Central Ohio Market Health
Four weekly reads from the Central Ohio MLS: cancellations per 100 new contracts, listing cancellations and expirations, relisted properties, and the listed-versus-cumulative days a home sits. Each figure is grouped into complete Monday-to-Sunday weeks.
11.5% of Central Ohio contracts fell through in the last 4 weeks, lower than the 19.2% of a year ago.
Cancellations per 100 new contracts written
When a home goes , the deal can still collapse: over financing, the inspection, the appraisal, or cold feet. This is the share of recently Central Ohio sales that before closing, measured as cancellations divided by the homes that went under contract.
A rising rate means more deals are breaking down, which can signal buyer hesitation or tighter lending. The lighter line shows the same weeks a year ago, so you can tell a real shift from normal seasonal noise.
Weekly fall-through rate
trailing 12 monthsSource: Columbus REALTORS MLS. Based on information from the Columbus Association of REALTORS.
Listing cancellations and expirations
Not every listing sells. A is a seller pulling the home off the market on purpose; an is a listing that ran out its contract without a buyer. Both are signs of homes that couldn’t find a deal at the current price.
A climbing count often means asking prices are ahead of what buyers will pay. When more homes leave the market unsold, the sellers who stay tend to become more willing to negotiate.
Weekly cancellations and expirations
trailing 12 monthsSource: Columbus REALTORS MLS. Based on information from the Columbus Association of REALTORS.
Relisted properties
When a home doesn’t sell, some sellers cancel and it as a brand-new listing. That resets the clock to zero, so a house that has quietly sat for months can look freshly listed.
This tracks the share of new listings that are actually relisted homes, plus how many reset their day count. A higher share means the market is softer than the headline days-on-market suggests. Some of that “new” inventory has been trying to sell for a while.
Thinking about relisting? Run the relist strategy tool →Weekly relisted share of new listings
trailing 12 monthsSource: Columbus REALTORS MLS. Based on information from the Columbus Association of REALTORS.
Typical vs. average days on market
Two ways to read the same days-on-market data. The median is the typical home, half sold faster, half slower. The average gets pulled upward by a handful of long-stale listings, so the gap between the two is a direct read on how big that stale tail is. When they sit together, listings are clearing evenly.
Those stale homes are mostly relists: over the last six months, 3.1% of Central Ohio closings had actually been for sale a median of 66 extra beyond what their final listing showed.
True days on market: typical vs. average
trailing 26 weeksBased on 15,694 Central Ohio closings over the last six months. The average rides above the median whenever a few long-stale listings close; the wider the gap, the bigger that stale tail.
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