It’s a Seller’s Market


Some Real Estate Highlights:

  • Existing home sales are at the highest level since February 2007 at an annual pace of 5.57 million.
  • Inventory of homes for sale remains low.  Inventory is down 5.8% year-over-year.
  • Nationwide, the median residential sales price rose to $247,700.  This is 4.8% higher than a year ago and replaced the previous peak in May of $238,900.
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