Top Mega Teams in Columbus, Ohio – Ranked by Volume

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2022 Market Summary

Columbus, Ohio started 2022 with a total of 362 single-family homes on the market, with a median home price of $199,900 and an average price per square foot of $174. By the end of the year, inventory had increased to 677 homes on the market (+87%), with a median home price of $245,000 (+22%) and an average price per square foot of $200 (+14%).

At the start of 2022, the median days on market (DOM) was 49 days – by the end of the year, median DOM had remained the same at 49 days.

Columbus started the year with 41% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 51% of Columbus homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Columbus started 2022 as a strong seller’s market, with an MAI score of 76; by the end of the year, the MAI had dropped to 50 – a strong seller’s advantage.

This market summary is powered by Altos Research – click here to run a free report for your area.

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Real estate agents are staying put: Relitix HW+

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Real estate agents are moving much less between brokerages than the post-pandemic peak seen in the summer of 2021, Relitix’s inaugural Agent Movement Index™ shows. The index shows the relative degree of movement between real estate brokerages by experienced agents and is indexed to the level of mobility in January 2016. The graph shows that, […]

Housing Market News

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Columbus News

Howard Hanna generates a stir with IDX departure HW+

Jun 27, 2023By

Howard Hanna is no longer adding its listings to the IDX in Northeast Ohio, and is opting to use the VOW system instead.