10/23/2024
Summary of the Columbus Realtors Central Ohio Housing report from September 2024.
"The total inventory of homes for sale in the Columbus & Central Ohio Regional MLS was 4,804 in September, 32.6% year over year. The last time inventory reached a two-month supply in central Ohio was August 2018, when 5,429 homes were listed.
“For the better part of two years, we saw a large majority of homeowners choosing to stay in their homes,” said Columbus REALTORS® President Scott Hrabcak. “As mortgage rates dropped and inventory increased, the market stabilized, but sales remained consistent. In the end, consumers have more choices.”
Median sale price inched to $324,000 this month, a 4% increase year over year and a 0.5% increase over last month.
Homes remain on the market for an average of 25 days.
Please reach out for more detail!
Kate Giller, &Ruff