Existing Home Sales Slow to Start Spring

Market Trends

Existing Home Sales Slow to Start Spring

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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 85th consecutive month with year-over-year price gains.

Do you a real estate related question? Please contact Marina or Kathleen at 954-914-8060