The 2013 housing market finished strong, and 95% of Central Ohio REALTORS expect it to remain moderate or strong over the next six months according to the Ohio Association of REALTORS's Housing Market Confidence Index. Why? Let's look at some key statistics:
- From December 2012, December 2013 saw a 2.5% increase in the number of home sales. At 1735, This is the most sales on record since the peak of the housing boom in 2005.
- December inventory of 8,732 was the lowest its been since 2000. More specifically, 2013 had the lowest inventory on record for Central Ohio, at just 3.9%.
- Overall, 2013 documents the second-highest sales year on record. It experienced a 17.1% increase in the number of closed sales since 2012.
Contact me if you're interested in buying, selling, or renting a home. I have the experience and expertise to guide you through today's housing market.
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