Is a winter chill sweeping through the housing market? Fewer homes were for sale in January and for those that were on the market, they saw slower market times, according to realtor.com®’s latest analysis.
The median age of inventory now stands at 100 days – with homes taking 6 percent longer to sell in January than in December. The median listing price for January was $227,000, which is up about 8 percent year-over-year.
Still, a handful of markets are outshining the national market. Realtor.com®’s latest report pinpoints 20 housing markets that are “beating the winter chill.” These markets have page views at realtor.com® that are two to five times more than the national average. Also, homes are moving in 30 to 50 days more quickly.
According to realtor.com®, the following 20 markets thrived the most last month:
Author:Sherry Cabrera Phone: 214-454-6969 Dated: February 1st 2016 Views: 456 About Sherry: Sherry was raised in Mississippi and moved to Dallas 16 years ago with her daughter. Prior to movin...
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"Shannon does her homework before she comes for the initial consultation. She is prompt, precise, and knows the area market. We had our house under contract in one day and closed within a month. This was the smoothest process we have ever had!! Shannon is truly fantastic to work with!"