Numbers are up from last year across the board. What does it mean for you?
Selling a home? Get a free home value report
Buying a home? Search all homes for sale
I’ve got a mid-year market review to share with you today that compares how the market has changed in the last year. I took the most recent numbers and compared them to what we saw at this time last year. Let’s dive right in.
Our current median sale price of $425,000 is up 5.39% from the $403,000 median we saw last year. Homes are selling for more money, which is great news.
The total number of units sold is up from 20,036 to 21,429. That’s a 6.95% increase. The average days a home is on the market has dramatically dropped as well. The average last year was 55 days, but has since dropped 16.36% to 46 days.
“
”
To put things simply: homes are selling faster and for more money. If you’ve been thinking about selling anytime in the near future, there’s no telling how long we’ll experience this type of market where you can likely sell your home for top dollar in less than a week if it’s priced and marketed correctly.
Homes are selling faster and for more money.
”
If you have any questions for me, don’t hesitate to give me a call or send me an email. I look forward to hearing from you.
