ResalesColumbus, Ohio Realtors Report Modest Home Gains
Ohio"s state capital is Columbus, which has grown to the largest city in the state, according to local Realtors, with modest appreciation in home values.
"The city has gradually grown into the most populous and exciting metro city in the State of Ohio," says Realtor Andrew Show, "while still maintaining its mid-western roots and excellent transportation system."
Show advises, "Lower-priced homes in the metro Columbus area (under $225,000), if in good condition, are selling quickly, but higher-priced home sales are still soft."
Say Realtors Gina Myers and Jill Fergus, "Columbus has a great central and north-east locations with easy access to I-270, I-71 and 315. A broad range of housing exists in these areas. There"s something for everyone!"
Myers and Fergus say, "Columbus is in a time of market appreciation. Most of the city is appreciating at a steady but modest rate of two to three percent per year. While this is not a dramatic rise, it is consistant. This makes real estate a good, solid investment in Columbus."
"According to information from the Columbus Board of REALTORS," says Realtor Raju Mahone, "April home sales this year saw a 15 percent increase over last year. Over 2,286 homes were sold compared to the 1,988 homes sold in April of 2003. Year-to-date, home sales are 16.3 percent ahead the same period last year. The average home sale price in April was $170,986 - a 5.1 percent spike over the sales price in April 2003 which was $162,653. Year to date, Central Ohio homes have sold for an average of $162,975."
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