We’re starting a new year in this edition of the Columbus Housing Market Update, with new January 2013 data now available!
Note: LSD= Local School District, CSD= City School District. In both cases, school district boundaries differ from city boundaries.
Top 15 Most Expensive Locations By Median Sales Price in January 2013
1. New Albany: $447,500
2. Powell: $342,500
3. Upper Arlington CSD: $320,000
4. New Albany Plain LSD: $314,400
5. Dublin: $284,00
6. Bexley: $269,950
7. Olentangy LSD: $250,101
8. German Village: $241,618
9. Worthington: $228,938
10. Grandview Heights: $223,000
11. Downtown: $210,000
12. Granville CSD: $207,000
13. Dublin CSD: $190,450
14. Big Walnut LSD: $187,000
15. Marysville CSD: $182,000
New Albany continued to be the most expensive market.
Top 15 Least Expensive Locations by Median Sales Price in January 2013
1. Whitehall: $29,750
2. Hamilton LSD: $54,500
3. Columbus CSD: $68,500
4. Groveport Madison LSD: $70,000
5. Lancaster CSD: $71,250
6. Valleyview: $79,850
7. Newark CSD: $84,500
8. Reynoldsburg CSD: $94,500
9. Columbus: $95,000
10. Jefferson LSD: $95,000
11. South-Western CSD: $103,000
12. Circleville CSD: $109,000
13. Canal Winchester CSD: $112,000
14. Pataskala: $120,000
15. London CSD: 122,000
Whitehall was by far the cheapest market to buy into this month.
Overall Market Median Sales Price in January 2013: $120,885
Top 15 Locations with the Highest Median Sales Price % Growth Between January 2012 and January 2013
1. Newark CSD: +83.3%
2. Valleyview: +76.5%
3. Lithopolis: +71.1%
4. Circleville CSD: +61.4%
5. Groveport Madison LSD: +60.9%
6. Marysville CSD: +38.8%
7. London CSD: +34.8%
8. New Albany: +29.7%
9. Columbus CSD: +28.0%
10. Grandview Heights: +27.4%
11. Columbus: +26.7%
12. Upper Arlington CSD: +24.3%
13. Downtown: +19.3%
14. Sunbury: +18.4%
15. South-Western CSD: +16.1%
Downtown and Columbus overall made the top markets for appreciation in the past year.
Top 15 Locations with the Lowest Median Sales Price % Growth Between January 2012 and January 2013
1. Granville CSD: -50.7%
2. Jonathan Alder LSD: -33.0%
3. Westerville: -29.2%
4. Dublin CSD: -23.3%
5. Hamilton LSD: -21.6%
6. Jefferson LSD: -20.8%
7. Big Walnut LSD: -19.7%
8. Bexley: -17.6%
9. Gahanna: -17.0%
10. Johnstown Monroe LSD: -16.2%
11. Westerville CSD: -14.8%
12. Worthington CSD: -12.5%
13. German Village: -10.5%
14. Grove City: -6.4%
15. Whitehall: -4.9%
Overall Market Median Sales Price % Change January 2012 vs. January 2013: +8.6%
Top 10 Locations with the Most New Listings in January 2013
1. Columbus: 957
2. Columbus CSD: 605
3. South-Western CSD: 210
4. Olentangy LSD: 146
5. Hilliard CSD: 126
6. Westerville CSD: 109
7. Dublin CSD: 94
8. Pickerington LSD: 81
9. Grove City: 66
10. Groveport Madison LSD: 65
Top 10 Locations with the Fewest New Listings in January 2013
1. Valleyview: 1
2. Minerva Park: 1
3. Lithopolis: 2
4. Jefferson LSD: 3
5. Obetz: 6
6. Jonathan Alder LSD: 8
7. Grandview Heights: 9
8. Sunbury: 10
9. Johnstown Monroe LSD: 10
10. Hamilton LSD: 12
11. Whitehall: 15
Total New Listings in the Columbus Metro in January 2013: 2,388
Overall Metro New Listings % Change January 2012-January 2013: -3.7%
This month, prices increased as overall supply slipped.
For more information on the local market, go here: Columbus Realtors