Sales Up In Nearly Every Price Range

Seth Muenzer
Published on May 16, 2016

Sales Up In Nearly Every Price Range

The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure.

Only those homes priced under $100,000 showed a decline (-4.6%). The decline in this price range points to the lower inventory of distressed properties available for sale and speaks to the strength of the market.

Every other category showed a minimum increase of at least 4.6%, with sales in the $250,000- $500,000 range up 15.2%!

Here is the breakdown:

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What does that mean to you if you are selling?

Houses are definitely selling. If your house has been on the market for any length of time and has not yet sold, let’s meet up to see if it is priced appropriately to compete in today’s market.


 

About Seth Muenzer’s Real Estate Blog: The above article “Sales Up In Nearly Every Price Range” is hosted by the Seth Muenzer, the owners of www.sethmuenzer.com. If you’re thinking of selling or buying, I would love to share my knowledge and expertise.

Servicing the following San Benito County areas: Hollister, Ridgemark, Tres Pinos, San Juan Bautista, Aromas as well as Santa Clara County, Gilroy, San Martin and Morgan Hill.

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