Taking an Image and Making it Interesting
Listen up. If you're in the real estate game, here’s what you need to know:
Median Sale Price: Up 4.9% year over year. That’s $397,954 as of June 30. Compare that to the last two years – 2021 was lower, 2022 was lower. We’re seeing solid growth, people.
Median Asking Price: A whopping 6.1% increase year over year. We’re talking $409,975. Sellers are confident, and why shouldn’t they be? The market’s showing strength.
Listings with Price Drops: Here’s the kicker – 6.9% of listings had price drops as of June 30. That’s a steady number, reflecting strategic adjustments but not panic.
Bottom line: Prices are rising, confidence is high, and smart adjustments are happening. If you’re in real estate, this is your playing field. Understand it, navigate it, and capitalize on it.
Go make things happen.