COLUMBUS, Ohio (WCMH) — Home sales in central Ohio jumped last month as the number of properties for sale spiked to a level not seen since 2020, a new report shows.

Columbus homes sold in April increased 13% when compared with the number of those sold in April 2023, according to a Columbus Realtors housing report. In addition, the number of properties on the market skyrocketed 28%, from 2,388 for sale in April of 2023 to 3,054 on the market at the end of last month.

“It’s great to see our total inventory climb over 3,000 units,” said Scott Hrabcak, president of Columbus Realtors. “We haven’t been at that level in the month of April since 2020. There is still plenty of competition out there but, as we head into the summer months, it’s great that realtors will have more options for buyers.”

Columbus Realtors said the increases are positive signs for potential buyers, especially given there were 3,257 new homes that joined the market last month — a 17.2% increase in new listings compared with April 2023. For the year, there have been 10,471 new listings, an increase of 11.9% year over year.

The median sales price is also up 5.2% compared to 2023 at $317,513, as homes are selling slightly over asking price at 100.3% of last list price received. The month prior, the median sales price was $310,000 in central Ohio.

In Marysville, there were 38 sales that marked an 81% increase year over year while there were 60 sales in Delaware City School District, an 77% increase over April 2023. Union County saw a 67% increase with 75 sales, ranking among central Ohio counties behind Franklin County with 1,205 sales, Delaware County with 242, Licking County with 179 and Fairfield County with 162.

Statewide, home sales last month reached 11,547, a 13.2% increase from the 10,199 home sales recorded in April of 2023. The average sales price across Ohio in April reached $280,814, a 4.9% increase from the $267,665 mark posted in April of last year.

“The strength and stability of the Ohio housing marketplace is evident, as sales activity levels for the year are outpacing sales from a year ago,” said Ali Whitley, president of Ohio Realtors. “With the increase in home sales, the market is also showing a consistent increase in average sales price.”