Columbus Ohio Homes for Sale | How Much Has Your Home Increased in Value?
Are your looking for Columbus Ohio homes for sale?  Most people don’t understand that Zillow, Trulia, Realtor.com ETC. are not licensed real estate websites. The information on their websites doesn’t have to be accurate or up to date. The best way to look for homes is HERE with a link into the Columbus MLS system. This is a “live data” link into our MLS. It allows the consumer to search the Columbus Ohio homes for sale database just like a Realtor.Â
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Today, I would like to discuss How Much Has Your Home Increased in Value in Columbus Ohio?
Home values in Columbus Ohio have risen dramatically over the last last year. CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.2% year-over-year. Homes for sale in Columbus Ohio this number was between 6% and 9%
CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed view than if we had simply looked at the year-over-year increases in national median home price.
The chart below shows the four price ranges from the report, as well as each one’s year-over-year growth from July 2017 to July 2018 (the latest data available).Â
It is important to pay attention to how prices are changing in Columbus. This can also be seasonal. The location of your home is not the only factor which determines how much your home has appreciated over the course of the last year.
Lower-priced homes in Columbus have appreciated at greater rates than homes at the upper ends of the spectrum due to demand from first-time home buyers and baby boomers looking to downsize.
Source…… KCM Marc A. Van Steyn Blog
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