Central Ohio home sales in October grew approximately 0.1 percent from their year-ago level, while the average home price increased 12 percent, according to the Columbus Board of Realtors Multiple Listing Service.

According to Skip Weiler, president of the Columbus Board of Realtors, there were 2,073 homes sold in October of 2004, compared to the 2,071 homes sold in October of 2003.

“Compared to the high volume of home sales we’ve seen this year – with increases of 2 to 36 percent – having roughly the same number of sales as last year seems somewhat like a cooling in the excitement. However, this is still the highest sales we’ve ever seen in October.”

The average sale price of a home in Central Ohio last month was $176,527, up 12 percent from last year. This is slightly higher than the average sale price for the first 10 months of the year, which is $170,816.

Year to date, almost $4 billion dollars worth of residential housing has changed hands this year, 11 percent more than in 2003.

The Columbus Board of Realtors Multiple Listing Service serves all of Franklin, Delaware, Union, Madison and Morrow counties, and some of Licking, Fairfield, Knox, Logan, Marion and Pickaway counties.

***

What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Will you attend ICLV virtually or in-person? The agenda is packed with stellar speakers and sessions.Learn More×
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription