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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%...
The Best Time to Buy a Home is the First Week of October – Are You Ready?

The Best Time to Buy a Home is the First Week of October – Are You Ready?

by Susanne Novak | Sep 20, 2021 | Buyer Tips

The first half of 2021 was extremely challenging for buyers. You had to compete against multiple offers typically above list price, the inventory was lower than ever, and many homes sold in just a few days. If you have lost out a few times, you may have concluded that...
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...
Don’t Overpay Now! The Buying Frenzy May be Over Soon

Don’t Overpay Now! The Buying Frenzy May be Over Soon

by Susanne Novak | Jul 19, 2021 | Buyer Tips

Did you miss out due to multiple offers this spring? Don’t give up, yet! You will have a second chance to buy without overpaying because the housing market seems to be normalizing. Now is Not the Time to Overpay! On Friday I toured a few listings with one of my...
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