by Susanne Novak | Dec 27, 2021 | Market Updates
I received the official homes sales data for November just before the holidays … there is simply no end to the hot housing market. The total number of home sales closed since the start of 2021 already surpassed all sales recorded in 2020. We are certainly...
by Susanne Novak | Nov 29, 2021 | Market Updates
The Columbus housing market was buzzing during the month of October. Home sales were up by 5% and pending contracts were 11.6% higher than a year ago. Buyers who missed out during the spring selling season are taking advantage of less competition while interest rates...
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 | 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...