Monthly supply and mean sale prices – 06-23-15

Monthly supply and mean sale prices - 06-23-15

 

  • Existing Home Sales Month Supply decreased to 5.1 months in May 2015 compared to 5.5 months in May 2014
  • Existing Home Sales Month Supply shows that the percent change from a year ago was a negative of 7.3% in May 2015 compared to an increase  last year of 10.0%.This carried on creating shortage of inventory
  • Mean Sales Price of Existing Homes has  increased to $272,800 in May 2015 compared to last year at $259,400
  • Mean Sales Price increased by 5.2% in May 2015 compared to last year at 3.35 percent

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