After two consecutive months of home sales higher than last year, November sales fell 5.2% lower than sales in November 2013. The winter months normally see lower sales than in the summer, but sales this year have mostly been lower than what was seen in 2013. However, home prices continue to rise, but at a slower rate than last year.
The November Median Sales Price was $195,151, which was 6.1% higher than the median price last November. Inventory became slightly tighter in November with a 9.2% reduction from last year.
Owning a home has great financial benefits, yet many continue to rent!
"I am highly impressed with my recent experience working with Keith to find the perfect home for my sons and I to live. He made himself available to educate, answer questions and ease my mind throughout the application and approval process. Keith treated me with a level of respect, attention and care that I had not yet experienced in my previous real estate endeavors. My sons & I are now living in a brand new build home in a neighborhood that we love. Thank you for everything Keith!"