2. MEDIAN SALES PRICE
COLUMBUS MLS
The Median Price for all homes sold in June was $147,500, which was 2% lower than the
median price in May and 8% lower than the price in June 2013.
JUNE 2014
JUNE 2013
$147,500
$161,000
8%
JUNE 2014
$147,500
$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 June showed a 10% increase in the number of Closed
Transactions over May an 18% increase over sales in June 2013.
255
216
18%
JUNE 2014
JUNE 2013
JUNE 2014
255
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 June was 166. There was no
change in the number of days in May and 7 days less than the average in June 2013.
2%
166
170
JUNE 2014
JUNE 2013
JUNE 2014
166
0
20
40
60
80
100
120
140
160
180
200
5. MONTHS SUPPLY OF
INVENTORY
COLUMBUS MLS
The number of Months Supply of Inventory at the end of June was 8.1 which is a 13%
increase from May and a 2% decrease from June 2013.
8.1
8.3
2%
JUNE 2014
JUNE 2013
JUNE 2014
8.1
0.0
2.0
4.0
6.0
8.0
10.0
12.0
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).