Real estate in central Ohio last year saw some of its highest home sales and prices on record. The demand resulted in a smaller supply of homes and a shorter average time on market.
Last year's home sales in Central Ohio totaled about 31,500, a nearly 7 percent increase over the year before. It also marked a nearly 59 percent increase from the area's lowest point in 2011.
The average sales price of a central Ohio home last year was a little more than $200,000.
Home inventory also set records with the lowest inventory ever in December with only about 4,600 homes and condos available for sale. That's a 26 percent drop from 2015.
Last year, Central Ohio homes and condos spent an average of 43 days on the market, 12 days fewer than in 2015, setting another record low.
