The Columbus Board of Realtors® issued their monthly press release today, with home sale figures for March.
Drum roll please …
“Home sales continued to increase in March, marking the highest number sold in a single month since October, and a sign that first-time buyers are starting to come off the fence.”
Gary Parsons, president of the CBR said, “It appears historically-low interest rates, realistic sellers and the $8000 tax credit are positively impacting our market.” There were 1,360 homes sold in March … a 21% increase over February sales.
Affordability is still at record levels. The average sales price increased in March to $143,287. That’s the highest average sales price this year. “Prices are still favorable, but as more inventory is absorbed, prices will continue to rebound,” Parsons said.
This weekend is supposed to be VERY NICE! It will be a great weekend to shop for a home. If you’re in search for a luxury home near Hoover Reservoir, be sure to come to my open house at 4570 Red Bank Rd, Galena 43021. Google Map
