|| May 2017 Market Update
Homes for Sale & Sold Report for May 2017
Hello, I hope you had a great May!
We are experiencing a SELLERS MARKET! Now is a GREAT time to SELL!
The number of For Sale listings was down 9.7% from one year earlier and down 5.1% from the previous months. The number of new listings in May '17 was down 14.2% and down 5.5% from May '16. The number of sold listings decreased 5.5% year over year and increased 5.2% month over month.
The average sale price increased .5% year over year and increased 3.8% month over month. May YTD sales ran 11.4% ahead of last year's year-to-date sales.
A comparatively lower Month's Supply of Inventory is more beneficial for sellers while a higher Month's Supply of Inventory is better for buyers. The May 2017 MSI of 3.5 months was at its lowest level compared with May of 2016 and 2015.
This has affected your home's value!
I would like to invite you to find out the new value of your home using today's technology at a website I created that will provide you with your homes new value at:
Get Your FREE Home Value Now
See all current homes for sale near YOU with option to get notified as soon as your neighbor's home lists for sale before the major real estate websites even get them!
I would also like to give a special "Thank You!" to my clients and YOUR neighbors who continue to leave me reviews as I help them buy and sell real estate.
Please click below to read my latest client reviews, along with other real estate resources that you may find valuable!
I hope you find this helpful and, as always, I appreciate your consideration in referring any friends, family, or colleagues my way.
Again, thank you for supporting me and my business endeavors and do not hesitate to let me know if you have any questions about anything related to real estate or your home!