Parsons Real Estate Group

Blog

Grandview Real Estate Market is Hot!

Posted by Mike Parsons
July 02, 2008 at 09:07 PM

Everyone has been watching the news and reading the papers except the buyers and sellers in Grandview. Someone forgot to tell them we are in a slow real estate market. The prices don't seem to stop. While most other Columbus suburbs have experienced a slowdown in offers/showings and mild price declines, Grandview hasn't missed a beat. I have been out with two different sets of buyers in the $250,000 and under price range and if the houses we see are decent, the house is gone. There just isn't much inventory on the market which is contributing to the strong market. Grandview is the only sellers market in Columbus, OH right now!
1147 Grandview Ave. needed alot of work but had beatiful potential-In contract in just a few days.
854 Palmer never made it to the market at $164,900.
1001 Parkway was one of Grandview's rare foreclosures and lasted about 4 days.
1298 Murrell didn't even leave us enought time to see it, gone in a number of hours at $205,000.
1110 Elmwood, 2 days.
852 Timberman Sold in 9 days for $224,900
1289 Elmwood 10 days at $242,500
1429 W. 2nd Ave. Sold 3 days at $221,000 (2 bed, 1 bath)
908 Timberman Sold in 3 days at $199,000


Moral of the story: If you want a 2 story home in Grandview for less than $200,000, you better get in the first day and make an offer. If the house is priced higher than $250,000 that might buy you a few extra days to make your decision. Good Luck!

_