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Pickerington Real Estate Market Update

Posted on April 27th, 2010 by admin

Data provided is from 1/1/2010-4/27/2010

Currently in Pickerington Corp limits , there have been a total of 128 homes to sell this year, with a median price of $183,998 with a average marketing time of 94 days.

Over the same time period of last year, we had a total of 117 sold listings,with a median sales price of $171,268 , this is of course a gain of more than $12,000.  The average marketing time for a listing has also dropped from a high of 114 days to sell.

There also are a total of 30 properties currently under contract, with a median list price of $161,543 , and a average market time of only 65 days.

Unlike this time last year, we’ve had a $8,500 tax credit for home buyers, which is expiring at the end of April. This should not be a surprise, as most home buyers wait till the end of a promotion to purchase a home, as the tax credit is a ‘use it or loose it’ situation, and many homebuyers have felt the pressure to purchase a home.

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