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Sales at Highest Pace in 10 Years!

By
Real Estate Agent with RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio

Sales at Highest Pace in 10 Years!

 

Sales at High Pace

Highlights:

  • 45 million existing homes were sold in 2016! This is the highest mark set since 2006.
  • Inventory of existing homes for sale dropped to a 3.6-month supply, the lowest level since NAR began tracking in 1999.
  • The median price of homes sold in December was $232,200. This is the 58th consecutive month of year-over-year price gains.

 

If you plan to buy or sell this year contact me to help you start the process.

Posted by

 

Tony Morganti, CRS, ABR

330-352-9513

Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

I shared this information too elsewhere from Keeping Current Matters...good stuff!

Jan 27, 2017 08:17 AM
Tony Morganti

Hi Kristin.  Thanks for the comment.  Yes, they do have good stuff every day!

Feb 05, 2017 07:07 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Next year should be bussier if we can get some listings on the market

Jan 27, 2017 09:39 AM
Tony Morganti

Yes William.  We all seem to need more inventory right now.  Thank you for your comment.

Feb 05, 2017 07:08 AM