Summer is here, and the real estate market in Columbus is really heating up!
Average home prices topped $235,000 which is a 3.8% increase from this time last year, and set a record high! “2018 is proving to be a solid year of healthy home price increases in central Ohio,” said 2018 Columbus REALTORS® President Sara Walsh.
Further, the number of homes for sale also appears to be on the rise. There were 4,394 homes listed last month, an 8% increase over the same time last year.
This brought inventory to 4,471, an increase of 16.1 percent over last month. “REALTORS® are preparing anxious buyers for multiple offer competition in certain price ranges so the increase in inventory is more than welcome,” Walsh said.