“But the increases in inventory during the last four months of the year suggests more choices for buyers in 2019.”
“This solid housing demand, fueled by a growing economy and low unemployment, reinforces the health of the central Ohio market."
"Yet sellers are still seeing healthy appreciation in the value of their home.”
"For ninety-one straight months inventory was declining and favored the sellers while discouraging buyers in some price points. This slight supply shift may encourage buyers to get back in the home search arena while interest rates are still very good."
“Scarce supply of homes in some price points are still producing quicker sales, even though the number of sale pending properties has fallen.”
“Central Ohio sellers recognize it continues to be an excellent time to put their home on the market.”
Central Ohio homes only spent an average of 23 days on the market during the month of June, which is four days fewer than May and is now the lowest on record, according to the Columbus REALTORS® Multiple Listing Service. “With more buyers than...
“2018 is proving to be a solid year of healthy home price increases in central Ohio.”
“Home values continue to increase which is an incredibly positive sign of the strength of the central Ohio market."
“Home prices are continuing to climb and are a true reflection of how strong our market is in the greater Columbus region,” Walsh said. “This trend will likely continue as more homes are added to the market.”