by Susanne Novak | Mar 21, 2022 | Market Updates
There were no surprises in the February housing report. Home sales were up by 1.8%, while pending contracts slipped by 1% as compared to a year ago. The 5% increase in new listings improved the inventory by only 3.3%. As of this morning, there were 1,540 active...
by Susanne Novak | Feb 28, 2022 | Market Updates
The Central Ohio Housing Market was mostly unchanged in January. Home sales and pending contracts were slightly lower than last year, while home values kept rising by double digits. Home Sales Down – Inventory Remains Low The chart below shows how Pending...
by Susanne Novak | May 24, 2021 | Market Updates
The Central Ohio housing market is booming. As a buyer you know how hard it is to get an offer accepted when 20 others compete for the same property. Home sales were 23.1% higher in April compared to the same month last year. New listings increased by 32.9%, and the...
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...
by Susanne Novak | Mar 23, 2020 | Covid, Market Updates
The Central Ohio Housing Market Update for February 2020 is fantastic. Sales increased by 13.3%, pending contracts are up by 10.8%, and the median sales price soared by 10.7%. Unfortunately, this does not reflect what happened in the past 2 weeks and how the...
