Welcome to San Diego Blog | January 30, 2017

Sales at Highest Pace in 10 Years! [INFOGRAPHIC]

 

Sales at Highest Pace in 10 Years! [INFOGRAPHIC] | Simplifying The Market

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.

Source: KCM


Written by: Dannecker & Associates

Categories: Buyers, Downtown San Diego, Finance, Home Prices, Market Conditions, Market Trends, Sellers

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