Whether you’re buying, selling, or both in Columbus, Ohio 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 making a real estate decision in Columbus, Ohio.
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 614-830-9767 with any questions regarding current real estate conditions in Central Ohio.
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In June, Months of Inventory stayed at 0.8. Since this is under 3, it remains a seller’s market. With continued low inventory, home prices continue to rise. Homes continue to sell quickly at only 18 days on average. While that’s longer than the housing frenzy of 2021, it’s relatively quick. Continue reading to see how … Continued
In May, Months of Inventory increased slightly to 0.8. Since this is under 3, it’s still a seller’s market. The number of new listings went up 17.3% compared to May. While the number of new listings finally outpaced the number of pending homes, only time will tell if this is a new trend that could … Continued
In April, the Months of Inventory moved up slightly to 0.9. Since this is under 3, it’s still a seller’s market. The number of new listings went up 4% compared to April. However, the number of homes going into contract outpaced the number of homes listed for sale in April. Low inventory and the seasonal … Continued
In March, the Months of Inventory moved back down to 0.8. Since this is under 3, it’s still a seller’s market. The number of new listings went up 30.2% compared to March. However, the number of homes going into contract and selling outpaced the number of homes listed for sale in March. The lower number … Continued
In February, the Months of Inventory moved back down to 1.1. Since this is under 3, it’s still a seller’s market. The number of new listings went up 6% compared to February. However, the number of homes going into contract and selling outpaced the number of homes listed for sale in February. The lower number … Continued
In January, the Months of Inventory came in at 1.4. Since this is under 3, it’s still a seller’s market. Homes continue to sell quickly at only 31 days on average. Prices appear to be stabilizing, though only time will tell. The number of new listings went up 24% compared to last January. Inventory may … Continued
In December, the Months of Inventory came in at 1.2. Since this is under 3, it’s still a seller’s market. Homes continue to sell quickly at only 26 days on average. Prices appear to be stabilizing, though only time will tell. The number of new listings went down almost 25% compared to last December. Low … Continued
In November, Months of Inventory increased by almost 8%, but it remains a seller’s market because inventory is still low. Homes are still selling quickly at only 23 days on average. Prices appear to be stabilizing, though only time will tell. Continue reading to find out how the Columbus, Ohio housing market is performing. “Today’s … Continued
It’s still a seller’s market, but the real estate market is shifting in the Columbus area. In October, Months of Inventory increased. The total number of homes for sale moved up, but the number of homes placed in contract also moved up month over month. So, overall inventory increased, but there’s still not enough housing. … Continued
It’s still a seller’s market, but the real estate market is shifting in the Columbus area. In September, the Months of Inventory increased. Fewer homes were newly listed, but fewer homes were sold or went into contract. So, overall inventory increased. This is finally causing home price trends to begin to depreciate. That’s good news … Continued
It’s still a seller’s market, but it does appear to be leveling out somewhat in Central Ohio. In August, the Months of Inventory decreased slightly. The absorption rate leveled out, and the price per square foot continued to fall from July’s peak. New listings were yet again outpaced by homes going in contract, and the … Continued
While we’re still in a strong seller’s market thanks to high demand and low inventory, the market does appear to be leveling out in Central Ohio. Months of Inventory went up in July, and the Absorption rate went down. Trends have changed to Steady and Neutral.* In July, the Months of Inventory continued to rise, … Continued
As usual, the market heats up along with the temps. Even though Days On Market are falling and prices are rising, the market is hampered by continued low inventory. In June, the Months of Inventory rose. New listings were yet again outpaced by pending and sold homes, but there was a 40% increase in homes … Continued
As expected, as the weather warms so does the housing market. Even though Days On Market are falling and prices are rising, the market is hampered by continued low inventory. Thankfully, we are seeing more listings enter the market. In May, inventory rose somewhat but new listings were once again outpaced by pending and sold … Continued
As expected, as the weather warms so does the housing market. Even though Days On Market are falling and prices are rising, the market is hampered by continued low inventory. The demand is still there, but the supply just isn’t. In April, it does appear that the number of homes for sale and homes listed … Continued
We remain in a hot seller’s market in Columbus. It’s likely to stay hot because low inventory and high demand continue to be the catalysts. In fact, the below report shows that as of this writing, there are about 900 homes currently for sale in all of Central Ohio.* Looking at the graph below, we … Continued
Since 2020, the Columbus real estate market has been extremely challenging, to say the least. The demand is high, but the supply is not. The supply imbalance has been hardest on buyers of lower-priced homes (where inventory is thinnest). With current economic conditions so murky, it’s hard to say whether or not things will get … Continued
The Columbus area has maintained a hot sellers’ market throughout the winter. This will continue into spring because low inventory continues to be an issue for everyone. In fact, the below report shows that as of this writing, there are less than 900 homes currently for sale in Central Ohio.* Read below to find out … Continued
The Columbus area has maintained a hot sellers’ market throughout the winter, and that will likely continue as we move into spring. Inventory continues to be an issue for buyers and houses are being bought up quickly. New listings are up, but they are being bought up quickly. Buyers are racing to buy before interest … Continued
The Columbus area is still in a hot sellers’ market even as temps cool. Inventory continues to be an issue for buyers and houses are being bought up quickly. New listings are still trending down, but sold price trends are now depreciating. BOTTOM LINE: We NEED more listings in order for the market to balance … Continued
The Columbus area is still in a hot sellers’ market even as temps cool. Inventory continues to be an issue for buyers and houses are being bought up quickly. New listings are still trending down, but sold price trends are now depreciating. BOTTOM LINE: We NEED more listings in order for the market to balance … Continued
Many housing investors, prospective homebuyers, and current homeowners are anxious for what 2022 has in store. The housing market has been wild over the past two years. Prices surged to record levels. Inventory is still at or near record lows. As the year comes to an end, Realtor.com and Redfin have published their 2022 real … Continued
The Columbus area maintained a seller’s market through October and into November. Inventory is still near record lows and houses are being snatched up quickly. New listings are still trending down, and sold price trends are still appreciating. BOTTOM LINE: We NEED more listings in order for the market to balance out. Read below to … Continued
The Columbus area continued to maintain a seller’s market throughout September, of course. Inventory is near record lows and houses are being snatched up quickly. New listings are still trending down, and sold price trends are still appreciating. BOTTOM LINE: We NEED more listings in order for the market to balance out. Read below to … Continued
The Columbus area continued to maintain a seller’s market throughout August. Inventory is near record lows and houses are being snatched up quickly. The number of new listings dropped by 14% in August while pending homes moved up over 16%. Meanwhile, for sale prices fell in August, but sold price trends are still appreciating. Without … Continued
The Columbus area continued to maintain a seller’s market throughout July 2021. Inventory is near record lows and houses are being snatched up quickly. Home prices continue to rise even as the summer winds down. However, it is still a good time to buy for a long-term investment. In the near term, home prices may … Continued
The Columbus area has continued to maintain a seller’s market throughout June. Inventory is nearing record lows and houses are being snatched up quickly. Home prices continue to rise as we head through the summer market. However, it is still a good time to buy for a long-term investment. Consistently low inventory and higher demand … Continued
The Columbus area has continued to maintain a seller’s market throughout May. Home prices came down slightly over the past months which is normal for this time of year – spelling good news for buyers. BUT, inventory is still incredibly low which will continue to benefit sellers. As we come into the summer market, expect … Continued
The Columbus area has continued to maintain a seller’s market throughout April. Home prices came down slightly over the past months which is normal for this time of year – spelling good news for buyers. BUT, inventory is still incredibly low which is definitely going to continue to benefit sellers. As we shift into the … Continued
The Columbus area continued to be in a strong seller’s market throughout March. Home prices came down slightly over the past months (normal for this time of year) – which is good news for buyers. BUT, inventory is still incredibly low which is definitely going to continue to benefit sellers. As we shift into the … Continued
The Columbus area continued to be in a strong seller’s market in February, despite the weather. Home prices are coming down slightly each month (normal for this time of year) – which is good for buyers. BUT, inventory is still incredibly low which is resulting in bidding wars, no contingencies, and favorable conditions for sellers. … Continued
The Columbus area continues to be a strong seller’s market despite being in the dead of winter. Home prices are coming down slightly each month – which is good for buyers. But, inventory is still incredibly low. Consistently low inventory and higher demand are driving up prices year after year. The market normally slows down … Continued
The Columbus area continues to be a strong seller’s market despite being in the dead of winter. Home prices are coming down slightly month by month – which is great news for buyers. But, inventory is still incredibly low. Consistently low inventory levels combined with high demand are continuing to drive prices up year after … Continued
The Columbus area continues to be a strong seller’s market even as temps drop. Home prices are coming down slightly month over month – which is great news for buyers. But, inventory is still lower than ever. Consistently low inventory levels combined with high demand are continuing to drive prices up year over year. We … Continued
The Columbus area remains in a strong seller’s market even with winter around the corner. Home prices are down slightly month over month – great news for buyers. But, inventory remains extremely low. Consistently low inventory levels and high demand are driving prices up year over year. We usually see a seasonal slow down as … Continued
The Columbus area remains in a strong seller’s market despite cooling temps. Home prices continue to rise and inventory remains ridiculously low. We usually see a seasonal slow down as we approach the holiday season, but we’ll have to see what happens this year. Read below to find out how the Columbus, OH housing market is … Continued
The Columbus housing market continues to be an extreme seller’s market. Home prices continues to rise and inventory remains insanely low. Read below to find out how the Columbus, OH housing market is doing and see what trends are happening right now. “Today’s Stats” are also included so you can see how things have changed … Continued
The Columbus housing market continues to be a heavy seller’s market. Home prices are rising and inventory is shockingly low. Read below to find out how the Columbus, OH housing market is doing and see the trends that are occurring. “Today’s Stats” are also included so you can see how things have changed as of … Continued
The Columbus housing market is going crazy! It’s definitely a seller’s market, since home prices are rising and inventory is as low as ever. Read below to find out how the Columbus, OH housing market is doing and see the trends that are occurring. “Today’s Stats” are also included so you can see how things … Continued
The Columbus housing market is HOT!!🔥🔥🔥 Homes are selling fast, home prices are up, and inventory is way down. Keep reading to see how the Columbus Ohio Real Estate Market did in May and to view trends. We’ve also included “Today’s Stats” to help you see where we are as of this writing on June … Continued
As expected, activity in April contracted considerably. The number of homes for sale, newly listed, pending, and closed were all down. However, as states slowly reopen, the Columbus real estate market is starting to pick back up, as you will see from the mid-May stats provided below. People are still buying and selling homes, and … Continued
Given the current healthcare emergency, it is difficult to know what the Columbus real estate market will do. Despite the virus, March still saw home prices and sales move up and days on market move down in Central Ohio. If you need to buy or sell a home during this time, please contact us at … Continued
Given the current healthcare emergency, it is difficult to know what the Columbus real estate market will do in the near future. If you need to buy or sell a home during this time, please contact us at 614-830-9767. You can always start your home search online from your home at RitaBoswellGroup.com. Read More to … Continued
We’re two months into 2020, and the market is already getting HOT! Keep reading to see how the market is doing in Columbus right now.
Happy New Year and New Decade!! Let’s start it off with a great Columbus Real Estate Market Report for home buyers and sellers! Keep reading to see real estate trends that make this an ideal time to buy or sell a home in Columbus!
‘Tis the season for holiday movies, snow days, and beautiful decorations. Believe it or not, it’s also a great time to buy a home! Keep reading to see real estate trends that make winter an ideal time to buy.
What happened to Autumn?! Winter has come early and the Holidays are fast approaching. Even though the holiday season and the cold weather slow the real estate market down, statistically this is the best time to buy a home. Plus, it’s still a seller’s market, so it’s good for homeowners too. Keep reading for the … Continued
It’s definitely Autumn! The time of the year when home prices fall along with temps. In fact, fall and winter are the best times to buy a home because prices and competition are a little lower. While prices are falling slightly with the season, the overall trend of low housing inventory and rising home values … Continued
Summer is almost over, and like clockwork, the real estate market begins to slow down. As expected, home prices are coming down slightly, and homes took a little longer to sell in August compared to July. Keep reading for the full report and to view trends.
July numbers are in! We normally see a small slow down in July as many people go on vacation. The real estate market in Columbus usually picks back up by September before slowing again for the fall and winter. As expected, home prices did fall slightly in July. However, days on market also fell. New … Continued
June numbers show that the market remained as hot as the temperatures! July usually sees a small, temporary market slow down as many people go on their summer vacations this month, so expect that to be reflected in next month’s report. Read More to see how the Central Ohio real estate market did in June … Continued
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
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
It’s officially Spring! When the temperature climbs and there’s more daylight in the evening, it’s perfect for house hunting! Read More to see how the Central Ohio real estate market did in February and to view trends.
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
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
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