by Susanne Novak | May 29, 2016 | Market Updates
The Columbus housing market continues to boom and the average sales price of existing homes has surpassed $200,000. As we approach the peak of the spring buying season, home sellers got used to multiple offers above list price and contracts within days of listing...
by Susanne Novak | Jan 31, 2016 | Market Updates
2015 was record breaking for real estate in Columbus OH. The market beat its previous high of 2005 when housing boomed. The total number of homes and condos sold in 2015 was 29,408 – almost 2,000 units more than in 2005. While December 2015 home sales were up by...
by Susanne Novak | Aug 23, 2015 | Market Updates
The first half of 2015 was fantastic for real estate. Columbus home sales have increased dramatically over the past year. Home values have recovered from the housing crash and even exceed pre-recession levels. And, days on market (DOM) are at 10 year lows. According...
by Susanne Novak | Jun 28, 2015 | Market Updates
May 2015 was another excellent month for Columbus home sales. Closed transactions increased by 8.4% year over year. And the average sales price is up by 9.1%, getting close to the $200,000 mark. Days on market (DOM) have decreased to 54. And the inventory hovers at...
by Susanne Novak | Apr 26, 2015 | Market Updates
The Central Ohio housing market finished the first quarter of 2015 with a bang. Columbus home sales skyrocketed to the highest level since 2006. Pending contracts are also substantially higher than a year ago and home values appear to increase at a healthy pace. The...
by Susanne Novak | Mar 29, 2015 | Market Updates
In February 2015 the Columbus housing market has reached new extremes. The inventory of homes for sale has dropped below 7,000. It hasn’t been that low since the early 1990’s. There are only half as many homes listed for sale in 2015, as were during the...
