The Columbus Board of Realtors reported, Central Ohio home sales made a comeback in May after slowing in April, jumping 14.4% from a year ago.

Statistics says, 2,579 residential sales were recorded last month, up from 2,255 homes sold in May 2005. Year to date, Central Ohio has seen 10,245 homes sell in the first five months of 2006, which is 2.8 percent higher than last year.

The Columbus Board of Realtors Multiple Listing Service said that the rise in inventory is an advantage for local homebuyers. The surplus of for-sale inventory knocked the average sale price of a home in May to $177,359, which is 2.4% lower than the year-ago price of $181,634.

The Columbus Board of Realtors Multiple Listing Service serves all of Franklin, Delaware, Union, Madison and Morrow counties, and some of Licking, Fairfield, Knox, Logan, Marion and Pickaway counties.

By M. Sese
http://realestatepress.org