Central Ohio Real Estate Update: February 2018

Well, 2018 is officially underway, and the familiar theme of low-inventory still remains the primary concern for many buyers. In fact, there were just 3,410 homes on the market last month, a 21% decrease from January 2017.

“Inventory remains at record lows here in central Ohio,” said 2018 Columbus REALTORS® President Sara Walsh. “Just when you think the number of homes for sale couldn’t possibly go any lower – it does. Sellers should realize there’s no reason to wait until the spring to list their home – we have buyers anxious to buy homes now!”

However, low inventory levels make right now the ideal time to sell your home. Average January home prices exceeded $200k for the first time ever. Further, homes are selling in just 44 days (on average), which is incredibly fast for the winter months.

If you’re looking to sell your home in 2018, you should start preparing now, as the peak market (April through June) is just around the corner!

For a detailed report on your neighborhood, contact The Alfriend Group today at (614) 395-1776 or email us at info@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, Sellers

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