Existing Home Sales Slow to Start Spring

Existing Home Sales Slow to Start Spring [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Existing Home Sales slowed to an annual pace of 5.21 million home sales in March.
  • Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months.
  • Median home prices were up 3.8% over last March at $259,400. This marked the 85thconsecutive month with year-over-year price gains.
  • In the Englewood Area we have felt a slight slow down, just like national sales.
Erin Halstead, Realtor
Erin Halstead, Realtor