Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC]

     

    Some Highlights:

    • Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June.
    • Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal 6-month supply.
    • Median home prices were up 4.3% from June 2018, hitting $285,700. This marked the 88th consecutive month with year-over-year price gains.

    Trackback from your site.

    Leave a Reply

    Testimonials

    It was a pleasure to work with your team. Your team’s knowledge, positivity, and efficiency made the whole process relaxing. Simply knowing that any questions that may have come up would be handled with ease made for an enjoyable, and stress free experience.
    Kevin S.