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| This condo at 88 Stonington Circle Sold for $117,500 in Oct. |
In Licking County, the average home sales sold price was $148,048 from Jan. - Sept. this year, up 7 percent from the same period last year. Also, 1,252 homes sold in Licking County from Jan. - Sept. this year, which is 13.1 percent more than the same period last year. Licking County homes which went into contract for sale from Jan. - Sept. totaled 1,442, which is a 24.4 percent increase from the same period last year, when 1,159 homes went into contract.
In Licking County, the average home sales sold price was $154,823 in Sept., up 25.8 percent from Sept. 2011. Also, 147 homes sold in Licking County in Sept., which is five sold homes more than Sept. 2011. Licking County homes which went into contract for sale in Sept. totaled 185, which is a 39.1 percent increase from Sept. 2011, when 133 homes went into contract.
The number of houses for sale in Licking County now stands at just over 1,018, which is 26.9 percent less than one year ago when 1,392 homes were for sale. Months of existing home inventory has decreased due to improved sales activity this year. At the current sales pace, there are 7.2 months of existing home supply on the market compared to 11.6 months supply this time last year, a 37.9% decrease.
In Licking County, the average days on market until sale was 99 days, from Jan. - Sept. this year, up three days from the same period last year.
All statistics are provided by the Columbus Board of REALTORS®.
