The median sale price in central Ohio rose above $300,000 for the first time since July of 2022 in the latest housing statistics for April 2023 from Columbus REALTORS®.The median sales price
CENTRAL OHIO HOUSING REPORT - MARCH 2023
Dated: April 29 2023
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Home sales are rising, and days on the market are dropping. 72.6 percent of homes sold in 30 days or less in March. On average, homes last 34 days on the market, but that isn’t the case in some of central Ohio’s hottest suburbs.
There were 82 closed sales in Westerville City School District in March, and homes were on the market an average of 16 days. Dublin (Corp.) saw 33 closings, and homes were sold in 10 days last month.
March signifies the start of Spring, and the central Ohio housing market saw a significant uptick month over month. There were 2,304 closings in March as the average sale price increased to $328,769. In February, there were 1,728 closed sales marking a 33 percent increase month to month.
For the better part of two years (2020-22), central Ohio homebuyers became accustomed to homes selling for slightly over the asking price. Last year the percentage of the last list price received sat at 103.5%, and this month the average is back over asking at 100.3%.
Living in Columbus is 40 percent lower than in Seattle, 19 percent lower than in Denver, 41 percent lower than in Washington, D.C., and 3 percent lower than nearby Indianapolis. CLICK HERE TO READ MORE Columbus Realtors Housing Update
Thank you Columbus Realtors for keeping us updated!
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Ann Logan
RE/MAX Achievers
(614) 419-9590
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Ann Logan
As a preferred real estate agent in Central Ohio for the past 15 years, most of Ann's business is referred by prior clients or local corporations. Ann's foundation for excellence begins with honesty, ....
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