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Market Update: Record Sales & Strong Buyer Demand Push Inventory Lower

Market Update: Record Sales & Strong Buyer Demand Push Inventory Lower

by Susanne Novak | Dec 27, 2021 | Market Updates

I received the official homes sales data for November just before the holidays … there is simply no end to the hot housing market. The total number of home sales closed since the start of 2021 already surpassed all sales recorded in 2020. We are certainly...
Market Update: Closed Sales & Pendings on the Rise While Inventory Falls

Market Update: Closed Sales & Pendings on the Rise While Inventory Falls

by Susanne Novak | Nov 29, 2021 | Market Updates

The Columbus housing market was buzzing during the month of October. Home sales were up by 5% and pending contracts were 11.6% higher than a year ago. Buyers who missed out during the spring selling season are taking advantage of less competition while interest rates...
Market Update: Inventory Takes a Tumble as Fewer Owners List in Suburbs

Market Update: Inventory Takes a Tumble as Fewer Owners List in Suburbs

by Susanne Novak | Oct 25, 2021 | Market Updates

Home sales scored another record in September and prices were up by double digits. There was an unexpected drop in inventory (compared to August) which was partially due to a sharp decline in new listings in some major suburbs. New Listings Plummet in Popular Suburbs...
Market Update: Inventory Grows as Price Gain Slows

Market Update: Inventory Grows as Price Gain Slows

by Susanne Novak | Sep 27, 2021 | Market Updates

The Columbus housing market continued to boom in August as 9.3% more transactions closed than a year ago. Prices kept climbing and a large number of listings fetched more than list price. New Listings Drop but Inventory Climbs After New Listings had increased by 21%...
Market Update: Listings Jump 10.4% as Sellers Take Advantage of Mild Winter

Market Update: Listings Jump 10.4% as Sellers Take Advantage of Mild Winter

by Susanne Novak | Feb 23, 2020 | Market Updates

In January, realtor.com named Columbus the TOUGHEST Housing Market to find a Home in the Midwest. That’s based on the fact that only 8.1 homes are listed for every 1,000 households. If you’ve been thinking about selling your home, this market update is for...
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