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Real Estate Trends May 2018

By
Industry Observer CDRE #01044712

On June 04, 2018, Realtor.com reported that nationwide median list price was $297,000 in May of 2018 increased 3.6% from $290,000 in April of 2018, and gained 8.0% from May of 2017.

Houses stayed 55 days in the market in May of 2018 down from 59 in April of 2018, and declined 8.0% from May of 2017, while there were 1,436,431 homes listed in the market in May of 2018, up from 1,355,381 in April of 2018, but dropped 6.0% from May of 2017 according to Realtor

For complete more detailed information about Realtor.com’s real estate trends for May of 2018, please click HERE

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John Pusa

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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I am wondering where the inventory will be by the end of the summer. I still see homes sell quickly but with rising interest rates that is surely to slow down some.

Jun 06, 2018 03:15 PM
John Pusa
Glendale, CA

Debbie Reynolds very true, we should see lower inventory at the end of summer, Thanks for the comment.

Jun 06, 2018 08:28 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning John.  Thanks for the information and the link to these real estate trends.

Jun 07, 2018 04:57 AM
John Pusa
Glendale, CA

Good morning Gabe Sanders you are welcome, and glad you find the report very useful. Thanks for the comment.

Jun 07, 2018 09:59 AM
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