Local home prices and sales remain strong. Median and average home sale prices were down from April. May homes sales are for the most part from April activity. April was a low point for the whole U.S. economy. I predict that June home sales will show a small rise in prices.
Homes for sale generally sell in a few days and often for more than the asking price. The number of homes for sale and the number of new listings and pending sales were up in May from April. The number of homes for sale remains very low while the demand remains high which is a trend we have been seeing for s few years.
The data used to make the table was extracted from the NorthstarMLS which is deemed reliable but not guaranteed.
Real estate is local. For more local home sale and pricing information please see Local market conditions & home sale prices
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