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499 N. 12th St. Newark, OH was listed for sale on Sept. 23, 2016. |
Licking County’s average home sold price was $174,718 from
January through August of this year, up 3.3% over the first eight months of
2015. There were 1,657 existing homes and condominiums sold in this year’s first
eight months, up 8% from the same period last year when there were 1,534 homes
sold, according to the Columbus REALTORS Multiple Listing Service.
"We
continue to see growth in the average sales price and number of sales in the
Licking County market," said 2016 Licking County Board of REALTORS
President Lisa Stewart. "We have a very vibrant market where the average
days on market remains short, along with low interest rates giving buyers more buying power ."
The inventory of homes and condos for sale in Licking County
was 570 at the end of August, with a 2.7 month’s supply of inventory. There
were 288 new listings that came onto the market in August.
The average sale price of a Licking County home during the
month of August was $180,440, which is a 1.3% gain over August 2015. There were 219 homes sold in Licking County in
August, a .5% increase over August 2015. Homes sold in August, spent an average
of 48 days on market (from listing to close), down 21.3% from 61 days in August
2015. Homes going into contract totaled 269 in August.
The
statistics are provided by the Columbus Realtors® Multiple Listing Service
(MLS). Licking County Board of REALTORS
is an organization that unites REALTORS®, local businesses, and our communities
by providing a high standard of ethics, education and leadership to its
members. LCBR is a member of the Ohio
Association of REALTORS and the National Association of REALTORS.