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November 2023 Market Report

✨November 2023 Housing Market Report✨
The central Ohio market continues to improve with new listings, inventory, and sold prices – all increasing from November of 2022.
Last November, the region’s median sales price sat at $290,000 while it raised to $295,000 this year. The average sales price also saw a significant jump from $319,231 to $341,884.
Consumers are also happy to see a drop in interest rates. The national average 30-year fixed mortgage rate surpassed 8% in the month of October 2023 and has now dropped to 7.27% with predictions that it will fall below 7% in 2024.
With 57 transactions, a 24% increase year-over-year, with a median sale price of $220,000, Groveport Madison Local School District is one of the most affordable districts in central Ohio.

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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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