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Sales at Highest Pace in 10 Years!

By
Real Estate Broker/Owner with The Real Estate Agency (Office License: 265417) 317824

 

Sales at Highest Pace in 10 Years! [INFOGRAPHIC] | Keeping Current Matters

Highlights:

  • 5.45 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.
Source: Keeping Current Matters | The KCM Crew 012717
Show All Comments
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

I shared this info as well elsewhere from Keeping Current Matters..great stuff!

Jan 31, 2017 07:38 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Jennifer and great job with this blog for your area.  Buyers and sellers should be dailing your phone number.

 

Jan 31, 2017 08:06 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

In years past the new home market would make up for a short fall in existing sales market. New builders seem to be fighting the building of spec homes...this is making things even more difficult!

Jan 31, 2017 10:29 AM
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