Central Ohio Real Estate Update: November 2017

September 2017 marked the first dip in Central Ohio real estate sales in over 6 years. But was this merely a blip in a much larger trend, or a sign of looming disaster?

It may be too early to know for certain, but I’m excited to announce that year over year real estate sales are once again on the rise! Over 2,700 homes were sold last month, a 4% increase over October 2016. This marks the most homes ever sold in October in Central Ohio.

In addition, average home prices increased by 8%, from $199,530 to $215,296. We also saw a substantial decline in days on market.

According to the latest Housing Market Confidence Index by the Ohio Association of REALTORS®, 90 percent of central Ohio REALTORS® expect prices to rise over the next year, while 8 percent expect prices to level.

For a detailed report on your neighborhood, contact The Alfriend Group today at (614) 395-1776 or visit www.alfriendgroup.com.

About The Alfriend Group

Kyle Alfriend has been selling and marketing homes for over 20 years, successfully selling and buying homes in a variety of market conditions. He has sold over 1,200 homes, totaling over $250 million in homes sales. In Dublin, he has sold more homes that anyone ever. He has represented the areas largest builders, built his own homes, and owns and manages several investment properties. He has been awarded the "Top 10 M.A.M.E. Award (Major Achievements in Marketing Excellence) by the building and Realtor associations every year since 1993. He believes that everyone deserves the very best in knowledge, experience, and integrity when buying or selling their home. The Alfriend Group was started 5 years ago as a real estate team of professionals, specializing in buying/selling homes, property management, and real estate investments. For more information, call us today at (614) 395-1776.

Central Ohio Real Estate, Columbus Ohio, Newsletter, Real Estate News

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