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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: Home Values Climb 16% in September

Market Update: Home Values Climb 16% in September

by Susanne Novak | Oct 26, 2020 | Market Updates

The Columbus housing market more than recovered from the pandemic: Year to date home sales are higher than in 2019 Home values have skyrocketed by 16% in September Homes sell for more than list price (in average), and The supply is down to 1 month (this means the MLS...
Market Update: Signs of Summer Boom Emerge as Economy Re-Opens

Market Update: Signs of Summer Boom Emerge as Economy Re-Opens

by Susanne Novak | May 26, 2020 | Market Updates

You would not believe it when you read the papers – buyer demand is through the roof. ​Both properties I listed last week are now in contract at or above list price. The Muirfield residence you see featured at the end of this email had 12 showings on the first...
Market Update: Median Price Jumps 8% while Inventory Remains at Historic Lows

Market Update: Median Price Jumps 8% while Inventory Remains at Historic Lows

by Susanne Novak | Dec 22, 2019 | Market Updates

Columbus will outperform the housing market in 2020.​ That’s the prediction made by the National Association of Realtors (NAR) in their Top Ten Outperforming Metro Market Report. Here are the top 10 US cities listed in the report. What does this mean for you? It...
Market Update: Spike in Condo Sales Makes July Best Ever

Market Update: Spike in Condo Sales Makes July Best Ever

by Susanne Novak | Aug 26, 2019 | Market Updates

July saw a 3.9% increase in home sales. It’s mostly due to a sharp rise in condominium sales while single family homes were stagnant. A lack of new listings kept the inventory at its lowest level ever for the month of July, while home values keep rising. Trends...
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