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2023 Annual Report on the Columbus Region Housing Market. Current as of January 12, 2024. All data from Columbus REALTORS® Multiple Listing Service (MLS). | Report ...
2021 Annual Report on the Columbus Region Housing Market Fervent buyer demand, driven by pandemic-induced changes to housing needs and preferences, reached extraordinary levels in 2021. The inventory of homes for sale remained low, as home seller activity did not rise proportionally to meet this demand. New construction activity, while strong,
Summary: During September 2024, 76 homes were sold in Columbus; 14% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days. Report Updated 14 Days Ago. Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS. Report Updated 14 Days Ago.
Average home sales prices in the Columbus HMA were generally stable from 2006 through 2014—declining an average of less than. 1 percent to $172,100. Since 2015, the average sales price has risen; from 2015 through 2018, the average sales price for a home rose an average of 6 percent annually to $219,900. During the.
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Jan 31, 2024 · Similar to other U.S. cities, the central Ohio housing market was hot in 2023. Columbus is a highly sought-after market, but last year it was more challenging than ever for first-time homebuyers . In February 2023, the Mid-Ohio Regional Planning Commission announced that recent growth places Central Ohio among the fastest-growing large metropolitan areas in the country.
The Columbus housing market is very competitive. Homes in Columbus receive 4 offers on average and sell in around 39 days. The median sale price of a home in Columbus was $291K last month, up 4.7% since last year. The median sale price per square foot in Columbus is $188, up 4.1% since last year. Trends.
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2022 Annual Report on the Columbus Region Housing Market 2022 began where 2021 left off: Mortgage rates were near historic lows, buyer competition was fierce, and homes were selling at a breakneck pace, often with multiple bids and all-cash offers, due to pent-up demand and a shortage of housing supply, causing sales prices to soar to new heights.
