A Short and Sweet Market Update

Here is a brief market update for the Central Ohio real estate market.

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Today I’m bringing you a short, easy-to-understand market update.

Overall in 2017, we saw a 9% increase in prices in Central Ohio. This is an average figure, so some areas are a little bit higher or lower, but you can expect to have an increased equity of 9%. On a $200,000 home, that’s about $18,000, which is huge.

The current days on market is 35 days.

Additionally, if you put your home on the market today, you can expect it to sell in about 35 days.

Hopefully this will help you plan your real estate goals a little better and give you a good reflection of what the market is doing.

If you have any questions or would like to hear specific figures on your own home, feel free to reach out to us. We would be happy to help you.