Tuesday, August 13, 2019
Existing Home Sales Point Toward a Good Time to Sell

 

Some Highlights:

  • Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June.
  • Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal 6-month supply.
  • Median home prices were up 4.3% from June 2018, hitting $285,700. This marked the 88thconsecutive month with year-over-year price gains.

 


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NEXTHOME PLATINUM ADVANTAGE
(803) 324-NEXT (6398)
1048 OAKLAND DRIVE ROCK HILL, SC 29732

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Lisa Renee BakerLisa Renee Baker
REALTOR/BROKER NC & SC, CEO of NextHome Platinum Advantage