June 2019 Market Report

Compared to most other months this year, June was an extremely active month for home sales. However, this is expected as the summer is the busiest season for real estate sales. Sales in June this year (136) were slower than the last 3 years. Additionally, the number of homes on the market is the lowest it has been in June the last 6 years (267). This resulted in the mid year number of homes sold (625) to be 4.43% lower than last year. Although home sales have been slightly slower, the median sales price of homes continues to climb. The median sales price this June was 240,000, 9,500 more than the previous year. Median days on the market continues to drop for the month of June, albeit just by one day from last year (22 to 21). The market very much remains a sellers market.