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CENTRAL OHIO HOUSING REPORT - JANUARY 2023

TOTAL SALES HIT A SNAG IN THE FIRST MONTH OF THE NEW YEAR,
BUT INVENTORY IS ON THE RISE!


There are two sides to a coin. That’s been the prevailing feeling around the real estate market in central Ohio over the last six to eight months.

While the average and median sales prices have continued to increase, the increase in mortgage rates has caused the total number of sales to decline.

The central Ohio housing statistics provided by Columbus REALTORS® show a 19.2 percent decrease in closed sales year over year for the month of January. There were 1,515 closed sales in the first month of 2023, which more closely mirrored the pre-pandemic years of 2018 (1,635) and 2019 (1,602).

View Full News Report
View Housing Report - Columbus Region
What You Should Know About Closing Costs
 
Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. Read more
Why It’s Easy To Fall in Love with Homeownership

No matter how the housing market changes, there are some things about owning a home that never change—like the personal benefits it can provide. Read more
Listed at $40,000
Asking Price $429,900
2 Story-Retail Building
2 Story-Single Family Freestanding
APPLY NOW!

Racquel Ludaway, Realtor®

The Ludaway Group of Keller Williams Consultants

Email: [email protected]

Phone: 614-681-8866

Website: www.buyorsellcolumbushomes.com
 
Schedule a Call with Racquel Ludaway
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