Numbers are a great way to start the week. This is the first full work week of 2018. We hit a new low for the number of homes on the market and the number of new listings in December was also low.
The number of home sales was low because it was December and because there weren’t many houses on the market. Home prices were up from November and slightly higher than October but lower than September.
This isn’t a healthy real estate market. It is a strong seller’s market. Home prices continue to climb much faster than wages.
The data used to make the table was extracted from the NorthstarMLS which is considered accurate but not guaranteed.
For more local real estate numbers please see Local market conditions and home prices.
If you have a home that needs selling, call now.