by Susanne Novak | Dec 28, 2020 | Covid, Market Updates
The housing market kept rallying throughout fall. We are on track to set a new sales record in 2020. Residential sales were up by 12.7% in November when compared to the same month a year ago, and the average sales price jumped by 15.3%. With low interest rates...
by Susanne Novak | Jun 29, 2020 | Market Updates
The May market update from the Columbus Association of Realtors confirmed my previous estimates. The listing inventory is 28% lower than a year ago, but buyer interest has surged significantly since the economy started to re-open – and home values keep rising. ...
by Susanne Novak | Sep 23, 2019 | Market Updates
Fall is the time of the year when fewer homes are listed for sale. It is a time when sellers are more motivated to accept lower offers, which opens the door for buyers to find better deals and face less competition. This chart proves my point … The chart shows...
by Susanne Novak | Jun 24, 2019 | Market Updates
Last week I received a voice message from an angry homeowner. He accused me of FAKE NEWS after he received my postcard saying that the median sales price skyrocketed by 12.4%. Sorry, pal. It’s true. Columbus Realtors housing stats show that the median has...
by Susanne Novak | May 28, 2019 | Market Updates
In a somewhat surprising twist, the Columbus housing market bounced back in April. This month’s home sales stats are almost a complete opposite of March’s. Median Sale Price Skyrockets by 12.4% In April the Median Sales Price of existing homes increased to...