by Susanne Novak | Apr 25, 2022 | Market Updates
At $318,826 the average sales price of a Columbus home has reached an all time record. That’s 11.9% higher than a year ago, and higher than the previous record from June 2021. The number of closed sales was 2.5% lower than in March 2021. This is mostly due to...
by Susanne Novak | Mar 21, 2022 | Market Updates
There were no surprises in the February housing report. Home sales were up by 1.8%, while pending contracts slipped by 1% as compared to a year ago. The 5% increase in new listings improved the inventory by only 3.3%. As of this morning, there were 1,540 active...
by Susanne Novak | Feb 28, 2022 | Market Updates
The Central Ohio Housing Market was mostly unchanged in January. Home sales and pending contracts were slightly lower than last year, while home values kept rising by double digits. Home Sales Down – Inventory Remains Low The chart below shows how Pending...
by Susanne Novak | Jan 24, 2022 | Market Updates
Together with the December 2021 housing report, the Columbus Association of Realtors published an Annual Report on the Columbus Housing Market. Here are the highlights of last year’s booming market and some insights on what to expect as we go into 2022. Home...
by Susanne Novak | Dec 27, 2021 | Market Updates
I received the official homes sales data for November just before the holidays … there is simply no end to the hot housing market. The total number of home sales closed since the start of 2021 already surpassed all sales recorded in 2020. We are certainly...
by Susanne Novak | Nov 29, 2021 | Market Updates
The Columbus housing market was buzzing during the month of October. Home sales were up by 5% and pending contracts were 11.6% higher than a year ago. Buyers who missed out during the spring selling season are taking advantage of less competition while interest rates...
