It’s June, and with the summer heat the real estate market also heats up this time of year. Overall, prices moved up in May, though inventory came up slightly. Expect a slight slow down in early July for summer vacations, then the market usually picks back up again before the fall and winter slow down. … Continued
Whether you’re buying, selling, or both, you will benefit from comprehensive, up-to-date market reports and trends. We want you to have the knowledge to make the best, most informed decisions possible when you are buying or selling a home.
Our reports will tell you how many days homes are on the market, what the average and median prices are, what the Price Per Square Foot is, how many Months of Inventory we have, and even Absorption Rates.
The information in these reports comes directly from the Columbus Board of Realtors, and they are likely the most informative, in-depth market reports you will find for Central Ohio.
Please feel free to contact Realtor Rita Boswell at 614-547-3229 with any questions regarding current real estate conditions in Central Ohio.
It’s May and the house hunting season is in full swing! The number of listings went up in April, but so did the number of homes closed and in contract. Inventory remains low and is about the same as this time last year. Read More to see how the Central Ohio real estate market did … Continued
Birds are singing, flowers are blooming… and the market is heating up! Literally, Columbus was just named the Hottest Market in the US. If you’re thinking about buying a home, what better way to enjoy the lovely weather than to go see some homes for sale! Read More to see how the Central Ohio real … Continued
January is usually the beginning of the end for the slower winter season in real estate. Home buyers in Columbus enjoyed more inventory, longer days on market, and lower prices on average. As the days grow longer, the weather warms, and folks begin to get their tax refunds, that’s when the real estate market swings … Continued
The weather and short days generally make January a slower time for real estate. It’s normal for prices to shift down and properties to spend more time on market. However, thanks to the new year and tax returns on the horizon, many home buyers and sellers are gearing up to enter the housing market soon. … Continued
Columbus Housing Inventory Is UP! It’s been rough for home buyers in Columbus. Housing inventory in the city has experienced 91 months of declining inventory, resulting in ever increasing prices and vicious bidding wars. The good news is, the streak of declining inventory in the city finally broke in September. The number of homes for … Continued
As expected, the market is experiencing its usual seasonal cool down. It is still a seller’s market, but fall and winter are the best time to buy a home. Price reductions will become more common, especially for higher priced homes, and Days On Market will move up. Prices should come down slightly. Lower priced homes remain in … Continued
As we come to the end of summer, we expect to see the market begin to seasonally shift. The frenetic housing frenzy of the spring and summer begins to slow down as families focus on school and then holidays. However, some reports are showing that the market may be headed towards a more balanced state … Continued
National real estate reports are beginning to show a potential market shift. For instance, price cuts are up versus a year ago. This is especially the case in cities such as Seattle and San Diego. The cities with the highest rates of price reductions tend to be cities that were overheated. According to the latest … Continued
Summer is here and the market is HOT HOT HOT! Home prices have hit record highs and days-on-market keeps going down. It’s definitely a great time to sell a home in Central Ohio! Keep reading to see all the charts and information. 🏘️ Columbus Homes For Sale, New Listings, Sold, & Pending The … Continued
Temps are heating up, and so is the Central Ohio real estate market! The number of days on market for Columbus homes for sale is down, and average home prices in Columbus are up. Read on for April’s days on market, average prices, months of inventory, and more. 🏘️ Homes For Sale, Newly Listed, Sold, … Continued
Is it spring yet? Even though Old Man Winter won’t leave us alone, the housing market in Central Ohio is not waiting for the weather to match the season. Our already hot market got even hotter in March, with inventory moving back down and prices moving back up. Keep reading for our days on market, … Continued
Spring is right around the corner! You know what that means?! House hunting season! Better weather and longer days are perfect for touring homes for sale in Columbus. But, is the market more favorable for buyers or sellers? Let’s dive into February’s real estate data and see how the market did and what trends we … Continued
January’s real estate market numbers are out for the Columbus area! Are we still in a Seller’s Market? What are the current trends? How quickly are homes selling? Let’s dig in to the data to find out! Read more to get the latest Central Ohio real estate market information complete with charts and graphs.
The holidays are over and the new year has begun! If you are a home buyer or seller that took a break in December, it’s time to hit the market with renewed focus. Homebuyer traffic is already starting to increase. So sellers, go ahead and start preparing your home to sell. And buyers, it’s time … Continued
The Holidays may be right around the corner, but the real estate market in the Columbus area remains strong! I’ve got the latest real estate market data through October 2017, and it’s still a Seller’s Market in Central Ohio. Things will slow down a bit due to the season. We are beginning to see the … Continued
Inventory moved up slightly in Central Ohio in June, and the Median Price For Homes Sold was the same in June as in May. However, the Average Price Per Square Foot on Sold homes moved up from May to June. Continue reading to get details and see if it was still a Seller’s Market in … Continued
Lewis Center Ohio Real Estate Market Highlights How’s the real estate market doing so far for 2017 in Lewis Center? Is it a Buyer’s Market or a Seller’s Market? How many days are homes sitting on the market? Find the answers to these questions and more in the 1st quarter market update for Lewis Center, Ohio.
In February, I shared a news flash about the extremely low housing inventory in Central Ohio. Conditions do not appear to be improving based on the Months of Inventory for February. We see that Months Of Inventory in Central Ohio continued to drop. The market still needs listings. While the number of days homes are … Continued
The weather may be getting cold, but real estate in Columbus remains hot! While we are seeing a little bit of the normal seasonal slow down in the Columbus area, the Central Ohio real estate market remained a Seller’s Market* in October. There was a small price depreciation since September 2016, but prices are up … Continued
If you have been following my Westerville real estate market updates, you know 2016 has been a fantastic year so far! We will likely see the normal seasonal slow down that happens every fall/winter, but, through the 3rd quarter Westerville remained a Seller’s Market.* Continue reading to see the latest numbers.
In my Lewis Center real estate market report for the first quarter of 2016, we saw low inventory, homes selling quickly, and prices moving up. This is no surprise as it follows national trends. Let’s take a quick look at the latest numbers for Lewis Center, and see how the second quarter real estate market … Continued
As we saw with the first quarter real estate market report for 2016, Westerville, Ohio is experiencing a Seller’s Market. The spring home buying frenzy has continued into the summer, and homes are flying off the shelves. As in the spring, Zillow has Westerville’s market temperature as “Very Hot.” Low housing inventory continues to make … Continued
Low inventory has been the story on the national housing market, and the Lewis Center OH real estate market is no exception. The low housing inventory and increased buyer demand has brought home prices up nationwide. In the current Lewis Center Seller’s Market, home buyers may be struggling to find their dream home. While high … Continued
With the first quarter behind us and the spring housing frenzy in full swing, let’s take a moment to dig into Westerville, Ohio real estate market statistics from the major housing websites. If you’re a home owner and it’s been some time since you’ve checked out the Westerville, OH real estate market, you may be … Continued
You hear it on the news all the time: “It’s a buyer’s market,” “It’s a seller’s market,” or “The housing market is on the rebound.” And, while you probably get the gist of what these folks are talking about, having a deeper understanding of the housing market and how it works can help you immensely … Continued