Realtors say they're busier than in recent years - The Newark Advocate

Single family homes are selling faster than in any of the previous five years. Already this year, 97 single family homes have sold, with about four months still left in the year. Before 2008, when the American economy took a nosedive, Granville Real Estate prices unquestionably were higher. For example, the average list price in 2007 was $322,230, and the average selling price was $306,893. This year, the average list price is $299,399, and the average selling price is $282,545. It took an average of 159 days to sell a house in 2007, compared to 94 days this year. They have always been between 128 and 130 days in the 13 years I've been a Realtor. Certainly low interest rates are a factor, which all Realtors acknowledge as a positive. People that spend a half hour in their own neighborhood in Dublin because of the lack of infrastructure planning for traffic flow now think they'd rather be 30 minutes from downtown and get to Granville and live in a whole different world. People used to say to me, 'You say my house is worth $300,000 so I'd like to price it higher than that to see if I can sell it for more money. When prices are better you get an offer faster and you get a higher priced offer if the house is priced fairly and that's why they're selling faster. I think we're still marginally over-supplied in Granville. Single family homes are selling faster than in any of the previous five years. Already this year, 97 single family homes A link to this page will be included in your message ArchivesView the last seven daysYesterday, Sep. Realtors