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Showing posts from February, 2024

Central Ohio Housing Report - January 2024

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CLOSINGS WERE UP 2.8%, AND THE MEDIAN SALE PRICE INCREASED 8.9% YEAR OVER YEAR Share Tags:CentralOhioColumbus Housing MarketColumbusrealestateColumbusRealtorshome buyerHome Sales News ReleasesHousing Reporthousing statsHousing TrendsOhio Housing News The first month of 2024 saw gains across the board compared to January 2023, marking positive signs for what could follow in the new year. There were 1,558 closed sales in the Columbus & Central Ohio Regional MLS in January, a 2.8 percent increase over the previous year. Eighty-six percent of the sales in January were single-family homes, and the remaining 14 percent (208) were condominiums. Inventory gains were another bright spot. There were 2,066 new listings entered into the MLS, a 10.3 percent increase over the previous year. There are currently 2,890 homes for sale in the region, a 17 percent increase over the 2,471 homes listed in January 2023. “We’ve been seeing some positive signs when it comes to increases in inventory o