Thursday, November 21, 2013

Hunters Ridge Market Update

The Hunters Ridge Subdivision of Gahanna is one of the hottest real estate markets in Gahanna.  A heavy percentage of the homes sold in the last 3 months gone into contract in the first month in which they have been listed.  Hunters ridge is a unique area in that it is made up of over 900 homes.  Homes were built in two general phases.  The first phase was in the mid to late 1970's which began the growth of the Southeast part of Gahanna.  In this part of Hunters Ridge you'll primarily find traditional two-story homes with approximately 1800 - 2000 sq ft, and split-level homes with 3 or 4 bedrooms that offer upwards of 1600 sq ft.  The second phase began in the late 1980's and took off in the early 90's.  This part of the subdivision is characterized by large two-story homes that begin to show more modern elements such as larger master bathrooms, vaulted ceilings, and first floor laundry rooms.


Hunters Ridge Profile: 
On the picture below, you see all of the current listings (green), under contract listings (yellow), and listings that sold during the last 60 days (red).
**all information courtesy CBR MLS & current as of 11/21/13**

Average list price (4 current listings)- $ 224,300
Average list price of properties currently under contract (2)-  $ 174,950
Average sale price (2) - $ 145,000
           Highest sale price: $ 150,000
           Lowest sale price:  $ 140,000

Schools nearby: Lincoln Elementary, Gahanna Middle School South, Gahanna Lincoln High School

Hunters Ridge is in the Southeast area of Gahanna.  It has quick access to 270 and 670, making trips to Easton and downtown fairly easy.  Hunter's Ridge is just a few minutes from the Airport and houses the City of Gahanna's Hunters Ridge Pool within the subdivision.  

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If there is a subdivision in Gahanna that you'd like to see profiled, please contact me and I'll put that on my list.  As always, if you have any questions about the information listed, please let me know.  I am happy to provide answers to help you better understand the Gahanna housing market.

Take care,
Scott Morrison
Text:  614-383-8502

click here to search for a house for sale in Gahanna Ohio


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