People are talking about the market being down so I want to share some stats from June.
In June, there were 332 homes that sold. Last year in June it was 430. So the number of sales are down. However, the average price last year was $527,000. This year it’s $577,000. Prices are still up 10% over last year.
So what does this mean? For sellers, prices are still strong and if you’re listing right now there’s a lot less competition on the market. And that’s true for buyers as well, this is a great time to be out there and looking for a new home.
Watch the latest market update