Columbus Real Estate Among Hottest in U.S., Once Again - Columbus Ohio Real Estate | Buyer's Resource Realty Services

Columbus Real Estate Among Hottest in U.S., Once Again

Columbus among hottest marketsColumbus home buyers won’t be surprised to hear this: Columbus was ranked as one of the hottest real estate markets in the country during July 2021. The report comes from the Columbus Dispatch, based on industry data.

The cities of Columbus, Denver, Nashville and Rochester New York held a 4-way tie for the fastest-moving real estate market. Homes in each of these cities spent a median of 17 days on market before going under contract.

As a whole, Ohio real estate has been in strong demand. The median list price of an Ohio home reached $305,000 during July 2021.

Columbus remains the highest-priced market in the state. As we noted in a prior blog post, the average sales price for a Columbus Metro home reached $316,207 during June 2021.

The bright spot in the latest data is an increase in Columbus Metro listings, up 43% during July 2021 compared to July 2020. This isn’t bringing significant relief to home buyers yet. The volume of homes for sale has been below historic norms for so long, that the imbalance between supply and demand may take years to correct.

Still, the increase in home inventory is welcome. It reminds buyers that staying in the market and remaining financially prepared will pay off in the long run. You never know when the right home will come to the market. Don’t miss it by being on the sidelines!

Whether you are just starting your home buying journey, or want to give yourself the best advantage in the market, be sure to get our free e-book, “How to Buy a Home like a Pro!” It’s packed with professional insights you will not find anywhere else!

As your Exclusive Buyer’s Broker, we serve your best interests at all times! Unlike real estate agents and brokerages who represent sellers, as an Exclusive Buyer’s Broker, we only represent you, the buyer, getting you the best price and terms with no conflict of interest at all times.

Understanding this distinction could literally save you thousands of dollars not only on the purchase price and terms, but also on seller concessions and home inspection issues, whether you are a first-time homebuyer or an experienced homeowner!

Contact us with your home buying questions! Remember, we are with you every step of the way…all the way home!

Andrew Show
Exclusive Buyer’s Broker, CEBA-M, MCNE, CSP, PSA,e-PRO, CREM, ABRM, AHWD
Buyer’s Resource Realty Services
Serving Metro Columbus, Ohio with Exclusive Buyer’s Agents
7100 North High Street, Suite 204, Worthington, Ohio 43085
614-888-4110 | 888-888-4110 Toll Free | 614-839-4110 Fax

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