The number of homes sold and the average price of homes sold from January through October 2010 are nearly identical to the statistics from 2009, according to figure released Nov. 23 by th Columbus Board of realtors.

The number of homes sold and the average price of homes sold from January through October 2010 are nearly identical to the statistics from 2009, according to figure released Nov. 23 by th Columbus Board of realtors.

The number of homes sold from January through October was 16,891 -- almost identical to the 16,932 homes sold in the same period of 2009. Average sale price so far this year is $160,671 down slightly from the $161,623 average last year.

"While we certainly would like to see a more lively housing market, we're just pleased that year-to-date numbers are holding their own," CBR President Sue Lusk-Gleich said.

Home sales are likely to grow in 2011, but not too quickly. According to the New York Federal Reserve Bank, household finances are improving, and major purchases will increase as well.

Freddie Mac reports that the average 30-year fixed mortgage rate in October 2010 was 4.23 percent - the lowest rate since the statistics were first recorded by Freddie Mac in 1971. Ten years ago, the rate was 7.8 percent; 20 years ago, it was 10.17 percent; 30 years ago, it was 13.79 percent.

The Columbus Board of REALTORS Multiple Listing Service (MLS) serves all of Franklin, Delaware, Fayette, Madison, Morrow, Pickaway and Union Counties and parts of Champagne, Clark, Hocking, Licking, Fairfield, Knox, Logan, Marion, and Ross Counties.

For more information, visit www.ColumbusRealtors.com