Inventory Challenges Continue!

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

Inventory challenges

  • After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories.
  • Median existing home prices surged for the 62nd¬†straight month, up 6.0% over last year to $244,800.
  • New home prices slowed as builders have started to turn their focus toward single family, smaller homes.
Posted by

 

Tony Morganti, CRS, ABR

330-352-9513

Comments (1)

Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Thank you for posting this useful information about your market.

Jun 01, 2017 12:18 PM