2016 In Review

Have you heard about the HOT metro real estate market?  Watch as I take you through the market in about a minute.

If you include all seller types, all construction types, all property types and all price ranges, the median price improved 5.5% over last year.

But lets say you are the owner of a house in the top quartile, over $289,000.  Then you would be interested in Traditional sales of Previously Owned, Single-Family, $289,000 or More.  Here we see 2016 was up 0.4% over 2015, which was down 1.3% from 2014.  If this is your segment of the market, things have not changed.

If you are in the $189,000 to $288,999 range, the market gained 1.5% over 2015 and 2.2% over 2014.  The market is healthy.

But not HOT.

Call me to talk about your situation.  612 810 3491.

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