Monday, August 25, 2014

LC Home Sales Prices Continue to Rise!

9128 Linnville Rd. Newark was listed for $200,000 in July by CENTURY 21 Frank Frye Real Estate. It has 5 acres, scenic views, updated kitchen, 3 bedrooms, 2 full baths, enclosed porch, a basement, and more!
Licking County's home sales prices continue to increase. The average sold price for Licking County homes sold January to July, was $161,469, an 8.2 percent increase over the same period last year.

Licking County saw 1,145 single family and condominium homes sell from Jan. through July this year, a 1.6 percent decrease over the same period last year.

New listings are down this year, with 1,890 homes coming on the market from Jan. through July, down 9.9 percent from the same period last year.

The average days on market for a house until sale from Jan. to July was down 2.2 percent, to 89 days on market, compared to 91 days the same period last year.

The inventory of homes for sale is 1,020, with a 6.0 month’s supply of inventory.

The statistics are provided by the Columbus Realtors.