Home Sales Fell 3.5 Percent in July, the 22nd Consecutive Month to Post an Inventory Decline
Home prices increased 6.8 percent from last year
Alina is on the communications and PR team at Redfin. She helps consumers and the media understand what's going on in the housing market, the real estate industry and inside Redfin.
Email AlinaHome prices increased 6.8 percent from last year
Buyers and sellers can now work with a local Redfin agent and use Redfin site and mobile app to learn about Boise real estate and see local homes for sale.
The Bay Area, New York and Los Angeles ranked highest for net outflow of home searchers.
High-end home prices saw the biggest jump in Irvine, California and fell furthest in Miami.
The median home sale price increased 7.3 percent from a year ago to $298,000 in June. This is the highest national median sale price recorded since we began keeping track in 2010. Despite record-high buyer demand during the busy spring market, sales only increased 1.9 percent compared to last year, constrained by a low supply
The median home sale price increased 6.8 percent in May to $288,000. Sales increased 7.5 percent compared to last year, a strong gain despite a severe shortage in the number of homes for sale. Market Summary May 2017 Month-Over-Month Year-Over-Year Median sale price $288,000 2.9% 6.8% Homes sold 287,000 19.5% 7.5% New listings 360,800 9.6%
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