"The number of listings on the market grew 9.0%, which is a smaller increase than normal for this time of the year in Columbus, and homes are also selling slower than at the same time last year. Typically, home price per square foot in Columbus tend to rise in June. But the most recent data shows that the price per square foot decreased by 1.6% compared with the month before."
"In June, there were 1,360 homes for sale in Columbus, which was 9.0% more than the month before and 45.4% more than the same time last year. Meanwhile, active inventory across the nation rose by 4.5% from last month to 1,082,520. The number of new listings in Columbus was 1,040, which was 5.3% more than the month before and 7.0% more than the same time last year."
In June, the median listing price in Columbus was $292,425, a moderate month-over-month decline. Price per square foot in Columbus decreased 1.6% from the previous month, while the national price per square foot fell 0.4%, indicating Columbus lagging the national trend. Active inventory in Columbus reached 1,360 homes, up 9.0% month-over-month and 45.4% year-over-year. New listings numbered 1,040, up 5.3% month-over-month and 7.0% year-over-year. Homes spent an average of 38 days on the market in June, two days longer than last month and 13 days longer than a year earlier. The national average time on market was 53 days.
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