The 2008 Delaware Ohio Home Sale Numbers

By
Toby Boyce
Published: January 25, 2009Posted in: Delaware Real Estate, General News, Real Estate Stats & AnalysisTags: , ,

soldColumbus and Central Ohio Multiple Listing Service announced its year-end stats on Friday.

As a whole, Central Ohio saw more than a 5% drop in average sales price to $163,732 from $172,449 only one year ago. The total number of sold units (-13.83%), under contract (-14.32%) and Actives (-14.76%) were also off from the 2007 numbers.

Delaware County as a whole fared very similar with the county’s sales price off 7.63% with values falling by as much as $35,000 in some areas.

Location New 08 New 07 Contract 08 Contract 07 Sold 08 Sold 07 Price 08 Price 07
Delaware City 756 910 346 480 355 474 $138,940 $148,670
NW Delaware County 68 102 26 40 30 39 $180,318 $214,244
NE Delaware County 156 182 64 80 64 86 $190,648 $212,419.00
SW Delaware County 1004 1157 416 492 421 501 $367,445 $387,921
SE Delaware County 1718 1910 804 892 814 887 $301,516 $312,948
Powell 416 464 204 212 215 207 $322,435 $338,280
Sunbury 74 108 45 67 45 69 $155,477 $160,821

The percentages are pretty humbling, with Delaware City sitting off 6.54 percent on its sale’s price, but places like Ashley (NE Delaware) and Radnor (NW Delaware) were off by double digits.

Statistics are from the Central Ohio Market Activity by Area report from the Columbus Board of REALTORs. All information is thought to be accurate but is not warranted.

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About the Author

Sadie Lynn is the Boxer of Toby Boyce, a REALTOR with Keller Williams Consultants Realty, and Mrs. Toby. Sadie has been hearing more than she can take about real estate and Delaware since Toby became an agent in July. So, she decided to take into her own hands and created this site to share her new knowledge. Enjoy, my take on Delaware, Ohio and real estate as a general.