Home sales volume up

chaert
Home sales in St. Paul, MN

The dollar value of homes sold went up in 2017 for the 6th year in a row but the number of homes sold went down, slightly for the first time in three years. I got to thinking about this because there are so few homes for sale but real estate agents are not quitting right and left like they were during the bottom of the housing market crash in 2010 and 2011.

It was tough during the great recession, it seemed like it would never end and yet it did. The vacant lots are a reminder to me.

There is a change in the air this year but right now my crystal ball isn’t working very well. Maybe as we move into spring it will become clearer.

The data used to make the chart was extracted from the MLS and is deemed reliable but not guaranteed.

 

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