At a recent “HUD Home Seller” seminar I was told that HUD has a backlog of more than 2,500 Columbus HUD homes in Central Ohio. You certainly could not tell by looking at today’s map. A mere 60 properties are listed, including only 7 new homes.
Grove City is the center of activity again. There are 3 new Columbus houses listed in the area and 1 relist. It seems that the Edgarton home, which we mentioned repeatedly in this newsletter, is in contract once again – this time for $120,624. Seems the buyer does not read our emails, otherwise they would have known that it was in contract previously for less.
Listing Statistics
Total homes available: 60 (last week: 86)
Owner occupants: 40
All bidders: 20
New listings: 7
Relisted/Price reduced: 33
Median Price: $65,100 (last week: $61,600)
Average Price: $76,433 (last week: $67,206)
Highest Price: $190,000
Lowest Price: $5,000
Homes less than $50,001: 21 (last week: 36)
Between $50,001 & $100,000: 22 (last week: 34)
More than $100,000: 17 (last week: 16)
Call me TODAY at 975-9650. I would love to show you the best HUD home deals this weekend!
Thanks for reading our Columbus HUD Homes Blog
Posted by: Susanne Novak, ABR, FIS, GRI
Columbus Realtors specializing in
HUD Homes, Shortsales, Investment Real Estate
(614) 975-9650
