Sales At Highest Pace In 10 Years

Dated: 01/31/2017

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Sales at Highest Pace in 10 Years! [INFOGRAPHIC] | MyKCM

Highlights:

  • 5.45 million existing homes were sold in 2016! This is the highest mark set since 2006.

  • Inventory of existing homes for sale dropped to a 3.6-month supply, the lowest level since NAR began tracking in 1999.

  • The median price of homes sold in December was $232,200. This is the 58th consecutive month of year-over-year price gains.

Bonnie Lelak

Experience with regular home sales, short sales, foreclosures, HUD homes, no down payment program homes, investors who flip homes or buy rentals, commercial properties, land sales, lake front properti....

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