I hope that everyone is staying cool and enjoying the summer months. With the kids officially out of school, schedules for some are more relaxed, but for others, the summer doesn’t mean a slow down!! Working in the real estate industry, I have remained busy this May with both buyers and sellers and it looks as though June will be another busy month! Although the spring real estate market began in March, it is not too late to list your home this summer. Below are some motivating statistics from our local MLS data comparing the current real estate market to last year’s market at this time.
Snapshot of May 2013 Real Estate Market: May 2012 vs May 2013
- 341 – Individual units sold, 16% more units sold than in May 2012
- $199,886– Monthly average price of single sale, 14% higher than average in May 2012
- $68,161,256 – Total monthly sales, 32% more sales than in May 2012
- 223 – Homes sold between $100,000 and $250,000, 1% more sold than in May 2012
- 52 – Homes sold between $250,000 and $500,000, 73% more sold than in May 2012
