Have you heard about the HOT metro real estate market? Watch as I take you through the market in about a minute.
If you include all seller types, all construction types, all property types and all price ranges, the median price improved 5.5% over last year.
But lets say you are the owner of a house in the top quartile, over $289,000. Then you would be interested in Traditional sales of Previously Owned, Single-Family, $289,000 or More. Here we see 2016 was up 0.4% over 2015, which was down 1.3% from 2014. If this is your segment of the market, things have not changed.
If you are in the $189,000 to $288,999 range, the market gained 1.5% over 2015 and 2.2% over 2014. The market is healthy.
But not HOT.
Call me to talk about your situation. 612 810 3491.