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Market Update: Avg Sales Price Shattering the $250K Glass Ceiling

Market Update: Avg Sales Price Shattering the $250K Glass Ceiling

by Susanne Novak | Jun 24, 2019 | Market Updates

Last week I received a voice message from an angry homeowner. He accused me of FAKE NEWS after he received my postcard saying that the median sales price skyrocketed by 12.4%. Sorry, pal. It’s true. Columbus Realtors housing stats show that the median has...
April Market Update: Median Sale Price Skyrockets by 12.4%

April Market Update: Median Sale Price Skyrockets by 12.4%

by Susanne Novak | May 28, 2019 | Market Updates

In a somewhat surprising twist, the Columbus housing market bounced back in April. This month’s home sales stats are almost a complete opposite of March’s. Median Sale Price Skyrockets by 12.4% In April the Median Sales Price of existing homes increased to...
Market Update: Fewer New Listings – More Closed Sales

Market Update: Fewer New Listings – More Closed Sales

by Susanne Novak | Mar 25, 2019 | Market Updates

The latest Housing Report was just released by the Columbus Association of Realtors. It clearly shows that the market is heating up again. Lots of buyers are looking for homes below $400,000, but there are not enough listings. The inventory increased by 7% in February...
January 2019 Market Update: Home Sales Down while Inventory Grows by 12%

January 2019 Market Update: Home Sales Down while Inventory Grows by 12%

by Susanne Novak | Feb 25, 2019 | Market Updates

The housing market is changing. Both inventory and new listings have increased by more than 10% in January, while closings are down from a year ago. The original list price to sale price ratio dropped to 94.8%. Sellers have accepted larger discounts than any time in...
Market Update: What to Expect in 2019 After a Dismal December

Market Update: What to Expect in 2019 After a Dismal December

by Susanne Novak | Jan 28, 2019 | Market Updates

I had a strong December with 3 new listings and 4 closings before the end of the year. That’s why I was really surprised when I read the December housing report from the Columbus Realtors Association. With the exception of the average sales price, which...
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