Central Ohio Real Estate Update: December 2020

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Housing Market Update

Despite a pandemic and all the resulting challenges faced in 2020, the Central Ohio housing market remained strong!

Central Ohio home sales prices are at record highs and homes are selling in record time, whereas inventory is at a record low according to the Columbus REALTORS® Multiple Listing Service.

Over 2,900 homes and condos went into contract last month, which suggest another increase in homes sales for December. 

In Central Ohio, 2020 is looking to end as the highest sales year in history. Home sales, in November, increased by 12.7% and year to date sales are up 3.6%.

“Homes over $350,000 are responsible for the increase in sales this year,” said Andy Mills, 2020 President of Columbus REALTORS®. “However, homes in the more affordable price ranges, which include options for most first-time home buyers, are down because we have simply don’t have the inventory to meet the demand.”

Last month, the average sales price of a home was $269,391 which is up 15.3% from November of last year.  However, the number of home sales was only 2,591, a drop of 19.7% from last month, and a drop of 45.3% from this time last year.

“Traditionally, housing activity recedes slightly when kids go back to school and the holidays approach,” said Mills. “But virtual school and flexible work from home schedules fueled by record low-interest rates have proven just the opposite as demand for housing continues to escalate.”

The consistent appreciation of residential real estate in Central Ohio makes investing in a primary residence and in investment properties a valuable asset to any financial portfolio. 

With the recent increases in COVID-19 cases, real estate agents, lenders, inspectors, and title companies are still taking every precaution to maintain safe and sanitary conditions for listing, showing, and closing homes in Central Ohio.So, if you are thinking of listing your home, or want to take advantage of low interest rates and buy or build your dream home, we will help you through these transitions and transactions in the safest ways possible.

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

Featured Listings:

1363 Bluff Ave. B in Grandview Heights (2 Bedrooms, 1 1/2 Baths, 960 SF)
6106 Quin Abbey Ct. in Dublin (5 Bedrooms, 6 1/2 Bathrooms, 4,952 SF)

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    主辦國家 : 菲律賓、印尼、日本
    正式比賽 : 2023年8月25日–2023年9月10日
    參賽隊伍 : 共有32隊
    比賽場館 : 菲律賓體育館、阿拉內塔體育館、亞洲購物中心體育館、印尼體育館、沖繩體育館

  1164. 世界盃籃球
    2023年的FIBA世界盃籃球賽（英語：2023 FIBA Basketball World Cup）是第19次舉行的男子籃球大賽，且現在每4年舉行一次。正式比賽於 2023/8/25 ~ 9/10 舉行。這次比賽是在2019年新規則實施後的第二次。最好的球隊將有機會參加2024年在法國巴黎的奧運賽事。而歐洲和美洲的前2名，以及亞洲、大洋洲、非洲的冠軍，還有奧運主辦國法國，總共8支隊伍將獲得這個機會。

    在2023年2月20日FIBA世界盃籃球亞太區資格賽的第六階段已經完賽！雖然台灣隊未能參賽，但其他國家選手的精彩表現絕對值得關注。本文將為您提供FIBA籃球世界盃賽程資訊，以及可以收看直播和轉播的線上平台，希望您不要錯過！

    主辦國家 : 菲律賓、印尼、日本
    正式比賽 : 2023年8月25日–2023年9月10日
    參賽隊伍 : 共有32隊
    比賽場館 : 菲律賓體育館、阿拉內塔體育館、亞洲購物中心體育館、印尼體育館、沖繩體育館

  1165. 世界盃籃球
    2023年的FIBA世界盃籃球賽（英語：2023 FIBA Basketball World Cup）是第19次舉行的男子籃球大賽，且現在每4年舉行一次。正式比賽於 2023/8/25 ~ 9/10 舉行。這次比賽是在2019年新規則實施後的第二次。最好的球隊將有機會參加2024年在法國巴黎的奧運賽事。而歐洲和美洲的前2名，以及亞洲、大洋洲、非洲的冠軍，還有奧運主辦國法國，總共8支隊伍將獲得這個機會。

    在2023年2月20日FIBA世界盃籃球亞太區資格賽的第六階段已經完賽！雖然台灣隊未能參賽，但其他國家選手的精彩表現絕對值得關注。本文將為您提供FIBA籃球世界盃賽程資訊，以及可以收看直播和轉播的線上平台，希望您不要錯過！

    主辦國家 : 菲律賓、印尼、日本
    正式比賽 : 2023年8月25日–2023年9月10日
    參賽隊伍 : 共有32隊
    比賽場館 : 菲律賓體育館、阿拉內塔體育館、亞洲購物中心體育館、印尼體育館、沖繩體育館

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