2. MEDIAN SALES PRICE
COLUMBUS MLS
The Median Price for all homes sold in February was $140,000, which is 13% lower than
the median price in January and 12% higher than the median price in February 2014.
FEBRUARY 2015
FEBRUARY 2015 $140,000
FEBRUARY 2014 $125,500
12%
$140,000
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
3. CLOSED TRANSACTIONS
COLUMBUS MLS
The Market Trend Report for February showed a 16% increase in the number of
Closed Transactions over January and a 25% decrease over sales in February 2014.
FEBRUARY 2015
148
128
16%
FEBRUARY 2015
FEBRUARY 2014
148
0
50
100
150
200
250
300
4. DAYS ON THE MARKET
COLUMBUS MLS
The average Days on the Market for all homes sold in February was 135. This is 37 days
less than the average in January and 34 days less than the average in February 2014.
FEBRUARY 2015
135
169
20%
FEBRUARY 2015
FEBRUARY 2014
135
80
90
100
110
120
130
140
150
160
170
180
5. MONTHS SUPPLY OF
INVENTORY
COLUMBUS MLS
The number of Months Supply of Inventory at the end of February was 9.2 which is 20%
lower than January and a 6% decrease from February 2014.
FEBRUARY 2015
9.2
9.8
6%
FEBRUARY 2015
FEBRUARY 2014
9.2
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
6. Description
The Market Trend Report is distributed each month on or about the 15th.
The Report is based on data provided by Terradatum from the local
Columbus Multiple Listing Service and is not annualized. While MLS and
Terradatum data are believed to be accurate, it cannot be
guaranteed. MLS data is constantly being updated, making any analysis
a snapshot at a particular time. Data for prior periods is not being
recalculated for this report.
Definitions
Median Sales Price is the median price of all residential properties sold
during the month. Closed Transactions are the number of residential
transactions closed during the given month. Days on the Market is the
number of days that pass from the time a property is listed until the
property goes under contract for all residential properties sold during the
month. Months Supply of Inventory is the total number of residential
properties listed for sale at the end of the month (active inventory)
divided by the number of sales contracts signed (pended) during the
month).
