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Market Update: Inventory Grows as Price Gain Slows

Market Update: Inventory Grows as Price Gain Slows

by Susanne Novak | Sep 27, 2021 | Market Updates

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

Market Update: Record Number of New Listings Result in First Inventory Gain in 28 Months

by Susanne Novak | Aug 30, 2021 | Market Updates

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

Market Update: Record Sales Fueled by Rise in New Listings

by Susanne Novak | Jul 26, 2021 | Market Updates

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...
Market Update: Days on Market Plummet by 90% since 2011

Market Update: Days on Market Plummet by 90% since 2011

by Susanne Novak | Jun 28, 2021 | Market Updates

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...
4 Steps to Successfully Buy (and Not Overpay) in a Sellers’ Market

4 Steps to Successfully Buy (and Not Overpay) in a Sellers’ Market

by Susanne Novak | Jun 21, 2021 | Buyer Tips

Today’s housing market is challenging to say the least.  Many home buyers get frustrated when they are faced with a slim selection of listings and competing purchase offers above list price. All too often I see buyers delay their home purchase hoping the housing...
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