Get the Skinny on Real Estate Trends in Your Area! October 2016

Get the Skinny on Real Estate Trends in Your Area!

October 2016

The numbers are in for September 2016 and there continue to be no surprises! The market continues to trend the same way it has all year! Low inventory is driving up prices! Low rates are keeping people buying!

Housing Stats:

  • Closed Sales were up 5.7%
  • The Number of homes for sale was down 16.1%
  • Months supply of homes remained low at 2.8 months
  • Prices were up 3.6%
  • Median sales price rose to $230,000
I know Fall is here...

Get the Skinny on Real Estate Trends in Your Area! September 2016

 The Monthly Real Estate Stats for August 2016 have been compiled and compared to 2015! The number of homes for sale continues to be low and the prices continue to rise. The Law of Supply and Demand holds true in the Real Estate world now more than maybe ever!!!

*The number of Sales are exceeded a 10 year high!!!

*Pending Sales were up 7.9%

*Closed Sales were up 7.4%

*The # of Homes for Sale was down 18.8% - leaving a 2.8 mon...
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Rachel Fredrickson
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