Susanne Novak, Broker/Realtor
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Market Update: Why Luxury Home Sales are on Fire

Market Update: Why Luxury Home Sales are on Fire

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...
Market Update: Median Sales Price Highest Ever While Closings Slump

Market Update: Median Sales Price Highest Ever While Closings Slump

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. ​...
Market Update: New Listings Plummet in Suburbs

Market Update: New Listings Plummet in Suburbs

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...
Market Update: Avg Sales Price Shattering the $250K Glass Ceiling

Market Update: Avg Sales Price Shattering the $250K Glass Ceiling

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...
April Market Update: Median Sale Price Skyrockets by 12.4%

April Market Update: Median Sale Price Skyrockets by 12.4%

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...

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Recent Posts

  • Market Update: Average Sales Price Hits New Record, Inventory Improves
  • How to Beat Skyrocketing Mortgage Rates
  • Upsizing: How Real Estate Experts Got Baby Boomers Completely Wrong
  • How to Skirt Bidding Wars with Curb Offers
  • Should You Buy a $875,000 Townhouse in Dublin’s Bridge Park?
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