Found 2 blog entries tagged as record high.

The U.S. Median home listing price recently hit a historic high of $300,000 according to realtor.com’s March housing data. That’s up 7 % from last March. Despite a slowing housing market, prices in a number of metros are still increasing, many at lower rates than a year ago. “This is the first time we’ve seen that number hit the $300,000 point nationally,” explained Danielle Hale, chief economist at realtor.com. With the spring buying season kick-off, Hale expects “steady price growth to continue in 2019, with the exception of areas like San Jose.”

This happened despite that inventories kept increasing, though at a slower pace. Realtor.com saw national inventory grow 4 % this March compared to March 2018. That number jumped to a 9% increase when you…

319 Views, 0 Comments


Median Home Sale Prices Hit an All-Time High at $248,000 in 2018; Homeowners Staying Put Longer as Average Homeownership Tenure Rises to New High

IRVINE, Calif. – Jan. 31, 2019 — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Year-End 2018 U.S. Home Sales Report, which shows that home sellers in 2018 realized an average home price gain since purchase of $61,000, up from $50,000 last year and up from $39,500 two years ago in 2016 to the highest level since 2006 — a 12-year high.

That $61,000 average home seller profit represented an average 32.6 percent return on investment compared to the original purchase price, up from 27.0 percent last year and up from 21.9 percent in 2016 to the highest average home…

521 Views, 0 Comments