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July 26, 2015

June Home Sale Inventory On the Rise, Prices Highest Ever


 
According to a report released by Columbus REALTORS, there were over 7500 homes for sale in central Ohio this June, which is a 2.5% increase over last year and the highest number for 2015 so far.

Columbus REALTORS President Kathy Shiflet thinks this growth means homeowners realize its a good time to sell.

“Central Ohio homeowners have realized it's an opportune time to put their home on the market. . .” she said. “Both the real estate industry and the temperatures were hot last month!”

Furthermore, homes are still selling quickly in central Ohio with homes spending an average of just 47 days on the market, which is down 15 days from 2014.

More good news: home sale prices are on the rise, as well. Last month, the average home sale price for central Ohio was $206, 061. According to Columbus REALTORS, this is the highest on record.

Many think this hot market is here to stay. According to the report, 93% of central Ohio REALTORS expect this trend to continue with prices rising over the next year.

It seems that now is a great time to sell your home. If you're considering selling your home, visit my website and contact me to see how I can help. I am a full time Realtor with a 100% focus on serving Sellers (and Buyers!) in Central Ohio.

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