by Susanne Novak | May 24, 2021 | Market Updates
The Central Ohio housing market is booming. As a buyer you know how hard it is to get an offer accepted when 20 others compete for the same property. Home sales were 23.1% higher in April compared to the same month last year. New listings increased by 32.9%, and the...
by Susanne Novak | Apr 26, 2021 | Covid, Market Updates
The total number of homes sold increased by only 2.3% in March. Not a big jump if you consider that we were locked down this time last year. However, the average sales price was up by 11.5%, Days on Market plummeted by 41.5%, the average home sells for more than list...
by Susanne Novak | Mar 29, 2021 | Market Updates
The February 2021 housing report offers bleak news for buyers. Strong buyer demand has pushed the average sales price 13.4% higher. We suffer from record low inventories leading to a decline in sales of 2.9%. Pending contracts plummeted by a stunning 11.9% which will...
by Susanne Novak | Mar 15, 2021 | Seller Tips
In today’s low-inventory market most listings sell in just a few days for more than asking price. If homes sell in no time why should you hire a Realtor and pay 6% in commissions? The thought of saving money by cutting out the Realtor is tempting. However,...
by Susanne Novak | Feb 22, 2021 | Market Updates
In January, home sales increased by 10.4% while new listings declined by 9.1%. Are we facing a future with absolutely no inventory for sale? This chart shows how the inventory has dropped over the past 10 years. In January, the number of home sales surpassed active...
