Market conditions: 1/2016
Median sales prices are continuing to climb with many areas higher than the peak in 2007-08.
Inventory is the lowest since the peak and will push prices higher. The supply of homes for sale is the lowest since 2006 and 2007.
The median % of sales price to original listing price is running in the 96 and 97% range.
Days on the market of homes sold is in the 60 and 70 + days range. Homes still currently on the market is substantially more. It still takes longer to sell a home in a rural area or town than in towns
greater than 40,000 in populations.
See our interactive charts on many of our town pages.