SUPPLY OF HOMES ON THE MARKET

May 2016 and May 2017

 

    This shows how many months supply of houses are on the market.  These numbers reflect an average length of time a home was on the market before selling.     

                                                                                      

Price Range

May 2016

May 2017

Change

$1,000-$100,000

5.2 Months

2.8 Months

-46.2%

$100,000-$150,000

3.3 Months

2.3 Months

-30.3%

$150,000-$200,000

3.8 Months

2.5 Months

-34.2%

$200,000-$250,000

5.4 Months

2.8 Months

-48.1%

$250,000-$300,000

6.7 Months

3.5 Months

-47.8%

$300,000-$350,000

7.9 Months

4.7 Months

-40.5%

$350,000-$400,000

8.3 Months

7.2  Months

-13.3%

$400,000-$450,000

10.1 Months

7.7 Months

-23.8%

$450,000-$500,000

9.7 Months

7.4 Months

-23.7%

All Price Ranges

 

5.2 Months

3.4 Months

-34.6%

 

 

 

 

If you ever wanted to sell, now would be an excellent time, we would be thrilled to help you discover the value of your home today! 

 

 

Yes, it is a great time to buy and sell!

The Solus Real Estate Group is here to serve in all of your Real Estate needs.

 Give us a call to see how these low mortgage rates could benefit you!!

 

 
 

 

 

 

 

 

Harlan TenNapel-harlan@solusrealestategroup.com

mark youngberg- mark@solusrealestategroup.com

Erika Boen – erika@solusrealestategroup.com

605-274-7273