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CENTRAL OHIO REAL ESTATE MARKET NEWS.......

CENTRAL OHIO HOUSING REPORT - OCTOBER 2020 Despite declining inventory, central Ohio experienced another significant increase in home sales last month. The 3,234 homes and condominiums sold was over 19 percent higher than October of 2019. Year to date sales are now almost three percent higher than last year according to the Columbus REALTORS® Multiple Listing Service. Inventory, on the other hand, has declined year over year for 110 of the last 117 months. Total inventory this week was just under 2,400 homes, less than half of what was listed for sale one year ago. “Even though inventory has been declining for the better part of ten years, demand continues to escalate,“ said Andy Mills, 2020 President of Columbus REALTORS®. “People simply want to live in central Ohio. “ “We have jobs, services, activities, good schools, cultural experiences and an economy that’s about as healthy as you can find, given the events of this year.” Record low mortgage interest rates continue to help buyers afford rising home prices. The average sales price of home during the month of October was $276,072, up 15.2 percent from October of 2019. The median sales price last month was $239,900 which was an increase of 17.0 percent from a year ago. A person who purchased a typical home in the Columbus Metro Area 30 years ago would have gained about $233,668 as of the second quarter of 2020. Of the total wealth gain, 68% or $158,000 is from the price appreciation of 3.6% annually. Over a 10-year period, the wealth accumulation is $116,314, of which $90,700 or 78% are from the price appreciation. SOURCE: October 2020 Housing Report All housing reports Article Provided by https://www.columbusrealtors.com/news/2020/11/19/1homepage/central-ohio-housing-report-october-2020/

1955 Westbrook Village Drive Columbus, OH | ColdwellBankerHomes.com

Record home sales in August! (Sept. 22, 2020 – Columbus Ohio) – The central Ohio housing market saw record home sales in August 2020 as almost 3,400 homes and condominiums changed hands, up almost five percent from last year and the highest number of sales documented for this late summer month. The number of homes closed during the first three quarters of 2020 is now just 1.3 percent behind 2019 according to the Columbus REALTORS® Multiple Listing Service. “Traditionally we experience a higher number of sales in August as buyers seek to move into a new home prior to the start of the school year,” said Andy Mills, 2020 Columbus REALTORS® President. “However, given that so many children are now attending school virtually, or in a hybrid situation, that opens up a broader time frame for families to pursue a move.” Homes sold even more quickly than in months past during August. Homes under $350,000 sold in an average of 17 days. Homes sold between $350,000 and $500,000 took about 33 days to sell. Homes sold between $500,000 and $700,000 sold in an average of 52 days and homes over $700,000 took an average of 75 days to sell. Although the number of residential homes and condominiums for sale during the month of August 2020 trailed the previous month by just 7.0 percent, the month was 47.0 percent less than the number for sale during August 2019. There were 3,600 homes newly listed for sale last month providing motivated buyers additional inventory to consider. As a result, there were almost 4,200 homes put into contract in August, a jump of 14.9 percent from 2019 and up slightly (0.8 percent) from July 2020. For the second consecutive month, the average sale price exceeded the last list price. The average sale price in August was $279,134, up 12.8 percent from last year and the median sale price of $243,000 rose 13.8 percent over August 2019. “Real estate has been, and remains, the foundation of wealth building for the middle class and a critical link in the flow of goods, services, and income for millions of Americans,” added Mills. “Accounting for nearly 15 percent of the Ohio gross state product, real estate is clearly a major driver of the U.S. economy.” Current housing report – August 2020 All housing reports Columbus REALTORS® is comprised of over 8,100 real estate professionals engaged in residential sales and leasing, commercial sales and leasing, property management, appraisal, consultation, real estate syndication, land development, and more. The Columbus REALTORS® Multiple Listing Service (MLS) serves all of Franklin, Delaware, Fayette, Licking, Madison, Morrow, Pickaway, and Union Counties and parts of Athens, Champaign, Clark, Clinton, Fairfield, Hocking, Knox, Logan, Marion, Muskingum, Perry and Ross counties. To view residential properties for sale, visit Homesnap.com. To view commercial properties for sale or lease, visit COCIE.org. Press Note: If you would like to interview a representative from Columbus REALTORS®, please contact the following: Andy Mills, 2020 President – Elford Realty, LLC (614) 582-5521 Michael Jones, 2020 President-Elect – Coldwell Banker King Thompson (614) 206-5191 John Geha, CEO – ​

Record home sales in August! (Sept. 22, 2020 – Columbus Ohio) – The central Ohio housing market saw record home sales in August 2020 as almost 3,400 homes and condominiums changed hands, up almost five percent from last year and the highest number of sales documented for this late summer month. The number of homes closed during the first three quarters of 2020 is now just 1.3 percent behind 2019 according to the Columbus REALTORS® Multiple Listing Service. “Traditionally we experience a higher number of sales in August as buyers seek to move into a new home prior to the start of the school year,” said Andy Mills, 2020 Columbus REALTORS® President. “However, given that so many children are now attending school virtually, or in a hybrid situation, that opens up a broader time frame for families to pursue a move.” Homes sold even more quickly than in months past during August. Homes under $350,000 sold in an average of 17 days. Homes sold between $350,000 and $500,000 took about 33 days to sell. Homes sold between $500,000 and $700,000 sold in an average of 52 days and homes over $700,000 took an average of 75 days to sell. Although the number of residential homes and condominiums for sale during the month of August 2020 trailed the previous month by just 7.0 percent, the month was 47.0 percent less than the number for sale during August 2019. There were 3,600 homes newly listed for sale last month providing motivated buyers additional inventory to consider. As a result, there were almost 4,200 homes put into contract in August, a jump of 14.9 percent from 2019 and up slightly (0.8 percent) from July 2020. For the second consecutive month, the average sale price exceeded the last list price. The average sale price in August was $279,134, up 12.8 percent from last year and the median sale price of $243,000 rose 13.8 percent over August 2019. “Real estate has been, and remains, the foundation of wealth building for the middle class and a critical link in the flow of goods, services, and income for millions of Americans,” added Mills. “Accounting for nearly 15 percent of the Ohio gross state product, real estate is clearly a major driver of the U.S. economy.” Current housing report – August 2020 All housing reports Columbus REALTORS® is comprised of over 8,100 real estate professionals engaged in residential sales and leasing, commercial sales and leasing, property management, appraisal, consultation, real estate syndication, land development, and more. The Columbus REALTORS® Multiple Listing Service (MLS) serves all of Franklin, Delaware, Fayette, Licking, Madison, Morrow, Pickaway, and Union Counties and parts of Athens, Champaign, Clark, Clinton, Fairfield, Hocking, Knox, Logan, Marion, Muskingum, Perry and Ross counties. To view residential properties for sale, visit Homesnap.com. To view commercial properties for sale or lease, visit COCIE.org. Press Note: If you would like to interview a representative from Columbus REALTORS®, please contact the following: Andy Mills, 2020 President – Elford Realty, LLC (614) 582-5521 Michael Jones, 2020 President-Elect – Coldwell Banker King Thompson (614) 206-5191 John Geha, CEO –

Realtor.com Report: How Much Pets Matter When Buying a Home

Realtor.com Report: How Much Pets Matter When Buying a Home: More than 2,000 buyers who plan on purchasing a home in the next 12 months participated in the survey, which was conducted in March.

5031 Hidden View Drive Hilliard, OH 43026

Property Site: http://tour.corelistingmachine.com/home/BHUBEL/5031-Hidden-View-Drive-Hilliard-OH-219042391

Bedrooms: 3

Bathrooms: 2

Square feet: 1,690

Price: $217,900

For more information about this property, please contact Molly Cotter at (614) 451-0808 or molly.cotter@kingthompson.com. You can also text 5893709 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

See more listings at: http://mollycotter.cbintouch.com/

MLS ID: 219042391