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Wednesday, January 29, 2014

Local Real Estate Recap 2013 from Trend

 Please call  or email me if you have any questions or would like to discuss the market in your local area .
According to Dave Davis from Trend,  2013 started strong and finished strong as sales in December exceeded 2012 by 13% and the median sale price was 4% above December 2012. In 2013, we saw a remarkable recovery of the housing market; compared to 2012, sales were up 14% and the median sale price was up 4.5%.
Prices increased at a very healthy rate that is sustainable over the next year. Inventory remained low throughout the year and ended the year 4% lower than at the end of 2012. An inventory shortage is one of the potential barriers to further strengthening of the housing market and will make 2014 a great time to sell.
Please call  or email me if you have any questions or would like to discuss the market in your local area

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