Columbus Housing Market Hot in April

Columbus Housing Market Hot in AprilThe weather may have been cold but the Columbus housing market was hot in April! Remember that article we wrote a week ago about now being time to sell in Columbus? Well we weren’t lying! The Columbus Board of Realtors just released their April housing report for Central Ohio, and found that the 2,390 homes sales last month was the highest number of sales on record for April, beating out 2004’s 2,286. That’s what we call a hot market! We are seeing listings come and go in a matter of days. In fact, just last week The McVey Team put a house on the market on Friday and it was already in contract the following day! In Upper Arlington, in particular houses have been flying off the market, with the average sales price in April being $321,617. You read that correctly THE AVERAGE SALES PRICE in Upper Arlington in April 2013 was $321,617!

The Columbus Board of Realtors also found:

“In addition to the increases in sales, home prices continue to rise also. While the average sale price has increased every month in 2013 from $149,477 in January to $163,084 in April, the average sale price year-to-date ($156,386) is up almost one and a half percent from 2012.” – http://columbusrealtors.com

Average Sales Price Central OhioAs prices increase more people are seeing the advantages of putting their home on the market. Some have even reported getting as much as 25% more than what their home was worth. The Columbus Board also said:

“98 percent of central Ohio REALTORS® describe the current housing market as moderate to strong and 94 percent expect home prices to increase in the next year.” – http://columbusrealtors.com

You can read the whole April 2013 housing report here. Again, if you even have the slightest, little feeling that you might, just possibly want to sell your home. Give us a call or click on our website and we would be more than happy to schedule a listing appointment at your convenience. If your kids have gone off to college and you want to downsize, give us a call. If your kids are growing up quickly and you need a little more space give us a call! What’s that retirement? You’re calling my name? Let us know and we’d love to help you sell your home. We love nothing more than to help our clients get the absolute best value in whatever way we can. If the Columbus housing market was hot in April, it’s going to be a scorcher in May.

 

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