The real estate market in Ohio is doing especially well this year. Home prices in the central part of the state, including condominiums now average about $199,950 in closing price. Compared to last year, this is an increase of about 8.1 percent in the sales price. May also saw a 1% increase in home and condominium sale prices that was unexpected.
This real estate boom is setting a new record for home prices in Central Ohio. The forecast for strong home prices contains to remain steady. This means that home prices are not expected to drop but will stay the same or even increase slightly. Over the course of 2017 so far, home prices have not dipped in any significant way throughout the state. This further supports the forecast that the real estate market will remain strong for the rest of the year. Visit Ideamensch to know more.
Why is the Ohio real estate market so strong? Central Ohio real estate agent Tammy Mazzocco explains why. Tammy Mazzocco says that the cost of living in Ohio remains very low when compared to the rest of country. The state has also seen economic growth in technology and manufacturing jobs recently. Combined with a good public education system, this makes Ohio attractive for out of state residents to move into. All of these fuels people coming into Ohio which then fuels the high real estate prices that we see today says Tammy Mazzocco. Check out Blogwebpedia for more info.
If you are looking to buy real estate in Central Ohio, then you can contact Tammy Mazzocco and she will be glad to help you find a new home or condominium in the Central Ohio region. Tammy Mazzocco has been a licensed real estate agent in Ohio for over 20 years now. She has hundreds of satisfied clients and looks forward to working with you as you buy or sell property in Central Ohio.