Despite Low Home Inventories, Existing Home Sales Are Bouncing Back!
According to Keeping Current Matters, the highlights in Home Sales Bouncing Back Graph are:
- Sales in December were 14.7% higher than those in November, marking the largest month-over-month increase ever recorded.
- Inventory levels are still below historic norms at 3.9-months supply.
- Median home price is up 7.6% from last year, marking the 46th consecutive month with year-over-year price gains.
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“We are all active adults who relocated to this area. We have been there and done that. We’ve been the new kids on the block, we started over, we made new friends and now we are here to help you.” -Kathy Sperl-Bell, Broker-Owner, Active Adults Realty