Real Estate Market Report for Columbus - Dec 2016

By
Real Estate Agent with ERA Real Solutions
https://activerain.com/droplet/4Zfp

Columbus Ohio Real Estate Market Report

The Columbus Ohio Real Estate Market in review for December 2016 compared to the same period last year reflects:

- A 7.2% increase in average sale price

- A reduction of days on the market down from 56 to 45 days

- A 1% increase in percent of List Price received at 97.9%

December 2016 data predicts there is  less than two months of inventory based on current demand.

What does this all of this mean to you?

If you are thinking of selling your home this year, that NOW is an excellent time to get your home on the market, and the sooner the better!  If you wait until the convention wisdom of "put the house on the market in Spring" you could be missing Buyers who are now willing to pay top dollar and end up in competition that reduce your potential Buyer Pool.  In addtion, interest rates are on the rise and with each increase more Buyers are eliminated from qualifying for a mortgage.

To find out what all of this data means for YOUR house in YOUR neighborhood, get in touch with me by email greglarge@realtor.com or call or text 614-653-7653.

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Topic:
Home Selling
Location:
Ohio Franklin County Columbus
Groups:
Market Reports
Tags:
market report
columbus ohio real estate
hilliard ohio real estate
grove city real estate

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Harry F. D'Elia
RentVest - Phoenix, AZ
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Thanks for sharing your detailed local real estate information with us today

Jan 30, 2017 09:33 AM #1
Rainer
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Noel Mayer
FAIRMOUNT REALTORS - Montclair, NJ
YOU'RE RIGHT AT HOME WITH NOEL

Greg Large  I stopped by thanks for sharing the market report data

Feb 23, 2017 01:27 AM #2
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Greg Large

A Tradition of Trust
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