Housing Market Update January 2017




housing market update January 2017 Columbus, Ohio

The recent housing market update January 2017 edition information comes from Columbus Realtors.

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 2017
1. New Albany: $535,000
2. New Albany Plain LSD: $397,450
3. German Village: $376,000
4. Powell: $354,950
5. Dublin: $343,600
6. Granville CSD: $330,000
7. Bexley: $325,000
8. Upper Arlington CSD: $319,500
9. Olentangy LSD: $315,000
10. Big Walnut LSD: $306,250
11. Dublin CSD: $271,500
12. Worthington: $270,000
13. Buckeye Valley LSD: $259,000
14. Sunbury: $253,000
15. Downtown: $243,750

Top 15 Least Expensive Locations by Median Sales Price in January 2017
1. Obetz: $80,100
2. Hamilton LSD: $80,100
3. Whitehall: $85,950
4. Newark CSD: $86,900
5. Lancaster CSD: $103,000
6. Jefferson LSD: $123,000
7. London CSD: $124,000
8. Groveport Madison LSD: $125,900
9. Reynoldsburg CSD: $125,950
10. Columbus CSD: $129,900
11. South-Western CSD: $131,000
12. Columbus: $140,026
13. Jonathan Alder LSD: $150,000
14. Minerva Park: $159,500
15. Grove City: $160,950

Overall Market Median Sales Price in January 2017: $160,368
Median Sales Price Change January 2016-January 2016: +$3,172

Top 15 Locations with the Highest Median Sales Price % Growth Between January 2016 and January 2017
1. Whitehall: +69.5%
2. Circleville CSD: +64.9%
3. Sunbury: +63.0%
4. Jefferson LSD: +53.5%
5. Big Walnut LSD: +44.1%
6. Canal Winchester CSD: +40.9%
7. Westerville: +29.8%
8. Westerville CSD: +27.3%
9. Powell: +25.4%
10. Pataskala: +24.0%
11. Olentangy LSD: +23.5%
12. Gahanna Jefferson CSD: +21.8%
13. Grandview Heights: +21.2%
14. Granville CSD: +20.0%
15. Pickerington: +17.7%

Top 15 Locations with the Lowest Median Sales Price % Growth Between January 2016 and January 2017
1. London CSD: -53.5%
2. Obetz: -38.3%
3. Hamilton LSD: -27.1%
4. Jonathan Alder LSD: -25.2%
5. Buckeye Valley LSD: -23.0%
6. Reynoldsburg CSD: -18.7%
7. Hilliard: -17.7%
8. Lancaster CSD: -17.6%
9. Grove City: -15.3%
10. Dublin CSD: -12.8%
11. Johnstown-Monroe LSD: -10.8%
12. Upper Arlington CSD: -8.5%
13. Newark CSD: -8.1%
14. Dublin: -7.1%
15. South-Western CSD: -6.4%

Overall Market Median Sales Price % Change January 2016-January 2017: +2.0%

Top 10 Locations with the Most New Listings in January 2017
1. Columbus: 829
2. Columbus CSD: 544
3. South-Western CSD: 136
4. Olentangy LSD: 122
5. Westerville CSD: 100
6. Hilliard CSD: 94
7. Dublin CSD: 89
8. Worthington CSD: 66
9. Dublin: 64
10. Pickerington LSD: 60

Top 10 Locations with the Fewest New Listings in January 2017
1. Valleyview: 0
2. Lithopolis: 1
3. Minerva Park: 2
4. Sunbury: 2
5. Obetz: 3
6. Johnstown Monroe LSD: 5
7. Jefferson LSD: 8
8. Jonathan Alder LSD: 8
9. German Village: 8
10. Hamilton LSD: 8
11. Northridge LSD: 9

Total New Listings in the Columbus Metro in January 2017: 2,002
Overall Metro New Listings % Change January 2016-January 2017: -1.9%

Top 10 Fastest-Selling Locations by # of Days Homes Remain on the Market Before Sale in January 2017
1. Obetz: 18
2. Sunbury: 21
3. Pataskala: 22
4. Jefferson LSD: 26
5. Gahanna: 28
6. Minerva Park: 28
7. Delaware CSD: 29
8. Bexley: 31
9. Hilliard CSD: 31
10. Pickerington: 31
11. Worthington CSD: 31

Top 10 Slowest-Selling Locations by # of Days Homes Remain on the Market Before Sale in January 2017
1. Dublin: 96
2. New Albany: 93
3. Dublin CSD: 82
4. Powell: 80
5. Granville CSD: 79
6. Olentangy LSD: 78
7. Downtown: 77
8. Grandview Heights: 76
9. New Albany Plain LSD: 68
10. Canal Winchester CSD: 67
11. New Albany CSD: 65
12. Upper Arlington CSD: 62
13. Circleville CSD: 61
14. Johnstown Monroe LSD: 61
15. Hamilton LSD: 60

# of Days For-Sale Homes Remain on the Market Before Sale Across the Metro Overall: 51.6
Change in # of Days Before Sale January 2016-January 2017: -22.0



Top 10 Locations with the Greatest % Decline of # of Days on the Market Before Sale January 2016-January2017
1. Obetz: -89.2%
2. Pataskala: -64.5%
3. Whitehall: -64.3%
4. Circleville CSD: -56.1%
5. Gahanna: -53.3%
6. Grove City: -49.2%
7. Delaware CSD: -44.2%
8. Bexley: -40.4%
9. Pickerington LSD: -39.7%
10. Worthington CSD: -38.0%

Top 10 Locations with the Lowest % Decline of # of Days on the Market Before Sale January 2016-January 2017
1. German Village: +161.1%
2. Worthington: +123.8%
3. Powell: +77.8%
4. Grandview Heights: +46.2%
5. Big Walnut LSD: +41.5%
6. Minerva Park: +40.0%
7. Jonathan Alder LSD: +37.8%
8. Canal Winchester CSD: +31.4%
9. Marysville CSD: +28.3%
10. Johnstown Monroe LSD: +27.1%

% Change for the # of Days Homes Remain on the Market Before Sale Across the Metro Overall: -29.9%



Housing Market Update March 2013




housing market update March 2013

This Columbus housing market update for March 2013 includes an expansion of data, specifically the time it takes for homes to sell on the current market.

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 March 2013
1. New Albany: $471,000
2. Dublin: $330,000
3. Powell: $317,000
4. New Albany Plain LSD: $316,000
5. Upper Arlington CSD: $302,450
6. Olentangy LSD: $291,250
7. Granville CSD: $282,050
8. Downtown: $269,000
9. German Village: $267,250
10. Dublin CSD: $266,500
11. Hilliard: $250,000
12. Big Walnut LSD: $245,000
13. Buckeye Valley LSD: $243,000
14. Johnstown Monroe LSD: $207,250
15. Bexley: $205,000

Top 15 Least Expensive Locations by Median Sales Price in March 2013
1. Whitehall: $45,250
2. Obetz: $56,450
3. Groveport Madison LSD: $63,625
4. Hamilton LSD: $66,750
5. Columbus CSD: $85,000
6. Lancaster CSD: $89,550
7. Newark CSD: $89,900
8. South-Western CSD: $100,000
9. Columbus: $103,250
10. Sunbury: $106,900
11. Reynoldsburg CSD: $115,000
12. Jefferson LSD: $122,000
13. Blacklick: $123,500
14. London CSD: $128,000
15. Grandview Heights: $136,000

Whitehall was the cheapest market yet again, though its median prices have been going up slowly.

Overall Market Median Sales Price in March 2013: $139,028

Top 15 Locations with the Highest Median Sales Price % Growth Between March 2012 and March 2013
1. Minerva Park: +223.8%
2. Jonathan Alder LSD: +99.0%
3. Circleville CSD: +63.3%
4. Buckeye Valley LSD: +59.3%
5. Johnstown Monroe LSD: +53.5%
6. Reynoldsburg CSD: +47.4%
7. Hilliard: +47.1%
8. Downtown: +34.6%
9. Big Walnut LSD: +31.5%
10. Westerville CSD: +28.3%
11. Powell: +28.1%
12. Gahanna: +22.0%
13. Olentangy LSD: +18.4%
14. Marysville CSd: +14.8%
15. Worthington: +13.9%

Downtown continued to do well, but otherwise few places inside 270 did.

Top 15 Locations with the Lowest Median Sales Price % Growth Between March 2012 and March 2013
1. Grandview Heights: -43.7%
2. Sunbury: -42.6%
3. Obetz: -29.3%
4. Whitehall: -24.3%
5. Bexley: -21.1%
6. Lithopolis: -20.1%
7. Hamilton LSD: -15.8%
8. Blacklick: -12.0%
9. Pataskala: -9.2%
10. Delaware CSD: -5.3%
11. Gahanna Jefferson CSD: -5.1%
12. Beechwold/Clintonville: -4.1%
13. South-Western CSD: -2.9%
14. London CSD: -1.9%
15. Columbus CSD: -1.0%

Overall Market Median Sales Price % Change March 2012 vs. March 2013: +9.9%

Top 10 Locations with the Most New Listings in March 2013
1. Columbus: 1,309
2. Columbus CSD: 811
3. South-Western CSD: 221
4. Olentangy LSD: 197
5. Hilliard CSD: 195
6. Westerville CSD: 185
7. Dublin CSD: 140
8. Pickerington LSD: 100
9. Worthington CSD: 97
10. Dublin: 93

Top 10 Locations with the Fewest New Listings in March 2013
1. Valleyview: 1
2. Lithopolis: 2
3. Minerva Park: 4
4. Jefferson LSD: 6
5. Johnstown Monroe LSD: 8
6. Jonathan Alder LSD: 9
7. Obetz: 10
8. Hamilton LSD: 13
9. Grandview Heights: 14
10. Sunbury: 17
11. Circleville CSD: 17

Total New Listings in the Columbus Metro in March 2013: 3,222
Overall Metro New Listings % Change March 2012-March 2013: +0.2%

Prices were up almost 10% year over year for the month despite a small increase in overall supply.

Top 10 Fastest-Selling Locations by # of Days Homes Remain on the Market Before Sale in March 2013
1. Minerva Park: 3
2. Worthington: 29
3. Granville CSD: 35
4. Jonathan Alder LSD: 36
5. Upper Arlington CSD: 51
6. Downtown: 54
7. Pickerington: 54
8. Pickerington LSD: 60
9. Dublin CSD: 61
10. Grandview Heights: 63
11. Groveport Madison LSD: 63
12. Reynoldsburg CSD: 63
13. South-Western CSD: 63
14. Grove City: 65
15. Powell: 65

Top 10 Slowest-Selling Locations by # of Days Homes Remain on the Market Before Sale in March 2013
1. Bexley: 188
2. Circleville CSD: 168
3. Sunbury: 163
4. Lancaster CSD: 140
5. Big Walnut LSD: 129
6. Hilliard: 125
7. Lithopolis: 121
8. Newark CSD: 120
9. Obetz: 119
10. Gahanna: 117

The Columbus Realtors provides market condition reports going back many years.