Much has been said about rising home prices in Metro Columbus, but the pace of the market can be very different from one locality to another! Every home is unique, all real estate is highly local, and the market changes daily. Here’s an example of the variety of market conditions in Metro Columbus, with information from Columbus Business First!

During March, the average home price in Metro Columbus was $219,939, up 8.8% from March 2017. Home inventory, while improved from February, is down about 17.3% from a year ago. With fewer homes to choose from, buyers are acting quickly; homes spent an average of 39 days on the market.

Let’s look at some local home price averages:

As always, please remember that statistics and home prices averages paint a very broad view of the market. Real estate statistics do not include sales that take place without the aid of a listing agent, such as homes for sale by owner (FSBO) or homes sold directly by home builders.

And while it’s accurate to say that home prices are up across the board, your home buying dollar will go farther in some communities than others. This is because home inventory and home demand varies from one neighborhood to another.

Having the fiduciary representation of an Exclusive Buyer Broker is your best strategy for home buying success! We can show you any home on the market, including FSBO, new construction and homes for sale on the Columbus Regional Multiple Listing Service! Since we never represent sellers, we have no vested interest in what home you buy. This means you get the widest possible view of the market, with the most objective guidance, and the best buyer protection!

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
Broker, CEBA-M, CNE, CSP, PSA, e-PRO, CREM, ABRM, AHWD
Buyer’s Resource Realty Services, www.buyershome.com
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