CommonCents of OwnerLand Realty

07/01/2025

🎉 Just Sold in Dublin! 🏡

5875 Myrick Rd closed and the seller saved $9,800 in commission using my flat fee listing service instead of the typical 3%.

Same MLS exposure, same buyer pool, same results — just way more money in their pocket.

If you're thinking of selling and like the sound of keeping more of your equity... let's talk.

📍 Dublin, OH
💰 Sold fast. Saved big.

09/02/2024

Curious about how the Central Ohio housing market is faring this summer? 🌞 Our latest blog post dives into the key trends and shifts happening right now. Whether you’re a buyer, seller, or just keeping an eye on the market, this update has got you covered.

🔑 Highlights include:

-Market Trends: See what’s driving prices and availability in your neighborhood.
-Expert Insights: Understand what these mid-year shifts mean for you.
-Actionable Advice: Tips for making smart moves in today’s market.

Don't miss out on the latest information—click the link below to stay informed and make the best decisions in the evolving housing landscape!

📲 Read more: https://www.commoncents614.com/post/central-ohio-housing-market-update-july-2024-navigating-the-mid-year-shifts

As we dive into the heart of summer, the Central Ohio housing market is revealing some intriguing shifts. With the July 2024 data freshly released, it’s clear that the market is experiencing a bit of a balancing act. If you’re a buyer, seller, or just keeping an eye on the local real estate tren...

08/19/2024

📉 Real Estate Market Update: Should You Sell Now?

The market is shifting, and it's important to understand the current dynamics before making any decisions.

Interest Rates: Yes, interest rates are higher than we've seen in recent years. This has cooled buyer demand somewhat, but serious buyers are still out there, particularly those looking to buy before rates potentially rise further.

Stable Home Prices: While the rapid price increases have slowed, home values in Central Ohio remain strong. Sellers can still benefit from the equity they've built over the past few years, even in this evolving market.

Low Inventory: Despite the higher rates, there’s still a shortage of homes for sale. This limited inventory means that well-priced, well-presented homes can still attract competitive offers.

Serious Buyers: The buyers who are in the market now are serious and motivated. They’ve adjusted to the higher rates and are committed to finding the right home.

If you’re considering selling, it’s crucial to have a clear strategy. I can provide a realistic assessment of what your home could sell for in today’s market and help you decide the best course of action.

📞 Let’s have an honest conversation about your options.

07/13/2024

Exciting news for homeowners and homebuyers in Central Ohio! Learn how the NAR settlement could benefit you 🏡💰 Click the link to find out more: https://wix.to/2Y5uWmc
https://wix.to/PLbzcDi

11/27/2023

Central Ohio Housing Report - October 2023
📌 October recorded 2,360 closed sales in the central Ohio Regional MLS, marking a 7.7% decline from the previous year.
📌 The median sales price in the region reached $305,000, a 7% increase compared to October 2022 when it was $284,945.
📌 Homes in central Ohio continue to sell rapidly, with an average time on the market of 22 days, similar to the previous year.
📌 Columbus REALTORS® President Patti Brown-Wright notes a 15% decrease in sales compared to 2022, while the median sales price has risen by 5%.
📌 The main differences between October 2022 and 2023 are attributed to changes in mortgage rates and rising prices, with rates about two points lower the previous year.
📌 Year-to-date, central Ohio recorded 23,568 sales in the regional MLS, totaling $8.2 billion in sales volume, compared to 27,605 sales and $9.1 billion in volume at the same time last year.
📌 In the local market spotlight, the Worthington City School District saw a 57.5% increase in sales with 63 transactions and a median sale price of $367,000. Hilliard City School District experienced a 19% increase with 125 sales and a 15.6% rise in median sale price to $382,000.
*Data by ColumbusRealtors.com

10/23/2023

Central Ohio September 2023 Housing Report:
📍 In September 2023, central Ohio recorded 2,445 closed sales and nearly 2,900 new listings, as per the Columbus REALTORS® housing report.
📍 Compared to September 2022, closed sales decreased by 14.5%, but the median sales price increased by 6.9% to reach $310,000.
📍 During September, 2,875 new listings were added to the Columbus and Central Ohio Regional MLS, with a total inventory of 3,624 homes available for sale, slightly lower than the previous year.
📍 The real estate market has adapted to gradual changes, with one of the significant factors being the rise in mortgage rates over the past 24 months.
📍 Mortgage rates have transitioned from record lows under 3% to levels not seen since the millennium, prompting a need for perspective in today's real estate environment.
📍 In 1975, the average 30-year fixed mortgage rate was 9.05%, reaching a peak of 16.63% in 1981. Rates remained in double digits until 1991, after which they gradually declined, marking a stark contrast to the recent decades of mostly sub-5% rates.
Data by ColumbusRealtor.com

09/22/2023

Central Ohio Housing Report - August 2023:
📍 In August 2023, central Ohio's housing inventory reached 3,434 homes, equivalent to a 1.5-month supply, showing a 19% increase since June.
📍 Closed sales in August totaled 2,876, a 14.8% increase over July but down 10.5% year-over-year.
📍 The median sale price in August was $316,995, up 7.5% from the previous year.
📍 Franklin County accounted for 50.1% of closed sales, with a median sale price of $305,000, while Delaware County had a median sales price of $491,000, a 9% increase year-over-year.
📍 Year-to-date, there have been 18,721 closed sales in the region, a 15% decrease compared to the same period last year.
*Data by ColumbusRealtors.com

09/08/2023

Just Sold in Powell with CommonCents for $507,000 and saved over $15,000 in commissions!

08/23/2023

Central Ohio Housing Report - July 2023
✔ Following three consecutive months of achieving record-breaking median sales prices, there was a 2.2% decline from June to July.
✔ Central Ohio's inventory increased by 8.7% from the previous month, totaling 3,137 homes available for sale in July.
✔ While the median sales price reached a new high of $322,205 in June, it slightly adjusted to $315,000 in July, still reflecting a 4.8% year-over-year increase.
✔ Closed sales experienced a 21.7% year-over-year decrease, with 2,505 homes sold in July.
✔ Homes were on the market for an average of 17 days in July, down from 20 days in June.
✔ The total inventory equates to a 1.3 months' supply, marking an 8.3% increase compared to the previous July.
✔ Grove City observed an 11.3% rise in closings with 69 homes sold at a median price of $339,900.
✔ Reynoldsburg reported a 6.9% surge in closed sales, totaling 62, resulting in a median sale price of $305,000.
✔ New Albany (Corp.) maintained a consistent median sale price of over $1 million for the second month in a row, recording 25 closed sales with a median price of $1,125,650.
Data by ColumbusRealtors.com

07/21/2023

Central Ohio Housing Market Data - June 2023:
📌 Inventory in central Ohio is up by 8.1% compared to the previous month, reaching 2,887 homes for sale.
📌 The median sales price of homes in central Ohio has set a new all-time high for the second consecutive month, reaching $322,205 in June 2023, a 22.6% increase since January.
📌 Homes in central Ohio averaged 20 days on the market for the second consecutive month, and buyers were paying on average 2.1% over the asking price in June.
📌 The average rate for a 30-year fixed mortgage in central Ohio was 6.96% as of July 3, 2023, the highest rate in eight months.
📌 Newark saw a significant increase in sales with a 91% year-over-year growth, with 63 homes sold in June at a median sales price of $243,500.
📌 Columbus, Ohio, ranked No. 7 on the Realtor.com Top 20 Hottest Housing Markets list for the second consecutive month, with Dayton ranking at No. 18.
*Data by ColumbusRealtors.com

07/14/2023

Pickleball is exploding in popularity across the country, but you don’t need to be outside of central Ohio to catch the sport’s largest amateur tournament this summer.

Pickleball is exploding in popularity across the country, but you don’t need to be outside of central Ohio to catch the sport’s largest amateur tournament this summer. The Columbus-based World Pickleball Tour (WPT) is bringing its globetrotting tournament to central Ohio Aug. 4-6 with the WPT Co...

07/13/2023

With so many people around the world becoming more conscious of their environmental impact, we have to think carefully about how we can make our homes more eco-friendly. Most of us don't realize that even simple changes can make a huge difference!

With so many people around the world becoming more conscious of their environmental impact, we have to think carefully about how we can make our homes more eco-friendly. Most of us don't realize that even simple changes can make a huge difference!