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| 42 Maureen Dr. in Heath was sold in July with Century 21 Frank Frye Real Estate. |
Licking County’s average home sold price was $173,959 from
January through July of this year, up 3.7% over the first seven months of 2015.
There were 1,430 existing homes and condominiums sold in this year’s first seven
months, up 8,8% from the same period last year when there were 1,314 homes sold,
according to the Columbus REALTORS Multiple Listing Service.
"Our
Licking County housing market continues to grow both in average sale price and
number of homes sold," said 2016 Licking County Board of REALTORS President
Lisa Stewart. "This is a great time to be in the housing market. On
average, homes are selling quickly and interest rates are still historically
low."
The inventory of homes and condos for sale in Licking County
was 578 at the end of July, with a 2.8 month’s supply of inventory. There were 302
new listings that came onto the market in July.
The average sale price of a Licking County home during the
month of July was $185,222, which is a 7.8 percent gain over July 2015.
There were 240 homes sold in Licking County in
July, a 4.8 percent decrease over July 2015. Homes sold in July, spent an
average of 35 days on market (from listing to close), down 37.5% from 56 days
in June 2015. Homes going into contract totaled 287 in July.
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.
