Existing Home Sales Surge Through The Holidays

By
Real Estate Agent with Keller Williams Realty

Existing Home Sales Surge Through The Holidays [INFOGRAPHIC] | Simplifying The Market

 

 

 

 

 

Some Highlights:

  • November’s Existing Home Sales report revealed that sales are now at an annual pace of 5.61 million which is “now the highest since February 2007 (5.79 million) and is 15.4% higher than a year ago (4.86 million).”
  • Total housing inventory (or the inventory of homes for sale) fell 8.0% from last month and is now 9.3% lower than November 2015.
  • Inventory has dropped year-over-year for the last 18 months.
  • The median price for all home sales in November was $234,900, up 6.8% from last year and marks the 57th consecutive month of year-over-year gains.

Great time to sell your home in this market: Thinking about selling your home?

Find out how much you home is worth now

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Rainmaker
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Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Desmond, great news for homeowners, that is a nice increase in home value! 

Dec 24, 2016 06:10 AM #1
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Rainmaker
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Desmond Meade

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