Tuesday, November 20, 2012

Home Sales Are Up 15.3% Over Last Year

This Heath home sold in October.
       Licking County home sales were up in October and are up 15.3 percent over last year.

     The 156 homes sold in October marks a 32.2 percent increase over the 118 homes sold in October 2011. Year to date, 1,412 homes sold in Licking County from Jan. to Oct., up 15.3 percent over the 1,225 homes sold over the same period last year.

     Licking County homes put in contract in October (186) were up 36.8 percent over a year ago.

     The average sale price for Licking County’s single family homes and condominiums year to date is $146,962, up 6.4 percent from homes sold January through October 2011.

     The average days on market for a house until sale is 97 days, up from 96 days one year ago. The inventory of homes for sale in Licking County is down 23.9 percent from last year with 981 homes for sale through the end of October. The months supply of inventory is down 32.6 percent from last year at 7.4 months supply.

     All statistics are provided by the Columbus Board of REALTORS.