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Circleville real estate market update

Posted on April 27th, 2010 by admin

It’s been a while since I’ve updated the general state of the market for Circleville & Pickaway counties.

So far in Pickaway County , we’ve had a total of 103 sold listings so far this year, at a total median price of $140,350.

Currently there are 26 listings that are under contract without contingencies (This means they WILL close), at a total average list price of $120,469.

These numbers are showing that the market is stabilizing , and sales are up (while sales prices are down somewhat).

Compared to last year, we’ve had just over 20 more sales this year, and the median price has increased by around $11,000 which is a VERY good sign. This however is still much lower than the 2006 median value which was around $170,000.

The total number of days on market has decreased by approximately 15 down to a total average of 90 days before a home is sold , this is theĀ  one of the lowest numbers it has ever been. Properties currently in contract have averaged 98 days, which is more in-line with what we see in Pickaway county,

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