This short video explains our market in a nutshell. We’ve been trying to get the word out that we just don’t have enough homes for sale for all the buyers that are looking. If you’ve been thinking of selling your home, please give us a call. We’d love to just chat and see if it makes sense for you. No pressure, no obligations, just a friendly conversation. Give us a call at 913-732-1247
Here’s some more info and a great graphic too.
Highlights:
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45 million existing homes were sold in 2016! This is the highest mark set since 2006.
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Inventory of existing homes for sale dropped to a 3.6-month supply, the lowest level since NAR began tracking in 1999.
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The median price of homes sold in December was $232,200. This is the 58th consecutive month of year-over-year price gains.