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March 2022 Market Report

Despite there being more inventory to buy, home sales have dropped off slightly in March according to Columbus REALTORS®. Down 2.5% over March 2021. Year-to-date sales are down 1.2% The price of homes, however, continued to rise, the average sale price is up 11.9% over March 2021, from $284,817 to $318,826. The median sales price is up 13.6%, from $245,700 to $279,000. Homes are selling 25% more quickly too, from an average of 24 days on the market to just 18.

Carleton Realty’s sales volume is up 31.5%. March to March, Carleton Realty’s average sale price is up to $241,445 over 2021’s $221,400, and 14.7% year to date.

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CARLETON REALTY has been helping clients buy, sell, and manage real estate including residential and commercial properties throughout Ohio for over 25 years. With over 200 agents and 8 administrative staff members working under an experienced licensed broker, our team offers extensive expertise and knowledge about your local real estate market. Our agents come from diverse backgrounds, and collectively speak over 20 different languages. Our team has the ability to help clients feel educated and empowered throughout real estate transactions who may have otherwise needed a translator.

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