: 52
9. Worthington: 37
10. Reynoldsburg: 35

Top 10 August Sales Increases Over August 2012
1. Minerva Park: +400.0%
2. Downtown: +66.7%
3. Gahanna: +48.6%
4. Upper Arlington: +34.4%
5. German Village: +25.0%
6. Clintonville: +21.0%
7. Grove City: +20.0%
8. Westerville: +15.1%
9. Columbus: +12.6%
10. Whitehall: +12.5%

Top 10 Total YTD Sales Through August
1. Columbus: 7,149
2. Dublin: 561
3. Upper Arlington: 533
4. Clintonville: 505
5. Grove City: 437
6. Westerville: 436
7. Hilliard: 409
8. Gahanna: 369
9. Reynoldsburg: 346
10. Pickerington: 236

Top 10 YTD Sales Increases Through over August 2012
1. Minerva Park: +52.9%
2. Whitehall: +37.4%
3. Hilliard: +37.2%
4. German Village: +34.5%
5. Bexley: +33.3%
6. Gahanna: +32.3%
7. Downtown: +31.7%
8. Clintonville: +31.2%
9. Pataskala: +31.1%
10. Reynoldsburg: +31.1%

Average Sales August 2013
Urban: 121.3
Suburban: 44.9
Urban without Columbus: 30.7

Average % Change August 2013 vs. August 2012
Urban: +49.5%
Suburban: -0.3%
Urban without Columbus: +53.2%

Average Sales YTD Through July
Urban: 826.2
Suburban: 330.0
Urban without Columbus: 193.9

Average % Change YTD vs. YTD 2012 (Through August)
Urban: +21.2%
Suburban: +24.0%
Urban without Columbus: +20.6%

Top 10 Average Sales Price August 2013
1. New Albany: $563,743
2. Upper Arlington: $391,739
3. Bexley: $379,746
4. Dublin: $316,481
5. Downtown: $280,630
6. German Village: $280,037
7. Worthington: $263,934
8. Grandview Heights: $240,743
9. Hilliard: $225,476
10. Canal Winchester: $197,671

Top 10 Average Sales Price % Increases vs. August 2012
1. Canal Winchester: +32.8%
2. Bexley: +27.4%
3. Pataskala: +19.0%
4. Worthington: +18.0%
5. Upper Arlington: +14.4%
6. Reynoldsburg: +11.1%
7. Columbus: +10.4%
8. New Albany: +8.8%
9. Gahanna: +5.4%
10. Hilliard: +3.5%

Top 10 Average Sales Price YTD
1. New Albany: $546,941
2. Upper Arlington: $360,574
3. Bexley: $352,910
4. Dublin: $330,887
5. German Village: $306,121
6. Downtown: $283,942
7. Worthington: $247,084
8. Grandview Heights: $222,795
9. Hilliard: $219,123
10. Gahanna: $200,988

Top 10 Average YTD Sales Price % Change vs. YTD 2012
1. Whitehall: +16.7%
2. Downtown: +15.5%
3. Upper Arlington: +12.6%
4. Gahanna: +12.3%
5. Minerva Park: +12.2%
6. Reynoldsburg: +9.6%
7. New Albany: +8.7%
8. Canal Winchester: +7.3%
9. Bexley: +6.2%
10. Worthington: +5.1%

Average Price August 2013
Urban: $223,076
Suburban: $230,864
Urban without Columbus: $231,445

Average Price % Change vs. August 2012
Urban: +1.4%
Suburban: +6.9%
Urban without Columbus: +0.5%

Average Price YTD
Urban: $215,558
Suburban: $224,012
Urban without Columbus: $224,254

Average Price % Change YTD vs. YTD 2012
Urban: +4.9%
Suburban: +4.9%
Urban without Columbus: +4.9%

Top 10 Fastest Selling Markets August 2013 (based on # of Days listings sell)
1. Gahanna: 32
2. Obetz: 32
3. Whitehall: 36
4. Bexley: 37
5. Upper Arlington: 37
6. Clintonville: 41
7. Worthington: 41
8. Grandview Heights: 42
9. Hilliard: 43
10. Westerville: 48

Top 10 Fastest Selling Markets YTD
1. Worthington: 38
2. Upper Arlington: 45
3. Grandview Heights: 46
4. Clintonville: 54
5. Hilliard: 55
6. Westerville: 55
7. Gahanna: 58
8. Bexley: 59
9. Dublin: 60
10. Grove City: 63

Average # of Days before Sale, August 2013
Urban: 49.4
Suburban: 66.8
Urban without Columbus: 48.6

Average # of Days before Sale, YTD
Urban: 62.7
Suburban: 62.4
Urban without Columbus: 62.4

Top 10 Lowest Housing Supplies (based on # of months to sell all listings), August 2013
1. Worthington: 2.1
2. Bexley: 2.3
3. Clintonville: 2.5
4. Grandview Heights: 2.5
5. Hilliard: 2.5
6. Westerville: 2.7
7. Upper Arlington: 2.8
8. Gahanna: 3.1
9. Dublin: 3.3
10. Pickerington: 3.9

Average # of Months to Sell All Listings
Urban: 3.6
Suburban: 4.1
Urban without Columbus: 3.5

Average % Change of Single-Family Home Sales, August 2013 vs. August 2012
Urban: +32.0%
Suburban: -1.8%
Urban without Columbus: +34.0%

Average % Change of Condo Sales, August 2013 vs. August 2012
Urban: +65.5%
Suburban: +51.0%
Urban without Columbus: +70.3%

Average % Change of Single-Family Home Sales YTD vs. YTD 2012
Urban: +12.9%
Suburban: +23.8%
Urban without Columbus: +11.5%

Average % Change of Condo Sales YTD vs. YTD 2012
Urban: +44.3%
Suburban: +29.5%
Urban without Columbus: +45.8%



Downtown Columbus Parking

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Downtown Columbus parking Columbus, Ohio

Downtown Columbus parking is a problem… in that there is far too much of it. It’s long been common knowledge that Downtown had an abundance of parking lots and garages, but I’ve never seen it actually mapped or counted before. The following Google map shows what’s long been known in a bit more graphic detail.

http://goo.gl/maps/hWkCf”>Downtown Parking

Red pins are surface parking lots and blue pins are parking garages. I only tried to count surface lots with 10 spaces or more, and they could be city, business or other types of lots. Lots currently being developed were not counted, nor were underground garages.

The final tally? 310 surface lots and 27 garages! Remember that the next time someone says they can’t find somewhere to park Downtown.

Major Ohio State Housing Project

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Ohio State University has been engaged in long-term housing developmentand improvements on its campus for a few years now, and is set to begin the next and largest phase to date.

The first phase along W. 11th Avenue, called the South Campus High Rise Renovation and Addition Project, is nearing completion. The $171 million project began in 2010 and focused on Stradley, Smith, Park, Steeb and Siebert Halls. The residential buildings, which were all constructed between 1957 and 1960, would see major changes.

-New 12-story additions would connect Park with Stradley and Steeb to Smith.
-10-story Siebert Hall would receive a major renovation.

Major Ohio State housing project Columbus, Ohio

Rendering of the additions between Park/Stradley and Steeb/Smith.


In addition to the building additions, air conditioning, new elevators, lobbies and other improvements were made. The air conditioning was provided by drilling 450 geothermal wells. The additions would bring an additional 360 student beds.

Also renovated and added to was the William H. Hall housing complex at W. 11th and Worthington Street. Opened in August 2012, the building added 530 new beds.

The South Campus High Rise Renovation and Addition Project will ultimately add about 900 new student beds, but this is a far cry from the project just beginning along Lane Avenue.

Announced around the same time as SCHRRAP, the North Campus Residential District Project began just this past week. This project focuses on the large cluster of dorms and other buildings at the southwest corner of N. High Street and W. Lane Avenue. Most were built in the 1960s and 1970s and look it.

North Campus in 2013.


The image above shows how the area looks currently. As the key says, the buildings in red are scheduled to be demolished. The road that goes through the complex, Curl Drive, is also scheduled to be removed.

The image above shows the first phases of construction through Spring 2014. As you can see, there will be 3 main areas of construction during this period.
-A new dorm will be constructed at the southeast corner of W. Lane and Neil Avenues. This area is currently a surface parking lot.
-Scott Hall will be demolished and the site will be replaced with a much larger building.
-Raney Commons will be demolished, and site preparation will take place for new buildings, as well as removing Curl Drive and other infrastructure.
-Once site preparation is complete, 3 new dorm buildings will be constructed at the corner of N. High and W. Lane.

The last image above shows the final phase of construction, from Fall 2015 to Summer 2016. During this period, several changes take place.
-4 row homes along W. Lane will be demolished, as well as North Commons, Houck, Blackburn and Nosker Halls, the Royer Student Activities building and the Jones Pool.
-5 new buildings will be built in this area, as well as new addtions to Taylor, Jones and Drackett Halls.
-A central pedestrian corridor will be completed through the entire complex.
-High and Lane will be landscaped, and park spaces will be created throughout.

Final rendering.


In the end, 3,200 new beds will be created in the $370 million project. This will drastically change the look and feel of this area, and will continue to add density to the campus area, already Columbus’ most dense.



Columbus Housing Market July 2013

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Columbus housing market July 2013

In this edition of the Columbus Housing Market July 2013, we see from Columbus Realtorsthat the housing market has been pretty white hot, and metro area sales set monthly records in July with an increase over 28%. July also featured the 3rd highest sales of any month on record.

I looked at the 21 major areas of Franklin County (11 urban, 10 suburban). Here is what the July market looked like.

Top 10 July Sales Totals
1. Columbus: 1,055
2. Dublin: 95
3. Upper Arlington: 91
4. Clintonville: 85
5. Westerville: 68
6. Grove City: 66
7. Hilliard: 60
8. Reynoldsburg: 46
9. Gahanna: 42
10. Pickerington: 38

Top 10 July Sales Increases Over July 2012
1. Minerva Park: +300.0%
2. German Village: +154.5%
3. Grove City: +83.3%
4. Reynoldsburg: +70.4%
5. Canal Winchester: +60.0%
6. Whitehall: +55.6%
7. Pataskala: +41.2%
8. Clintonville: +37.1%
9. Columbus: +35.8%
10. New Albany: +32.0%

Top 10 Total YTD Sales Through July
1. Columbus: 6,072
2. Dublin: 480
3. Upper Arlington: 447
4. Clintonville: 423
5. Westerville: 375
6. Grove City: 363
7. Hilliard: 338
8. Gahanna: 315
9. Reynoldsburg: 310
10. Pickerington: 203

Top 10 YTD Sales Increases Through over July 2012
1. Whitehall: +42.7%
2. Hilliard: +42.0%
3. Bexley: +38.7%
4. Reynoldsburg: +36.6%
5. Pataskala: +35.9%
6. German Village: +34.7%
7. Pickerington: +34.4%
8. Minerva Park: +31.3%
9. Clintonville: +31.0%
10. Westerville: +29.8%

Average Sales July 2013
Urban: 124.7
Suburban: 50.4
Urban without Columbus: 31.7

Average % Change July 2013 vs. July 2012
Urban: +48.3%
Suburban: +35.0%
Urban without Columbus: +54.0%

Average Sales YTD Through July
Urban: 699.1
Suburban: 283.4
Urban without Columbus: 161.8

Average % Change YTD vs. YTD 2012 (Through July)
Urban: +19.7%
Suburban: +28.2%
Urban without Columbus: +18.8%

Top 10 Average Sales Price
1. New Albany: $563,891
2. Upper Arlington: $389,264
3. Bexley: $370,056
4. Dublin: $350,545
5. Downtown: $329,266
6. German Village: $325,721
7. Worthington: $272,706
8. Grandview Heights: $254,470
9. Hilliard: $240,506
10. Westerville: $209,706

Top 10 Average Sales Price % Increases vs. July 2012
1. Upper Arlington: +22.3%
2. Hilliard: +18.7%
3. Grandview Heights: +13.1%
4. Downtown: +12.5%
5. Pickerington: +12.4%
6. Pataskala: +11.6%
7. Canal Winchester: +11.3%
8. Worthington: +7.5%
9. Dublin: +6.7%
10. Columbus: +6.5%

Top 10 Average Sales Price YTD
1. New Albany: $545,545
2. Upper Arlington: $355,993
3. Bexley: $347,920
4. Dublin: $333,285
5. German Village: $310,179
6. Downtown: $285,807
7. Worthington: $243,009
8. Grandview Heights: $219,100
9. Hilliard: $218,104
10. Gahanna: $202,527

Top 10 Average YTD Sales Price % Change vs. YTD 2012
1. Whitehall: +33.5%
2. Downtown: +18.6%
3. Gahanna: +13.8%
4. Minerva Park: +13.0%
5. Upper Arlington: +12.4%
6. Reynoldsburg: +9.9%
7. New Albany: +9.1%
8. Hilliard: +5.5%
9. Gahanna: 5.0%
10. Canal Winchester: +4.9%

Average Price July 2013
Urban: $230,605
Suburban: $236,871
Urban without Columbus: $239,388

Average Price % Change vs. July 2012
Urban: +1.8%
Suburban: +6.3%
Urban without Columbus: +1.3%

Average Price YTD
Urban: $214,207
Suburban: $223,511
Urban without Columbus: $223,053

Average Price % Change YTD vs. YTD 2012
Urban: +6.3%
Suburban: +5.0%
Urban without Columbus: +6.6%

Top 10 Fastest Selling Markets July 2013 (based on # of Days listings sell)
1. Grandview Heights: 9
2. Obetz: 9
3. Hilliard: 25
4. Worthington: 26
5. Upper Arlington: 29
6. Bexley: 31
7. Westerville: 38
8. Reynoldsburg: 40
9. New Albany: 42
10. Clintonville: 44

Top 10 Fastest Selling Markets YTD
1. Worthington: 36
2. Grandview Heights: 47
3. Upper Arlington: 47
4. Clintonville: 56
5. Westerville: 56
6. Hilliard: 58
7. Dublin: 59
8. New Albany: 60
9. Gahanna: 62
10. Pataskala: 62

Average # of Days before Sale, July 2013
Urban: 49.8
Suburban: 48.7
Urban without Columbus: 48.8

Average # of Days before Sale, YTD
Urban: 64.6
Suburban: 62.3
Urban without Columbus: 64.4

Top 10 Lowest Housing Supplies (based on # of months to sell all listings), July 2013
1. Worthington: 1.9
2. Grandview Heights: 2.4
3. Upper Arlington: 2.4
4. Clintonville: 2.5
5. Hilliard: 2.7
6. Westerville: 2.8
7. Dublin: 3.1
8. Bexley: 3.2
9. Gahanna: 3.6
10. Downtown: 4.0

Average # of Months to Sell All Listings
Urban: 3.7
Suburban: 4.2
Urban without Columbus: 3.6

Average % Change of Single-Family Home Sales, July 2013 vs. July 2012
Urban: +55.0%
Suburban: +33.4%
Urban without Columbus: +58.0%

Average % Change of Condo Sales, July 2013 vs. July 2012
Urban: +78.4%
Suburban: +89.0%
Urban without Columbus: +82.3%

Average % Change of Single-Family Home Sales YTD vs. YTD 2012
Urban: +14.4%
Suburban: +28.5%
Urban without Columbus: +13.0%

Average % Change of Condo Sales YTD vs. YTD 2012
Urban: +42.8%
Suburban: +32.7%
Urban without Columbus: +44.0%

Seems like most areas are doing fairly well, including the urban core. Of course, these number do not measure rentals, which is what is really booming right now in the residential scene.