Home Sales continue to rise in Licking County and Central Ohio

18 Monroe Ave. Newark was listed for sale, at $87,900, in Jan. 2013.

Central Ohio home sales during the first month of 2013 were the highest for January since 2007 just before the housing market began to feel the effects of the economic recession. The 1,374 closings exceeds the previous year by 20.4 percent (1,141) according to the Columbus Board of REATORS®.

Licking County saw 98 single family and condominium home sales in Jan. 2013, up 21 percent from Jan. 2012. The average sold price for Licking County homes sold in Jan. 2013 was $127,422, up 4.4 percent over Jan. 2012. The average days on market for a house until sale was down 15.6 percent at 90 days in Jan. 2013, compared to 107 days in Jan. 2012.

The number of Licking County home listings coming on the market as a new listing in Jan. 2013 totaled 200, down 8.7 percent with 219 new home listings in Jan. 2012. The number of Licking County home listings going in contract in Jan. 2013 totaled 154 homes. The inventory of homes for sale in Licking County in Jan. 2013 was 826, with 5.8 months supply of inventory.

Realtor Ed Hutchison Earns Top Honors

Realtor Ed Hutchison

CENTURY 21 Frank Frye Real Estate has named REALTOR® Ed Hutchison as its top Sales Associate of the Month for January. REALTOR® Beverly Vermillion was named Second Sales Associate, and REALTOR® Ric Lahmers was named Third Sales Associate.

The awards are based on monthly sales volume.

CENTURY 21 Frank Frye Real Estate is a full service real estate company serving all of Licking County, and has been located in historic downtown Newark since 1977.