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...
by Susanne Novak | May 29, 2016 | Market Updates
The Columbus housing market continues to boom and the average sales price of existing homes has surpassed $200,000. As we approach the peak of the spring buying season, home sellers got used to multiple offers above list price and contracts within days of listing...
by Susanne Novak | Jan 31, 2016 | Market Updates
2015 was record breaking for real estate in Columbus OH. The market beat its previous high of 2005 when housing boomed. The total number of homes and condos sold in 2015 was 29,408 – almost 2,000 units more than in 2005. While December 2015 home sales were up by...
by Susanne Novak | Apr 26, 2015 | Market Updates
The Central Ohio housing market finished the first quarter of 2015 with a bang. Columbus home sales skyrocketed to the highest level since 2006. Pending contracts are also substantially higher than a year ago and home values appear to increase at a healthy pace. The...
by Susanne Novak | Mar 29, 2015 | Market Updates
In February 2015 the Columbus housing market has reached new extremes. The inventory of homes for sale has dropped below 7,000. It hasn’t been that low since the early 1990’s. There are only half as many homes listed for sale in 2015, as were during the...