Year in Review: 2014 Housing Stats

In terms of housing in the Columbus area, the big story of 2014 housing was that there simply weren’t that many places for sale. The housing supply was consistently lower than demand throughout the year, pushing prices higher in every month.

Here are the final numbers for the 22 Columbus area markets that I looked at.

Columbus Housing Market Update- August 2014

For this update, I’m going to do things a bit differently. In previous updates, I have done long ranking lists and it got to be a bit overwhelming. So starting with this update, I’m going to do more charts instead.

In any case, August continued the year-long trend of home sales being down, with the month coming in at more than 11% off from the same time last year. Prices, however, were up more than 6% to reach a monthly record. There continues to be a supply problem, which is the main mechanism driving both lower sales and higher prices.

Now on to the charts!

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