Market Update

Despite Low Inventory, Existing Home Sales Bounce Back!

EHS-JAN-KCM

Some Highlights:

  • Sales in December were 14.7% higher than those in November, marking the largest month-over-month increase ever recorded.
  • Inventory levels are still below historic norms at 3.9-months supply.
  • Median home price is up 7.6% from last year, marking the 46th consecutive month with year-over-year price gains.

 

Related posts

Kitsap County home prices reach a five-year high

jlspr

Seattle Fastest Growing Large City in U.S. this Decade

jlspr

Housing market in Kitsap County is on track for seasonal slowdown

jlspr