Central Ohio Real Estate Update: June 2021

Housing Market Update

Summer is here and the Central Ohio real estate market is the hottest in the country!

Homes in Central Ohio continue to sell for record prices and in record time. Despite the large increase in local home sale prices, on average, homes sold in just 14 days last month.

Days on market refers to the number of days between the time the home is actively listed for sale until the time it goes into contract or is temporarily withdrawn from the market, not the time from listing to closing.

“This is not necessarily how long the house has been on the market,” said Michael Jones, 2021 President, Columbus REALTORS®. “If an owner switches real estate agents, the number is reset. There are also occasions when a home is withdrawn and later relisted. This would also reset the DOM. However, REALTORS® are able to research the properties MLS history and can tell more effectively how long the property has been on the market.”  
There is not only less inventory in the existing home market; but, many local builders are having problems obtaining the necessary lumber and other materials to continue new construction communities in the area. Some builders are even on a building freeze, whereby they are not committing to any new contracts until they can finish the homes they have already started.

Although there are significantly less homes listed for sale right now, 50% more homes have sold compared to this time 10 years ago.

We are also seeing a drastic change in market shares. With escalating list and sales prices, homes priced under $350,000 have gone from 93.5% to 68.4% of homes sold in the past 10 years. While homes sold over $700,000 have increased from 13 homes to 137 homes and days on market dropped from 251 days to only 27 days.

“The dramatic changes in market share and days on market provide meaningful insight into the needs and wants of today’s home buyer,” added Jones. “And the fact that we have so many more buyers in the higher price ranges impacts the average market home sale price.”

Last month, the average sales price of a home in Central Ohio was $315,127  which is a 21.8% increase year over year since 2011. Similarly, the average home sales rose 18.1% year over year, and 7.1% since this past April.

Buyers welcomed the increase in new inventory last month, but competition still remains stiff, and bidding wars are still a common occurrence in this seller’s market.

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. 

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, and widespread vaccinations are helping both buyers and sellers safely relocate.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:

6106 Quin Abbey Ct. in Dublin
5514 Colling Dr. in Dublin

For Rent:

239 Wilber Ave. Unit 3

1,425 thoughts on “Central Ohio Real Estate Update: June 2021

  1. What’s Taking place i am new to this, I stumbled upon this I’ve found It positively helpful and it has aided me out loads. I’m hoping to give a contribution & aid other users like its helped me. Great job.

  2. I do agree with all of the ideas you’ve offered in your post. They’re very convincing and can certainly work. Still, the posts are very short for starters. May you please prolong them a little from next time? Thank you for the post.

  3. I do believe all of the concepts you have presented in your post. They’re really convincing and can certainly work. Nonetheless, the posts are too brief for novices. Could you please prolong them a little from next time? Thank you for the post.

  4. I would like to thank you for the efforts you’ve put in penning this blog. I am hoping to see the same high-grade blog posts by you in the future as well. In truth, your creative writing abilities has inspired me to get my own blog now 😉

  5. Heya i’m for the first time here. I came across this board and I find It really useful & it helped meout much. I hope to give something back and aid others likeyou aided me.

  6. Hello there, just became alert to your blog through Google, and found that it’s really informative. I’m going to watch out for brussels. I will appreciate if you continue this in future. Lots of people will be benefited from your writing. Cheers!

  7. I¡¦m not positive where you are getting your info, however great topic. I needs to spend a while learning much more or understanding more. Thanks for fantastic info I used to be in search of this info for my mission.

  8. Pingback: bahis siteleri
  9. Hi there! Do you know if they make any plugins to assist with Search Engine Optimization?I’m trying to get my blog to rank for some targeted keywords but I’m not seeing verygood success. If you know of any please share.Appreciate it!

  10. Hi, I do believe this is a great blog. I stumbledupon it 😉 I may revisit once again since i have book-marked it. Money and freedom is the best way to change, may you be rich and continue to help other people.

  11. When someone writes an paragraph he/she retains the image of a user in his/her brain that how a user can understand it. So that’s why this piece of writing is perfect. Thanks!

  12. I don’t even understand how I ended up here, but I believed this submit was once great.I don’t know who you are but certainly you’re going to a famousblogger in the event you are not already. Cheers!

  13. Nice post. I was checking constantly this blog and I’m impressed! Extremely helpful information specially the last part 🙂 I care for such information a lot. I was looking for this particular info for a very long time. Thank you and best of luck.

  14. What’s Taking place i’m new to this, I stumbled upon this I have discovered It absolutely useful and it has aided me out loads. I’m hoping to give a contribution & help other customers like its aided me. Great job.

  15. Hi! This post couldn’t be written any better! Reading this postreminds me of my old room mate! He always kept chattingabout this. I will forward this article to him. Fairly certain he will have agood read. Thank you for sharing!

  16. I’m no longer positive the place you’re getting your information, but good topic.I needs to spend some time learning much more or figuring out more.Thanks for magnificent information I used to bein search of this information for my mission.

  17. Wow that was odd. I just wrote an very long comment but after I clicked submit my comment didn’t appear.Grrrr… well I’m not writing all that over again. Anyways, just wanted to say great blog!

  18. Thanks for finally talking about > منع تدفق  مياه نهر الفرات إلى سورية والعراق هوسلاح تركيا الصامت في شمال شرق سوريةمما ينذر بكوارث  بيئية وإنسانيه!؟؟ – ستراتيجيانيوز

  19. I really love your site.. Great colors & theme. Did you build this amazing site yourself? Please reply back as Iím attempting to create my very own blog and want to find out where you got this from or exactly what the theme is named. Thanks!

  20. Greetings, I do believe your website could possibly be having internet browser compatibility issues. Whenever I look at your blog in Safari, it looks fine however when opening in IE, it’s got some overlapping issues. I merely wanted to give you a quick heads up! Besides that, wonderful website!

  21. I am extremely impressed with your writing skills and also with thelayout on your blog. Is this a paid theme or did you modify it yourself?Anyway keep up the excellent quality writing, it’s rareto see a great blog like this one nowadays.

  22. Hi! I could have sworn Iíve visited this site before but after looking at a few of the articles I realized itís new to me. Regardless, Iím definitely delighted I discovered it and Iíll be book-marking it and checking back often!

  23. Hi there, just became aware of your blog through Google, and found that it is truly informative. I’m going to watch out for brussels. I will be grateful if you continue this in future. Many people will be benefited from your writing. Cheers!

  24. Having read this I believed it was very enlightening. I appreciate you spending some time and effort to put this article together. I once again find myself personally spending a lot of time both reading and posting comments. But so what, it was still worth it!

  25. The very next time I read a blog, Hopefully it does not disappoint me as much as this one. After all, Yes, it was my choice to read through, however I actually believed you would probably have something helpful to say. All I hear is a bunch of complaining about something you could fix if you weren’t too busy seeking attention.

  26. Hi there, just became aware of your blog through Google, and found that it is really informative. I’m gonna watch out for brussels. I will appreciate if you continue this in future. Many people will be benefited from your writing. Cheers!

  27. Iím impressed, I must say. Seldom do I encounter a blog thatís equally educative and amusing, and let me tell you, you’ve hit the nail on the head. The issue is something that too few people are speaking intelligently about. I’m very happy I found this during my search for something relating to this.

  28. Greetings, I believe your web site may be having browser compatibility issues. When I take a look at your website in Safari, it looks fine however when opening in IE, it’s got some overlapping issues. I simply wanted to give you a quick heads up! Apart from that, excellent website!

  29. I was extremely pleased to uncover this website. I need to to thank you for ones time for this fantastic read!! I definitely savored every bit of it and i also have you bookmarked to check out new information in your blog.

  30. An outstanding share! I have just forwarded this onto a co-worker who has been conducting a little research on this. And he actually bought me lunch due to the fact that I stumbled upon it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanx for spending the time to discuss this topic here on your web page.

  31. I’m pretty pleased to discover this site. I need to to thank you for your time just for this wonderful read!! I definitely liked every bit of it and i also have you book marked to look at new information on your blog.

  32. You are so cool! I don’t believe I have read anything like that before. So good to find another person with a few genuine thoughts on this issue. Really.. thanks for starting this up. This site is something that is required on the internet, someone with a bit of originality!

  33. A fascinating discussion is definitely worth comment. There’s no doubt that that you should write more about this topic, it may not be a taboo matter but usually folks don’t speak about these issues. To the next! Best wishes!!

  34. Hello, I do believe your web site may be having internet browser compatibility issues. Whenever I look at your site in Safari, it looks fine however, if opening in Internet Explorer, it’s got some overlapping issues. I just wanted to give you a quick heads up! Aside from that, excellent website!

  35. Oh my goodness! Impressive article dude! Thanks, However Iam going through issues with your RSS. I don’t know why I can’t join it.Is there anybody else getting the same RSS issues? Anybody who knowsthe solution can you kindly respond? Thanx!!

  36. Howdy, I do believe your web site may be having browser compatibility problems. When I take a look at your web site in Safari, it looks fine however, if opening in IE, it has some overlapping issues. I simply wanted to give you a quick heads up! Other than that, great website!

  37. I really love your site.. Pleasant colors & theme. Did you create this website yourself? Please reply back as Iím wanting to create my own personal blog and want to find out where you got this from or what the theme is named. Many thanks!

  38. Have you ever heard of second life (sl for short). It is basically a game where you can do anything you want. SL is literally my second life (pun intended lol). If you would like to see more you can see these Second Life authors and blogs

  39. This is the right blog for everyone who would like to find out about this topic. You understand a whole lot its almost tough to argue with you (not that I personally would want toÖHaHa). You certainly put a brand new spin on a topic which has been discussed for ages. Great stuff, just great!

  40. Greetings, I do think your site could possibly be having browser compatibility problems. When I take a look at your site in Safari, it looks fine however, when opening in IE, it has some overlapping issues. I just wanted to provide you with a quick heads up! Aside from that, fantastic blog!

  41. I’m excited to uncover this page. I want to to thank you for ones time for this particularly fantastic read!! I definitely really liked every little bit of it and I have you saved to fav to see new information on your site.

  42. Aw, this was an incredibly nice post. Finding the time and actual effort to make a top notch articleÖ but what can I sayÖ I put things off a whole lot and never manage to get nearly anything done.

  43. I will immediately snatch your rss feedas I can’t to find your email subscription linkor newsletter service. Do you have any? Kindly let me recognizein order that I may subscribe. Thanks.

  44. After I initially commented I appear to have clicked on the -Notify me when new comments are added- checkbox and from now on every time a comment is added I get four emails with the exact same comment. Is there a way you can remove me from that service? Many thanks!

  45. Greetings, I do think your web site may be having internet browser compatibility problems. When I take a look at your website in Safari, it looks fine however, when opening in I.E., it’s got some overlapping issues. I just wanted to provide you with a quick heads up! Besides that, fantastic website!

  46. I’m excited to find this web site. I wanted to thank you for your time for this fantastic read!! I definitely loved every part of it and i also have you saved as a favorite to look at new things in your site.

  47. The very next time I read a blog, I hope that it doesn’t disappoint me just as much as this particular one. After all, I know it was my choice to read through, nonetheless I genuinely thought you would probably have something helpful to say. All I hear is a bunch of whining about something you could possibly fix if you weren’t too busy searching for attention.

  48. The very next time I read a blog, I hope that it won’t disappoint me as much as this particular one. After all, Yes, it was my choice to read, nonetheless I really believed you’d have something interesting to talk about. All I hear is a bunch of moaning about something that you can fix if you were not too busy looking for attention.

  49. I seriously love your blog.. Pleasant colors & theme. Did you develop this site yourself? Please reply back as Iím trying to create my own site and would love to learn where you got this from or exactly what the theme is named. Appreciate it!

  50. An interesting discussion is definitely worth comment. There’s no doubt that that you need to publish more about this subject, it might not be a taboo subject but usually people don’t talk about such issues. To the next! Kind regards!!

  51. Hello! I could have sworn Iíve visited this web site before but after browsing through some of the articles I realized itís new to me. Nonetheless, Iím definitely happy I came across it and Iíll be bookmarking it and checking back frequently!

  52. Having read this I believed it was extremely enlightening. I appreciate you taking the time and energy to put this article together. I once again find myself personally spending a significant amount of time both reading and commenting. But so what, it was still worth it!

  53. Iím amazed, I must say. Rarely do I come across a blog thatís both educative and entertaining, and let me tell you, you have hit the nail on the head. The problem is an issue that too few folks are speaking intelligently about. I am very happy that I stumbled across this during my search for something regarding this.

  54. I absolutely love your website.. Great colors & theme. Did you create this website yourself? Please reply back as Iím attempting to create my very own site and would love to know where you got this from or exactly what the theme is named. Many thanks!

  55. Hi, I do think this is an excellent web site. I stumbledupon it 😉 I’m going to revisit yet again since i have saved as a favorite it. Money and freedom is the greatest way to change, may you be rich and continue to guide other people.

  56. An fascinating dialogue is value comment. I think that you need to write more on this topic, it may not be a taboo subject but generally people are not sufficient to speak on such topics. To the next. Cheers

  57. An interesting discussion is definitely worth comment. I think that you need to publish more on this subject, it might not be a taboo matter but usually folks don’t speak about these issues. To the next! Kind regards!!

  58. I must thank you for the efforts you’ve put in writing this site. I am hoping to view the same high-grade blog posts from you later on as well. In fact, your creative writing abilities has encouraged me to get my very own site now 😉

  59. Right here is the right webpage for anybody who wishes to understand this topic. You understand so much its almost hard to argue with you (not that I personally would want toÖHaHa). You certainly put a brand new spin on a topic that has been discussed for a long time. Great stuff, just wonderful!

  60. I absolutely love your site.. Very nice colors & theme. Did you build this website yourself? Please reply back as Iím looking to create my own personal site and would like to find out where you got this from or just what the theme is called. Cheers!

  61. Next time I read a blog, I hope that it doesn’t disappoint me as much as this particular one. I mean, Yes, it was my choice to read through, nonetheless I genuinely believed you would probably have something interesting to talk about. All I hear is a bunch of whining about something you could fix if you were not too busy searching for attention.

  62. Hi there, I believe your blog may be having web browser compatibility problems. Whenever I take a look at your blog in Safari, it looks fine but when opening in I.E., it’s got some overlapping issues. I merely wanted to provide you with a quick heads up! Other than that, great website!

  63. Iím impressed, I must say. Seldom do I encounter a blog thatís both educative and interesting, and let me tell you, you have hit the nail on the head. The problem is an issue that too few people are speaking intelligently about. I’m very happy I stumbled across this in my hunt for something relating to this.

  64. After going over a number of the articles on your web page, I seriously like your way of writing a blog. I bookmarked it to my bookmark webpage list and will be checking back in the near future. Please check out my web site as well and let me know how you feel.

  65. An outstanding share! I’ve just forwarded this onto a colleague who had been doing a little research on this. And he in fact ordered me dinner because I discovered it for him… lol. So allow me to reword this…. Thank YOU for the meal!! But yeah, thanks for spending the time to talk about this topic here on your blog.

  66. An outstanding share! I have just forwarded this onto a colleague who had been doing a little research on this. And he actually ordered me dinner because I found it for him… lol. So let me reword this…. Thank YOU for the meal!! But yeah, thanks for spending time to discuss this topic here on your web page.

  67. Hi there! This post couldn’t be written any better! Reading through this post reminds me of my previous room mate! He always kept talking about this. I will forward this article to him. Pretty sure he will have a good read. Many thanks for sharing!

  68. Hi! I could have sworn Iíve visited this site before but after browsing through many of the posts I realized itís new to me. Nonetheless, Iím definitely pleased I found it and Iíll be bookmarking it and checking back regularly!

  69. I do trust all of the concepts you’ve offered on your post. They are very convincing and can certainly work. Nonetheless, the posts are very quick for beginners. Could you please extend them a little from next time? Thank you for the post.

  70. Iím amazed, I have to admit. Seldom do I encounter a blog thatís both equally educative and amusing, and let me tell you, you have hit the nail on the head. The problem is something not enough folks are speaking intelligently about. I’m very happy I found this in my hunt for something concerning this.

  71. An impressive share! I have just forwarded this onto a co-worker who was conducting a little research on this. And he in fact bought me lunch because I found it for him… lol. So allow me to reword this…. Thank YOU for the meal!! But yeah, thanx for spending time to discuss this issue here on your internet site.

  72. May I simply say what a relief to discover someone that truly knows what they’re talking about on the web. You definitely know how to bring an issue to light and make it important. More and more people must read this and understand this side of your story. I was surprised you’re not more popular given that you most certainly possess the gift.

  73. Right here is the perfect webpage for anyone who hopes to find out about this topic. You understand so much its almost tough to argue with you (not that I actually would want toÖHaHa). You definitely put a fresh spin on a subject that’s been discussed for ages. Excellent stuff, just excellent!

  74. I blog frequently and I seriously appreciate your information. This great article has really peaked my interest. I’m going to take a note of your site and keep checking for new details about once a week. I opted in for your RSS feed as well.

  75. Oh my goodness! Incredible article dude! Thank you so much, However I am going through troubles with your RSS. I donít understand why I am unable to subscribe to it. Is there anybody else getting the same RSS issues? Anyone that knows the solution will you kindly respond? Thanx!!

  76. Iím amazed, I have to admit. Rarely do I encounter a blog thatís both equally educative and interesting, and let me tell you, you have hit the nail on the head. The issue is something which not enough folks are speaking intelligently about. I’m very happy I came across this in my hunt for something relating to this.

  77. Hello there! I could have sworn Iíve been to this blog before but after looking at many of the articles I realized itís new to me. Regardless, Iím definitely happy I stumbled upon it and Iíll be book-marking it and checking back often!

  78. May I simply just say what a comfort to uncover somebody who genuinely knows what they’re discussing on the internet. You definitely realize how to bring an issue to light and make it important. A lot more people ought to check this out and understand this side of your story. I can’t believe you are not more popular because you most certainly possess the gift.

  79. An outstanding share! I’ve just forwarded this onto a coworker who was doing a little research on this. And he in fact ordered me lunch simply because I stumbled upon it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanks for spending time to talk about this subject here on your blog.

  80. Howdy! This post could not be written anybetter! Looking at this post reminds me of my previous roommate!He constantly kept preaching about this. I will send this post to him.Fairly certain he will have a good read. I appreciateyou for sharing!