Delicious Real Estate

Clintonville Real Estate – Market Update in a post-tax-credit era

May 10th, 2010 Categories: Clintonville, Real Estate, buyers, sellers
This 3bed, 2bath, 1853sf home on Brevoort sold for $267,900 last month after 16 days on market.

This 3bed, 2bath, 1853sf home on Brevoort sold for $267,900 last month after 16 days on market.

Homes on the market: 147 Active Clintonville homes for sale.

Averaging 1,662 sf,

  • $245,932
  • $148/sf and
  • 87 days on market.

Currently, there are 77 Clintonville Homes in Contract

–contingent on financing/inspections as of today:67

  • Averaging 1520 sf
  • $208,869
  • $150/sf
  • 53 days on market

Clintonville Homes Firmly In Contract passed inspection period as of today: 10

  • Averaging 1452 sf
  • $197,390
  • $138/sf
  • 17 days on market

Clintonville Homes Closed in April, 2010: 43

  • Averaging 1510 sf
  • $215,527 avg List but a $208,338 Sale price or 97%
  • $149/sf
  • 47 days on market

Clintonville Homes Closed first quarter 2010 (Jan-March 31): 61

  • Averaging 1453 sf
  • $205,218 avg List but a $197,820 Sale price or 96%
  • $146/sf
  • 81 days on market

Clintonville Homes in contract with escape clauses: none

Clintonville saw a busier than normal Winter market, thanks to the tax credits and remains a solid Columbus housing market neighborhood.  While Clintonville almost always does well year round, the expiring tax credit has more homes currently in contract than sold the first three months of the year. While I continue to believe that for many first time home buyers Clintonville prices are too much of a reach, the homes keep moving from the shelves and it’s certainly not all move-up buyers.

One reason Clintonville did do well during the tax credit era was that 1st time buyers are now saving up more money than the mid 2000’s and can afford more house because of it. Also, the $6500 tax credit to sellers helped encourage sellers, especially on the fringes, to move up-albeit slightly-from their smaller Clintonville homes to larger ones.

Joe Peffer is a Realtor who works in Clintonville, Beechwold and other Columbus Neighborhoods.

Would you like me to break it down by 43214 vs 43202 or  Northmoor vs Beechwold? email me and I will be glad to

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