Existing Home Sales Surge Through The Holidays [INFOGRAPHIC]
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Existing Home Sales Surge Through The Holidays [INFOGRAPHIC]
Some Highlights:
- November’s Existing Home Sales report revealed that sales are now at an annual pace of 5.61 million which is “now the highest since February 2007 (5.79 million) and is 15.4% higher than a year ago (4.86 million).”
- Total housing inventory (or the inventory of homes for sale) fell 8.0% from last month and is now 9.3% lower than November 2015.
- Inventory has dropped year-over-year for the last 18 months.
- The median price for all home sales in November was $234,900, up 6.8% from last year and marks the 57th consecutive month of year-over-year gains.
Existing Home Sales Surge Through The Holidays [INFOGRAPHIC]
Ready to sell, now is a good time, let’s talk…call today 605-858-0775, or click on the link below to schedule a free no obligation home seller consultation with a complete market analysis.
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