May Housing Market Set New Records for Low Supply, Speed and Competition
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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