Home Sales Accelerate During The “Dog Days of Summer” [INFOGRAPHIC]

Home Sales Accelerate During The “Dog Days of Summer” [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Existing home sales have accelerated to the highest pace since February 2007 at an annual pace of 5.57 million.
  • Inventory of homes for sale remains below the historically normal 6-month mark at a 4.6-month supply, down 5.8% year-over-year.
  • Median home sales prices rose to $247,700, 4.8% higher than a year ago and replaced the previous peak in May of $238,900.

It’s still a good time to sell. Our inventory numbers are lower than the national ones (Gwinnett Co is 2.8 months) so there are buyers ready, willing and able to buy your house if you’re ready to move.

Call me and we’ll talk.

Thanks for listening,
Jerry Robertson
678-231-1578 Cell
Source: Keeping Current Matters

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