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.

Licking County Home Sales Up 17% In 2012



1171 Cranwood Dr. Newark, OH went into contract after being on the market 18 days in December.



Central Ohio saw 22,915 single-family and condominium home sales in 2012, up 15.5 percent from the previous year, according to the Columbus Board of REALTORS®. This marks the highest number of residential home sales since 2007 – the end of the housing boom.

 

Licking County saw 1,697 single family and condominium home sales in 2012, up 17 percent from the previous year. The average sold price for Licking County homes sold in 2012 was $144,786, up 5.4 percent over 2011, when the average sold price was $137,415. The average days on market for a house until sale was 96 days in 2012, compared to 95 days the previous year.

 

The number of Licking County home listings coming on the market as a new listing in 2012 totaled 2,744, down slightly from the previous year. The number of Licking County home listings going into contract in 2012 totaled 1,823 homes. The inventory of homes for sale in Licking County was 835 homes for sale through the end of December, with 6.1 months supply of inventory.

CENTURY 21 Frye Announces Top Agents of December

Denise Keefe

CENTURY 21 Frank Frye Real Estate has named REALTOR® Denise Keefe as its top Sales Associate of the Month for December. REALTOR® Ric Lahmers was named Second Sales Associate, and REALTOR® Eric Hall 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.

Home Sales Show Healthy Gains

2258 Martinsburg Rd. Newark, OH sold for $129,000 in November.

November home sales in central Ohio showed healthy gains over last year. There were 1,923 residential sales during the month of Nov., a 30 percent increase from the 1,479 home sales in Nov. 2011, according to the Columbus Board of REALTORS®.

Licking County home sales are up 14.4 percent over last year. The 134 Licking County homes sold in Nov. marks a slight increase over homes sold in Nov. 2011. Year to date, 1,551 homes sold in Licking County from Jan. to Nov., up 14.4 percent over the 1,356 homes sold over the same period last year.

The average sale price for Licking County’s single family homes and condominiums year to date is $145,980, up 6.1 percent from homes sold Jan. to Nov. 2011. The average days on market for a house until sale is 99 days.

The number of Licking County home listings coming on the market as a new listing in Nov. totaled 109. The number of Licking County home listings going into contract in Nov. totaled 151 homes. The inventory of homes for sale in Licking County is 903 homes for sale through the end of Nov., with 6.6 months supply of inventory.

Here Comes the Boom!

Some experts are saying a housing boom is coming!

http://money.cnn.com/2012/10/12/news/economy/housing-boom/index.html?fb_action_ids=10151281885624532&fb_action_types=og.recommends&fb_source=aggregation&fb_aggregation_id=246965925417366

Housing Market Looking Good for 2013

The housing market is rebounding, and looking good for 2013, but the price still needs to be right.

http://money.cnn.com/2012/12/01/real_estate/housing-outlook-2013.moneymag/index.html?source=linkedin