Central Ohio Real Estate Market Report

October 2020


If you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the Central Ohio market.

Knowing the most important data will better prepare you to sell your home for the right price, terms, and conditions for you.

My market report showcases everything you need to know about our region's real estate trends. If there is a particular area you'd like me to research for you, then I'd be happy to do so!

Here are the most important takeaways you should know.

Housing Inventory is Record Low

As you can see in the chart below comparing the supply of Central Ohio homes for sale every September since 1999, it's the lowest it's been in 20+ years!

 

Suburban > Urban

According to Realtor.com, suburban markets are outperforming urban markets.

 

Prices Should Continue to Rise

Most real estate industry experts  predict continued home price appreciation.

 

This Month's Stats...


 

3,633

New Listings

3,513

Active Listings

1,868

Under Contract

3,527

Closed Sales

 

278,000

Average Sales Price

22

Average Days on Market

$150

Average Price Per Square Foot

1.27

Months of Supply


Homes Sold

99.8%

of List Price


How does your home stand in this market?

I'm able to explain what these numbers mean for you and your home's current market value. 

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