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 | May 29, 2016 | Market Updates
The Columbus housing market continues to boom and the average sales price of existing homes has surpassed $200,000. As we approach the peak of the spring buying season, home sellers got used to multiple offers above list price and contracts within days of listing...
by Susanne Novak | Jan 31, 2016 | Market Updates
2015 was record breaking for real estate in Columbus OH. The market beat its previous high of 2005 when housing boomed. The total number of homes and condos sold in 2015 was 29,408 – almost 2,000 units more than in 2005. While December 2015 home sales were up by...
by Susanne Novak | Jun 28, 2015 | Market Updates
May 2015 was another excellent month for Columbus home sales. Closed transactions increased by 8.4% year over year. And the average sales price is up by 9.1%, getting close to the $200,000 mark. Days on market (DOM) have decreased to 54. And the inventory hovers at...
by Susanne Novak | May 24, 2015 | Neighborhoods
Most housing data I share on my blog cover the Columbus Metro Area. Sometimes I write about specific suburbs, like Dublin or Powell and neighborhoods such as Muirfield Village. Most of these data represent averages of very large areas. Everybody know that real estate...