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Market Update: Record Number of New Listings Result in First Inventory Gain in 28 Months

Market Update: Record Number of New Listings Result in First Inventory Gain in 28 Months

by Susanne Novak | Aug 30, 2021 | Market Updates

The July 2021 housing report shows how the Columbus real estate market is slowly normalizing. Sales were only 2.7% higher than during the same month a year ago. The Median Sales Price remained at $275,000 for the third month in a row. This represents a year-over-year...
Market Update: Record Sales Fueled by Rise in New Listings

Market Update: Record Sales Fueled by Rise in New Listings

by Susanne Novak | Jul 26, 2021 | Market Updates

June was another record-breaking month for the Columbus housing market. Sales were up by 15.6% over June last year. It only took 11 days in average to get a contract on a listing – that’s 59.3% faster than a year ago. The average sales price peaked at...
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: June 2020 Housing Stats Break All-Time Records

Market Update: June 2020 Housing Stats Break All-Time Records

by Susanne Novak | Jul 27, 2020 | Market Updates

June 2020 was a month of all-time records. The housing market rebounded from the pandemic. We are trying to satisfy the pent-up demand of buyers who could not purchase in spring due to the lock down. Showing requests are 10% higher than last year, while new listings...
Market Update: March Inventory Lower & Sales Prices Higher Despite of the Coronavirus

Market Update: March Inventory Lower & Sales Prices Higher Despite of the Coronavirus

by Susanne Novak | Apr 27, 2020 | Covid, Market Updates

It is truly amazing how quickly the Columbus housing market has adjusted in March to the new normal. Home values keep rising despite of the uncertainty caused by COVID-19. The Columbus Association of Realtors just came out with its March 2020 market update. It’s...
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