COLUMBUS – As the summer sales season came to a close in the central Ohio region, the addition of new listings cooled off faster than the temperatures.
The number of homes added in September was 8.4 percent higher than a year ago but 10.7 percent lower than in August, according to monthly data released Tuesday by Columbus Realtors.
While supply began to tighten, home sales rose 8.9 percent in September, while the median sales price of $210,000 is up 7.7 percent from one year ago.
Year-to-date sales are only 0.9 percent ahead of 2018 and the number of homes on the market last month was down 5.6 percent compared to September 2018 but up 1.7 percent from August.
Average-priced homes were selling in an average of 28 days in September, but higher-priced homes – those over $700,000 — were on the market for an average of 86 days, John Myers, 2019 president of Columbus Realtors, said.