Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC]

Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC] | Simplifying The Market

Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June.
  • Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal 6-month supply.
  • Median home prices were up 4.3% from June 2018, hitting $285,700. This marked the 88th consecutive month with year-over-year price gains.

Content previously posted on Keeping Current Matters

About Salee

Since 2004, I've proudly dedicated myself to serving the Southern California real estate market. Before all else, I'm a friend who will help turn your dreams of "home sweet home" into a reality. My desire to be a part of your success is what motivates me to provide the exemplary service we all deserve. Whether you're here because you want to buy a home, sell yours, or just need real estate advice, I'd love to hear from you!

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