Ready for some statistics?
According to the Columbus Realtors’ Multiple Listing Service, for the month of September 2018, the number of sold listings was down 19.5% and pending listings were down 57% compared to 2017. The number of active listings was down also, but only 12% while the number of new listings was only down 3% compared to 2017.
Sound like bad news? When you temper it with the data that average days on market is less than 2017 by 2 days and average list price is up over 9%, it’s actually good news for sellers. There are a really low number of homes on the market and they are selling fast for a lot more than they were last year.
When taken out of context, anything can sound sensational. But, sometimes a statistic is just a statistic. Knowing how to interpret these statistics is the secret sauce. My team and I have the experience to understand what’s happening in today’s market and position you to best take advantage of it. If you are even thinking about buying, selling, or investing in real estate in the next year, give us a call, we can help!
Helping YOU is what we’re here to do!