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According to NBC4i, Mortgage rates dropped slightly as central Ohio home inventory increased and properties remained on the market for longer, according to a housing report by Columbus Realtors.

Columbus Realtors’ Central Ohio Housing Report for December found the average sales price for a home was $318,581, dropping only $650 from $319,231 in November. Still, the shift represents a six-month decrease since the market hit 2022’s peak in June at $354,380.

Compared with 2021, prices were up in December with the average sale price 9.4% higher, an increase of just over $27,000 from last year in central Ohio.

For the full NBC4 story click here

 

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Average home price, mortgage rates fell in Columbus in December  was originally published on mycolumbusmagic.com