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Excellent infographic from Have you seen similar trends in your area?
As part of our monthly Real Estate Data Trends report, we’ve decided to highlight how the national and local real estate markets have changed over the past month. As you can see the total US for-sale inventory of single family homes, condos, townhomes and co-ops (SFH/CTHCOPS) now stands at 1.88 million units, down -20.07% compared to a year ago and the median list price in May, which has been rising steadily since January, was up 3.17% on annual basis and now stands at $194,900.
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Big question is whether these trends can be sustained over the next 6 months to a year. We certainly hope so.
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