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Columbus Home Sales Skyrocket While Values Stay Flat
While Columbus home sales and pending contracts exceeded all expectations in March 2015, the inventory of homes for sale is almost depleted. Find out why the average sales price has reached its peak and you should not expect home values to increase significantly this year.
Homes for Sale Inventory Hits 25 Year Low in Columbus
This market update for Feb 2015 explains why the Columbus OH homes for sale inventory is at a 25 year low. Easily readable charts show sales prices, inventory and homes sold and in contract data going back to 2012.
Market Update: 3 Surprising Facts from in the 2014 Columbus Housing Report
The 2014 Columbus housing report reveals surprising facts on how the Central Ohio real estate market improved during the past year. Home values are up by 5.1%, however, the inventory of homes for sale has dropped substantially.
11% Drop in November Home Sales but Values Increase by 5%
Find out 3 reasons why Columbus home sales have dropped in Nov 2014 and why home values continue to increase. We project that 2014 will end up as a down year in real estate, however, 2015 will be good for buyers and sellers.
October Home Sales beat Previous Year by 10% but We are still Behind
While Columbus home sales and prices increased in October 2014, fewer property owners decided to list their home for sale with a Realtor. The tight inventory will continue the sellers market and push prices up.
Foreclosure & Distress Sales Plummet by 41% in Columbus
Distress Sales have decreased by 40.8% in Q3 of 2014, as compared to a year ago. Foreclosure deals make up less than 10% of all homes for sale listed on the MLS.
September Home Sales & Prices: Columbus Up – Suburbs Down
While Columbus home sales and sales prices hit surpassed 2013 numbers for the first time, suburbs, such as Dublin, suffered a setback. Find out why sales tanked in the suburbs and why this fall will be a strong month for home sales.
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