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July 2016 Real Estate Report [Hottest Zip Codes]

The word “Hot” in real estate conversations gets thrown out there more than I care to hear. However, using July 2016 MLS data, I looked at the average number of days it took residential properties to go from Active to Contingent (offer was accepted) in Franklin County, then sorted by zip code to come up with my “Top 5 Hottest Markets.”

The list…

5

1. 43231

Average Days Until Contingent: 15

Sample of Neighborhoods:

  • Blendon Park
  • Brandywine Meadows
  • Forest Hills
  • Minerva Park
  • Parkridge Village
  • Peppertree
  • River Ridge
  • Waltham Place
  • Westerford Village
  • Western Creek
  • Westerville Woods

Click here to view new listings in the 43231 zip code!

2. 43220

Average Days Until Contingent: 16

Sample of Neighborhoods:

  • Arlington Heights
  • Bethel Colony
  • Brentwood Park
  • Carriage Hill
  • Dunbar Terrace
  • Greystone Manor
  • Hearthstone
  • Hendereed Village
  • Knolls West
  • Lane Acres
  • Middlesex Place
  • Riverside Park
  • Upper Arlington (northern)

Click here to view new listings for sale in the 43220 zip code

3. 43204

Average Days Until Contingent: 17

Sample of Neighborhoods:

  • Brookhollow
  • Hardesty Village
  • Hidden Lake
  • Marble Cliff Crossing
  • Miriam
  • Rosary
  • Valleyview
  • Westgate
  • Wilshire Heights

Click here to view new listings in the 43204 zip code!

4. 43202

Average Days Until Contingent: 18

Sample or Neighborhoods:

  • Clintonville
  • Old North Columbus
  • Olentangy Point and Cove
  • OSU North Campus

Click here to view new listings in the 43202 zip code!

5. 43223

Average Days Until Contingent: 19

Sample of Neighborhoods:

  • Riverbend
  • Seneca Woods
  • Westmeadow

Click here to view the newest listings in the 43223 zip code!

You can read more about the July 2016 market from the Columbus REALTORS® recent press release here.

Their advice for sellers: get your home ready to sell and capitalize on the high buyer demand!

If you’re curious about your home’s value, click here and I’ll provide a free and instant home valuation.

My advice for buyers: meet with a buyer specialist and mortgage officer to ensure you’re as prepared as you can be heading into the home search process. My September 20th home buyer event is a great (and free) first-step!

Home Buyer Event