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Market Update: Home Values Climb 16% in September

Market Update: Home Values Climb 16% in September

by Susanne Novak | Oct 26, 2020 | Market Updates

The Columbus housing market more than recovered from the pandemic: Year to date home sales are higher than in 2019 Home values have skyrocketed by 16% in September Homes sell for more than list price (in average), and The supply is down to 1 month (this means the MLS...
Market Update: Home Values Keep Rising, with No End in Sight

Market Update: Home Values Keep Rising, with No End in Sight

by Susanne Novak | Sep 28, 2020 | Covid, Market Updates

The uncertainties caused by the Covid pandemic kept many homeowners from listing their properties this year. At the same time more buyers than ever started to look for a new home, hoping to take advantage of the lowest interest rates ever. This created the perfect...
Market Update July 2020: Sales Prices Exceed List Prices

Market Update July 2020: Sales Prices Exceed List Prices

by Susanne Novak | Aug 24, 2020 | Covid, Market Updates

The housing market has experienced an incredible recovery after the lockdowns. We broke numerous records in July, but a surprise development may signal the end to the summer boom. Monthly Closings Set All-Time Record A total of 3,536 home sales closed in July....
Market Update: June 2020 Housing Stats Break All-Time Records

Market Update: June 2020 Housing Stats Break All-Time Records

by Susanne Novak | Jul 27, 2020 | Market Updates

June 2020 was a month of all-time records. The housing market rebounded from the pandemic. We are trying to satisfy the pent-up demand of buyers who could not purchase in spring due to the lock down. Showing requests are 10% higher than last year, while new listings...
Market Update: Median Sales Price Highest Ever While Closings Slump

Market Update: Median Sales Price Highest Ever While Closings Slump

by Susanne Novak | Jun 29, 2020 | Market Updates

The May market update from the Columbus Association of Realtors confirmed my previous estimates. The listing inventory is 28% lower than a year ago, but buyer interest has surged significantly since the economy started to re-open – and home values keep rising. ​...
Market Update: Signs of Summer Boom Emerge as Economy Re-Opens

Market Update: Signs of Summer Boom Emerge as Economy Re-Opens

by Susanne Novak | May 26, 2020 | Market Updates

You would not believe it when you read the papers – buyer demand is through the roof. ​Both properties I listed last week are now in contract at or above list price. The Muirfield residence you see featured at the end of this email had 12 showings on the first...
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