Are you curious about the value of your house after the recent economic downturn? Many of my clients are very interested to see how their city stacked up against other Central Ohio Cities. Columbus Monthly published an article with all the statistics for the Central Ohio Area. If you get the magazine, they made some major mistakes and I have the corrections. The statistics are based off of real estate sales from 2005 through 2008.
If I had to describe the trends in one sentence, it would be that the rich areas became richer or lost a little, and the poor areas became much poorer. One of the worst areas was the Northeast Columbus Area which plummeted 63%. Olde Town East area dropped 58%. The worst hit suburban area above I-70 was Reynoldsburg with an 18% drop. There were a few areas that actually had an increase! Please follow this link to see all the details. Central Ohio Sales Statistics
Posted by crmhomes 