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Market Update: Closed Sales & Pendings on the Rise While Inventory Falls
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...
Market Update: Inventory Takes a Tumble as Fewer Owners List in Suburbs
Home sales scored another record in September and prices were up by double digits. There was an unexpected drop in inventory (compared to August) which was partially due to a sharp decline in new listings in some major suburbs. New Listings Plummet in Popular Suburbs...
Market Update: Inventory Grows as Price Gain Slows
The Columbus housing market continued to boom in August as 9.3% more transactions closed than a year ago. Prices kept climbing and a large number of listings fetched more than list price. New Listings Drop but Inventory Climbs After New Listings had increased by 21%...
Market Update: Record Number of New Listings Result in First Inventory Gain in 28 Months
The July 2021 housing report shows how the Columbus real estate market is slowly normalizing. Sales were only 2.7% higher than during the same month a year ago. The Median Sales Price remained at $275,000 for the third month in a row. This represents a year-over-year...
Market Update: Record Sales Fueled by Rise in New Listings
June was another record-breaking month for the Columbus housing market. Sales were up by 15.6% over June last year. It only took 11 days in average to get a contract on a listing - that's 59.3% faster than a year ago. The average sales price peaked at $316,207 - an...
Market Update: Days on Market Plummet by 90% since 2011
While home sales have slowed down in many parts of the country during the month of May, the Columbus housing market is still red hot. Closed sales, pending contracts, and sales prices are up by double digits. Even New Listings have increased by 20.7% in May as...
Market Update: New Listings Increase by 33% while Showing Index Hits Record High
The Central Ohio housing market is booming. As a buyer you know how hard it is to get an offer accepted when 20 others compete for the same property. Home sales were 23.1% higher in April compared to the same month last year. New listings increased by 32.9%, and the...
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