Welcome to the Columbus Real Estate Market Report with your trusted Columbus REALTOR© and host, Michael Dalton! In this weekly series, we provide you with real-time information on what’s happening in the Columbus Real Estate Market. If you’re interested in staying updated on the latest trends, make sure to hit that like and subscribe button, and don’t forget to tell a friend!
In this episode, we delve into the current state of the Columbus Real Estate Market. With 2,492 homes available or expected to be listed soon, and 477 homes sold in the previous week, we’ll explore the average sales price of $360,580.51, which is $6,070.97 above the initial asking price.
Last week witnessed the shortest average days on the market this year, with homes being sold in just 15 days on average. An astounding 61% of homes were sold within 5 days or less, and condos had an even quicker turnaround, spending an average of only 8 days on the market.
We’ll also discuss the highest-priced property sold, located on Brookhouse in Columbus, which fetched an impressive price of $1.746 million. Additionally, we’ll take a closer look at Grove City, the most active zip code in the market, where buyers can find excellent value for their money. Last week, the average sales price for homes in Grove City was $341,184.58, approximately $20,000.00 lower than the overall market average.
This dynamic and robust environment in the Columbus Real Estate Market benefits both buyers and sellers. Our research shows that pricing your home correctly leads to faster sales and bigger profits for sellers while presenting a solid offer based on real-time trends increases the chances of a successful purchase.
If you’re considering buying or selling a property, don’t hesitate to reach out to me. I’d love to treat you to a cup of coffee and discuss your options. Alternatively, you can visit my website at mynexthomecolumbus.com for more information.
Thank you for tuning in to today’s Columbus Real Estate Market Report. Stay informed, stay engaged, and I’ll see you next week for more exciting updates!
Contact me through:
📱Call/Text Direct (614)642-4889
📧Email: [email protected]
💻Website: www.mynexthomecolumbus.com
To search for homes in the Columbus area, visit us here:
https://www.mattcteam.com/property-search/search-form/
Want to check the value of your home? Click here:
https://mynexthomecolumbus.com/home-value-analysis/
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