"In November, home prices fell moderately from the month before, with a median listing price of $277,900. The number of listings on the market shrank 2.1% from last month, which is a smaller decrease 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 fall in November. And the most recent data shows that the price per square foot decreased by 1.4% compared with the month before. So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 1.2%, which means price changes in the Arch City are larger the national market."
"In November, there were 1,584 homes for sale in Columbus, which was 2.1% less than the month before and 14.5% more than the same time last year. Meanwhile, active inventory across the nation fell by 2.5% from last month to 1,072,266. Homes in Columbus take an average of 51 days to sell, according to November figures. This is one day more than the previous month and four days more than the same month last year."
Median listing price in Columbus was $277,900 in November, representing a moderate month-over-month decline. The number of listings decreased 2.1% from the previous month, a smaller drop than typical for this time of year, while inventory was 14.5% higher than the same month last year. Price per square foot in Columbus fell 1.4% month-over-month, larger than the national decrease of 1.2%. Columbus had 1,584 homes for sale. Homes in Columbus averaged 51 days on market, one day longer than the prior month and four days longer than the same month last year; the national average was 64 days.
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