Published November 1, 2023

November 2023 Market Update

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Written by Laura Radulovich

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Two more months left in 2023. Here is an update on how the Central Ohio Housing Market is doing!

There were 2,445 sales and nearly 2,900 new listings added to the market

6.9% increase in median sales price, up to $310,000

Total inventory of homes for sale in the MLS sits at 3,624, slightly lower than the 3,806 homes available one year ago

The average 30-year mortgage rate since Freddie started tracking this in 1971 is just under 7.74%. Today’s current rate is *7.80%.

Connect with me to learn more about what my trusted lenders have to offer that can provide relief at the negotiating table. Understanding your financing options is definitely a top priority!

-Laura

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