by Susanne Novak | Nov 27, 2017 | Market Updates
The Central Ohio Housing Market is still going strong with October sales beating last years by 184 homes sold (up by 4.4%).The average sales price was 7.9% higher, and the inventory of homes listed for sale is 14% lower than a year ago. Click here to see detailed...
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 | May 28, 2017 | Market Updates
The lack of listing inventory has caught up with the housing market. Home sales dropped by a staggering 10.9% in April (while values sky-rocket). This is very unusual and never happened in spring. Traditionally, April and May have been the months when home sales...
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 | Jan 29, 2017 | Market Updates
December 2016 home sales were flat as compared to a year ago, but home values keep rising. We did not see the usual “December Spike” I mentioned in a previous market update. Overall 2016 was a record year! Closed sales were up by 6.8% and home values rose...