Home Sales, Prices Explode in Pandemic-Influenced Month of Dashboard Data

Franklin County OH Auditor

Thursday, May 6th, 2021

FOR IMMEDIATE RELEASE

Monica.Moran@franklincountyohio.gov

614.378.2879

 

Home Sales, Prices Explode in Pandemic-Influenced Month of Dashboard Data

COLUMBUS, Ohio – Home sales, median sale price, and total sales amount all showed exponential increases in the April Real Estate Sales Dashboard compared to April 2020, reflecting the impact of the pandemic on the housing market, Franklin County Auditor Michael Stinziano announced Wednesday.

The new data shows the April total sales amount for Franklin County increased 96 percent to $476.8 million compared to April 2020, when the first full month of the then-emerging COVID pandemic had depressed the numbers. The April median sale price increased 16 percent compared to the same month last year, to $220,000, and the total number of sales increased by 802, to a total 1,894.

“The Franklin County housing market has shown its resiliency in the face of a once-in-a-lifetime pandemic,” Stinziano said. “The housing market has seen steady increases almost every month, which continue with record breaking numbers."

Last month, dashboard data showed that the March total sales amount for Franklin County was $472 million, up $140.2 million compared to March 2020.  The March median sale price was $215,000, an increase of $30,000 compared to March 2020.

The Real Estate Dashboard is a highly localized web app that shows recent home sales on a GIS map. The tool can display sales data by municipality, school district, or area commission, giving homeowners a better sense of sales activity in their neighborhoods.

April sales by the numbers:

  • 1,894 total number of sales
  • $ 220,000 median sale price 
  • $ 476.8 million in total sales 

The dashboard is optimized for both desktop computers and mobile devices, and continues to be updated monthly. 

April RE