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| 1497 S. Wild Turkey Dr. in Potter's Grove was listed for sale on Nov. 21, for $184,900. |
Central
Ohio home sales are on track to be the second highest year ever,
despite the decrease in inventory according to the Columbus REALTORS®
Multiple Listing System (MLS). So far there have been 23,292 homes
and condos sold this year between January 1 and October 31. The
current record for the first ten months of the year is 23,540 back in
2005. The 2,032 homes and condos sold in October fell 2.1 percent
from the previous year (2,075).
Licking
County saw 172 single family and condominium home sales in Oct. 2013,
a 6.8 percent increase from Oct. of 2012, when 161 homes sold. In
Licking
County, 1,689 homes sold from Jan. - Oct. 2013, up 18.9% from the
same period last year.
In addition to the increase in sales, home prices continue to rise slightly. The average sold price for Licking County homes sold for Jan. to Oct. 2013 was $151,116, up 3.4% from the same period last year. The average sold price was $151,351 in Oct. 2013, a 12.6% increase from Oct. 2012, when the average sold price was $134,411.
The average days on market for a Licking County house until sale was 83 days, from Jan. - Oct. 2013, down 15.3%, or 15 days compared to the same time period last year.
The number of Licking County home listings coming on the market as a new listing for Oct. 2013 was 227, up 1.3% from Oct. 2012, when there were 224 new listings. For Jan. - Oct. 2013, there have been 2,835 new listings in Licking County, up 15.1% from the same period last year
The
number of Licking County home listings going in contract in Oct.
2013, totaled 180 homes.
The
inventory of homes for sale in Licking County in Oct. 2013 was 1,048,
with 6.4 months supply of inventory.
