Buyer’s Home: Your Exclusive Columbus Buyers Agency

central ohio home inventoryIn a hopeful sign for Central Ohio home buyers, July 2022 home inventory was 15.9% higher than July 2021. This is providing much-needed selection, but not enough inventory to significantly ease home prices just yet. The average sales price for a Columbus Metro home was $346,359 during July, an increase of 10.4% compared to July 2021.

The latest data from Columbus REALTORS® continues to show strong home demand. Central Ohio homes spent an average of 13 days on the market during July 2022. Franklin County homes have been spending about 11 days on the market before going under contract.

There are hints that the market may ease in the near future. Between June and July 2022, the average sales price of a Central Ohio home dropped by about $8,000. Bidding wars have become less aggressive and less frequent.

Economists have been expecting a national real estate slowdown due to higher interest rates and a statistically-softening economy. However, in the Columbus Metro, the employment outlook remains strong, and this continues to drive home demand in our area. More inventory is needed before we see a truly balanced market.

Knowing how much to pay for a Columbus area home is easier when you work with an Exclusive Buyer’s Broker! Because we only represent buyers and never sellers, we can give you honest advice about home prices, home condition and how to save money on your purchase. Learn how we do this with our free e-book, “How to Buy a Home like a Pro!” Get yours today at the link, without any obligation.

As Exclusive Buyer’s Brokers, 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 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

Worthington High School

Quick, what’s the hottest suburb in Central Ohio? If you guessed humble Worthington, with a population of just about 15,000 people, you’d be correct! Worthington was recently named the third-hottest ZIP code for real estate in the nation by Realtor.com, which analyzed home demand and the pace of sales in over 29,000 markets.

Niche.com calls Worthington “one of the best places to live in Ohio” for its quality schools, ample green space and other amenities. But the best testimonial for Worthington may be in the fact that very few people move out! According to a 2020 study by SmartAsset, Worthington homeowners stay put for an average of 24.8 years. The national average for home retention is 13 years.

Even during the Great Recession, Worthington had a relatively low ratio of distressed properties, which helped it earn the title of “Most Stable Housing Market in Ohio” by SmartAsset.

Located just about 10 miles from Columbus, Worthington is close to major employment centers, Ohio State University and all the event and entertainment districts of the big city. At the same time, Worthington maintains an inviting, small-town appeal with quaint residential streets and charming shops.

Home prices have been rising in Worthington, with the average sale price reaching $398,408 during July 2022. During the same month, there were only 47 homes for sale according to the Columbus Regional Multiple Listing Service. (This does not include homes for sale that did not transact through the MLS.)

We know quite a bit about Worthington, because we have an office in town, located at 7100 North High Street, Suite 204! In fact, we are the oldest Exclusive Buyer’s Agency in Central Ohio, with decades of experience in the Columbus Metro markets. Our unique expertise in the local communities is one of the many advantages you’ll enjoy as our Buyer-Client!

As Exclusive Buyer’s Brokers, 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 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

Worthington High School pictured top left. Photo source: Wikipedia, creative commons, by OlYeller21

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