September saw a surge in home sales(October 15, 2004) Last month, Central Ohio saw a surge in home sales. With 2,264 homes sold, this outpaced September 2003 by 6.6 percent and sets a record for homes sold during the month of September according to the Columbus Board of REALTORS® Multiple Listing Service. “To experience a six percent surge in sales after so many doom and gloom housing forecasts suggests buyers aren’t listening to these reports, said Skip Weiler, President of the Columbus Board of Realtors®. "Year to date, we’re almost 10 percent ahead of last year’s sales!” The average sale price last month crept up to $171,537 which is 2.6 percent higher than last year. The sales prices along with number of home sales puts the total dollar volume of homes sold this year at just over $3.5 billion – a 10.8 percent increase over last year.
“Traditionally, we expect to see home sales slowing down this time of year,” continues Weiler. “However, as interest rates continue to remain low and many affordable homes are listed on the market, home buyers have an excellent opportunity to gain home ownership right now.” The Columbus Board of REALTORS® Multiple Listing Service (MLS) serves all of Franklin, Delaware, Union, Madison and Morrow Counties and some of Licking, Fairfield, Knox, Logan, Marion and Pickaway Counties. For residential and most of the commercial MLS listings, visit www.Realtor.com providing over 1.7 million homes every day. | | Year End Home Sales
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