Category Archives: Market Reports

Columbus Ohio Housing Market Report – July 2018

Inventory on the rise in central Ohio The inventory of homes for sale in central Ohio in July climbed to 5,184, a 5.5% increase over June, although still down 5.7% from July 2017. This is the highest inventory of homes listed for sale since last fall according to the Columbus REALTORS® Multiple Listing Service (MLS). […]

Columbus Ohio Housing Market Report – June 2018

Not all homes are selling quickly Central Ohio homes only spent an average of 23 days on the market during the month of June, which is 4 days fewer than May and is now the lowest on record, according to the Columbus REALTORS® Multiple Listing Service. “With more buyers than sellers, many homes are selling […]

Markets Where Home Prices Hit Record Highs… Again

Inventory shortages continue to help home prices break record highs, according to an analysis by®. “Never in history have there been more eyes on fewer homes than today,” says Javier Vivas,’s director of economic research. “The price gains observed in the last days of March tell us the market is on pace to see […]

Where are Home Values Headed as Interest Rates Rise

After years of speculation about mortgage interest rates, the Federal Reserve has begun increasing the Fed Funds Rate. The Fed Funds rate sets the cost of borrowing for the banks, and consequently the cost of mortgages for homebuyers. With additional moves at hand, there is concern that more expensive mortgage rates could hamper the housing […]

Columbus Ohio Housing Market Report – January 2018

Central Ohio Housing Inventory at Record Lows Central Ohio housing inventory continued to decrease during the month of January to 3,410, which is 12% below December and 21.2% less than January 2017. This left central Ohio with a 1.2 months supply of inventory at the current sales pace and the 84th consecutive month of year […]

Columbus Ohio Housing Market Report – December 2017

2017 was the Hottest Housing Market in History for Central Ohio There were 32,218 homes and condos sold in central Ohio in 2017, which is 1.7% higher than 2016 and the highest number of homes sold on record for a single year, according to the Columbus REALTORS® Multiple Listing Service. 2017 also saw record high […]

2018 Central Ohio Housing Market Forecast

Almost every major US housing market is plagued by short supply. In fact, inventory nationally for pre-owned properties is at 3.9 months, down 10.4% from last year, this according to the National Association of REALTORS® (NAR) in a recent report. The challenge, according to®, could moderate in the next year. Groundbreaking is projected to […]