Monthly Market Reports

Group One Sotheby's International Realty June Market Report

MID-YEAR SUCCESS

Ada County residential sales results for June were modestly improved over last June. Closings were up 2% and pendings were even with last year despite 20% lower inventory from the end of last June.

For the first six months, unit sales were up 10%, again despite lower inventory.  The average and median prices were 14% higher for the most recent trailing 12 months than they were for the previous year. Demand is high.  Buyers are plenty; sellers are benefiting.

The graph below shows what has happened with unit sales and prices since 2002.

 

 

Posted by Brad Barker at 7/8/2018 9:00:00 PM
Share |
Comments (0)
No comments yet, login to post a comment.