t is always important to understand one’s local market within the broader context of the U.S. housing market on a whole.
I’m going to take a look at the county I reside in specifically as some data caught my eye and, well it doesn’t look all that reassuring.
Sales and Prices Down from a Year Ago
Looking at the infographic below a few things jumped out at me fast.
The number of closed sales is down almost 10% for single family homes compared to February 2018.
Median sales price is actually down 1.4%, something we have not seen much of in recent years
Days to contract