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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...
June 2018 Market Update: Record Sales Prices Result in Fewer Closings

June 2018 Market Update: Record Sales Prices Result in Fewer Closings

by Susanne Novak | Jul 27, 2018 | Market Updates

Market Update Breaking All-Time Records In June the average sales price reached its highest value ever at $244,830. That’s 8.7% more than a year ago. ​At the same time days on market (DOM) hit an all-time low of 23. This means that the average home sold in June...
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...
January Market Update: New Listings Down by 11.2%

January Market Update: New Listings Down by 11.2%

by Susanne Novak | Feb 26, 2018 | Market Updates

The January housing numbers are in, and they are not looking good. After setting new records every month in 2017, the tight inventory put a brake on the booming real estate market. There’s still a lot of demand from buyers. There are just not enough homes for...
October Market Update: 10 Most & Least Expensive Communities in Central Ohio

October Market Update: 10 Most & Least Expensive Communities in Central Ohio

by Susanne Novak | Nov 27, 2017 | Market Updates

The Central Ohio Housing Market is still going strong with October sales beating last years by 184 homes sold (up by 4.4%).The average sales price was 7.9% higher, and the inventory of homes listed for sale is 14% lower than a year ago. Click here to see detailed...
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