by Susanne Novak | Jan 29, 2018 | Market Updates
“The hottest housing market in history”, that’s how Columbus Realtors headlined their annual 2017 housing report. In summary: Home values have increased by 6.3% (average sales price: $214,802) Sales were up by 1.7% (closed sales: 32,218) The...
by Susanne Novak | Sep 25, 2017 | Market Updates
The Columbus housing market is on track to hit a record year. Are we over the top, yet? Maybe. Here’s why I believe the market will normalize over the next 12 months. New Listings Up By 10.4% One indicator for a normalizing market are New Listings. As you can...
by Susanne Novak | Jun 25, 2017 | Market Updates
The average sales price has increased in Central Ohio every single month since early 2013. It is no surprise we hit a new record in May 2017. As more people move to Columbus there’s a tremendous need for housing. Despite an a booming apartment rental sector and...
by Susanne Novak | Feb 26, 2017 | Market Updates
New home construction has surged all over the country in 2016. With inventories dropping further every single month, many of my customers choose to buy a spec home (or have one built). This is the best solution, if you can’t find the features you are looking for...
by Susanne Novak | Sep 11, 2016 | Market Updates
Home sales dropped by 7.6% in the Columbus MLS during the month of July 2016. This comes as a surprise to both economists and Realtors, who predicted solid growth for the rest of the year. Why did the Columbus Real Estate Market fall off a Cliff? Here are a few...