The latest real estate market report indicates a very strong market. For the 4th month in a row sales are up and prices are climbing. Most encouraging is that the inventory level is the same as 2016. Nicely poised for season all aspects of the market are good; single family, condos, all price points.
|CATEGORIES||AUGUST 2016||AUGUST 2017||CHANGE|
|Total homes pending||734||829||13%|
|Total closed sales||654||685||5%|
|Median closed price||$320,000||$328,000||2%|
|Median closed price above $300k||$485,000||$510,000||5%|
|Total active listings||4,787||4,807||0%|
Hurricane Irma has come and gone. Trees are blooming and people are going out again. 5th Avenue is alive. As an indication of the next few months, sales and prices were strong after Wilma.
Get with your realtor and get the property you want.