The median home sales price in May 2015 was $154,950, which was 18% higher than April 2015 and 3% higher than May 2014. The number of closed home sales transactions in May 2015 decreased 2% from April 2015 and remained unchanged from May 2014. The average days on the market for homes sold in May 2015 was 122 days, which was 7 days less than April 2015 and 44 days less than May 2014. The number of months of inventory available in May 2015 was 5.8, which was 2% higher than April 2015 but 19% lower than May 2014.

1. COLUMBUS MLS MAY 2015

2. MEDIAN SALES PRICE
COLUMBUS MLS
The Median Price for all homes sold in May was $154,950, which is 18% higher than the
median price in April and 3% higher than the median price in May 2014.
MAY 2015
MAY 2015 $154,950
MAY 2014 $150,000
3%
$154,950
$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 May showed a 2% decrease in the number of Closed
Transactions over April and no change from May 2014.
MAY 2015
232
231 0%
MAY 2015
MAY 2014
232
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 May was 122. This is 7 days less
than the average in April and 44 days less than the average in May 2014.
MAY 2015
122
166
27%
MAY 2015
MAY 2014
122
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 May was 5.8 which is 2% higher
than April and a 19% decrease from May 2014.
MAY 2015
5.8
7.2
19%
MAY 2015
MAY 2014
5.8
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).