Real Estate Update: September 2019 by the Numbers

Real Estate Update: September 2019 by the Numbers

September 2019 by the Numbers

Homes are on the market an average of 29 days, even though that’s up two days from last month. It’s still a great time to buy or sell as homes are going under contract relatively quick inventory is still low at four point two months making it a great time to list your house and take advantage of a market with high demand from buyers the median existing.

Price is around 280 thousand dollars, which is up four point three percent from last year that makes it the eighty ninth straight month of year-over-year games clearly prices are still appreciating which makes it a great time to sell interest rates are historically low, which means that you can get more for your money in today’s market.

Contact us today and one of our knowledgeable loan advisors will help you get into your next home or even just tell you what you need to prepare for ahead of a home purchase. Free of charge.

Data Sources:

https://www.nar.realtor/newsroom/existing-home-sales-climb-2-5-in-july

https://freddiemac.gcs-web.com/news-releases/news-release-details/mortgage-rates-increase