The number of June home sales was the highest of any month since RE/MAX National Housing Report began in 2008. This year's home sales have now experiences a 5 month trend in which sales have been higher than both the previous month and the same month in the previous year.
What does that mean for you? In June 31 homes sold in Pendleton Schools. The average sale price was $141,335. The highest was $359,900 and the lowest was $28,000. Homes sold as fast as 1 day and as long as 359 days, with the average being just over 51 days.
The Schnepp Home Selling Team sold22.58% of all Pendleton listings in June. Outselling our closest competitor by almost 3 times the volume in listings alone!Ouraverage sales price was $188,085. The highest sold being $292,000 and the lowest at $84,900 Our median days on market was 39.
Completed transactions in June, nationally, were 14.3% higher than in May and 12.0% higher than in June 2014. The Median Sales Price of homes sold in June was $224,671 nationally, which was 7.4% above the price seen in June 2014. The inventory of homes for sale also continued a positive trend with growth inventory over May. With growing rate of home sales, the resulting Months Supply of inventory in June still favors the sellers just slightly at 3.6 on a 6 point scale.
Just for fun, let's review the national areas with the highest transaction growth increases. Richmond, VA up 29.8%, Boise, ID up 25.8%, Anchorage, AK up 23.2%, Manchester, NH up 23.1%, Baltimore, MD up 22.3% and Tampa, FL up 22.1%. Were there any surprises? Denver, CO isseeing a 14.8% increase in sales prices making it the highest jump in median sales prices in the country.
If you are looking to make a change, the choice is clear. The Schnepp Home Selling Team is the only name you need to know in real estate. Serving all of Central Indiana for the past 24 years, let us put our experience to work for you! Visit us today at pendletonpads.com, or give us a call at 778-3573. Don't forget we are conveniently located at the corner of SR 67 and Huntsville Rd.
Author:Julie Schnepp Phone: 765-617-9430 Dated: July 29th 2015 Views: 442 About Julie: Co-Founder and President of the RE/MAX Legacy Team
Throughout her career, Julie has received many...
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