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November Market Update: Pending Contracts Drop but Prices Continue to Rise

November Market Update: Pending Contracts Drop but Prices Continue to Rise

by Susanne Novak | Dec 24, 2018 | Market Updates

The November 2018 Housing Report came out just in time for the Holidays. Let me give you a short summary before you welcome Santa Claus and celebrate Christmas. ​New Listings Rise while Pending Contracts Plummet Listing activity has picked up in November. There were...
September Market Update: Inventory Increases 1st Time in 7 Years

September Market Update: Inventory Increases 1st Time in 7 Years

by Susanne Novak | Oct 22, 2018 | Market Updates

September home sales are in. The slowdown of the market, which I predicted over the summer months, is now confirmed by real numbers. Inventory Rises Just a Little The biggest news is a slight increase of the listing inventory by 2.6% (as compared to September 2017)....
August 2018 Market Update: The Summer Slump is Over

August 2018 Market Update: The Summer Slump is Over

by Susanne Novak | Sep 24, 2018 | Market Updates

It appears that the summer slump is over, and the market is buzzing again. The average sales price has increased by 6.6% year over year. It stands at $231,353. Change is in the air though. There are more new listings on the market and the number of pending contracts...
March Market Update: Sales Slump, Prices Skyrocket, Inventory Rock Bottom

March Market Update: Sales Slump, Prices Skyrocket, Inventory Rock Bottom

by Susanne Novak | Apr 30, 2018 | Market Updates

I’ve been blessed with new listings every couple of weeks since the beginning of the year. I am truly grateful to the homeowners who trust me to manage the sale of their most valuable asset. I am also working with many buyers, and I see every day how frustrating...
February Market Update: Values Up by 10.4%, but Sales Decline

February Market Update: Values Up by 10.4%, but Sales Decline

by Susanne Novak | Mar 26, 2018 | Market Updates

https://susannenovak.com/wp-content/uploads/2018/03/february-market-update-values-up-by-104-but-sales-decline.mp4 The Columbus housing market continues to struggle with historically low inventories. At the end of February only 3,376 homes were listed for sale in...

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Recent Posts

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