RE/MAX National Housing Report for February 2019

Spring is finally here! I don’t know about you, but I love the change of the season. The season’s not the only thing changing according to the RE/MAX National Housing Report. Here are three things to take away from last month’s report. 

You can read the full report here!

1. Home sales were down for the seventh consecutive month. They were down 4.2% from February 2018. 

2. Inventory grew for the fifth month in a row. It was up 5.8% year over year.
The median sales price also grew by 5.5% to $240,000. 

3. All signs are pointing to the market slowly balancing as it transitions from a seller’s market to a buyer’s market. However, with home sale prices on the rise, pricing is still in the seller's favor.

It’s going to be a busy spring! If you’re thinking about buying or selling, let’s get started!

Thank you for trusting RE/MAX Flagstaff as your local real estate expert!

At RE/MAX Flagstaff, our dedicated REALTORS® are driven to serve you and are committed to success. Please let us know how we can assist you with your real estate needs. Call us at (386) 246-8585.


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Thursday, 13 August 2020

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