by Susanne Novak | Aug 28, 2017 | Market Updates
The July 2017 housing report did not show any revolutionary changes to the Columbus real estate market. The inventory remains at historic lows, although some commentators will point out that it increased over last month. This is purely seasonal, as the inventory is...
by Susanne Novak | Aug 8, 2017 | Market Updates
The Columbus housing market is still buzzing. During the first half of 2017, the median sale price for home values reached record highs with an average of $226,050 in June 2017. That’s 5.1% higher than a year ago. The number of homes sold is slightly higher than...
by Susanne Novak | Jun 25, 2017 | Market Updates
The average sales price has increased in Central Ohio every single month since early 2013. It is no surprise we hit a new record in May 2017. As more people move to Columbus there’s a tremendous need for housing. Despite an a booming apartment rental sector and...
by Susanne Novak | Jan 29, 2017 | Market Updates
December 2016 home sales were flat as compared to a year ago, but home values keep rising. We did not see the usual “December Spike” I mentioned in a previous market update. Overall 2016 was a record year! Closed sales were up by 6.8% and home values rose...
by Susanne Novak | Sep 11, 2016 | Market Updates
Home sales dropped by 7.6% in the Columbus MLS during the month of July 2016. This comes as a surprise to both economists and Realtors, who predicted solid growth for the rest of the year. Why did the Columbus Real Estate Market fall off a Cliff? Here are a few...
