Lisa McCarthy
Lisa McCarthy
Lisa's Real Estate News and Information!

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REAL ESTATE UPDATES

Here's the latest news and headlines on property investments, housing, mortgages, refinancing, and real estate markets. 

July 2024 brought 3.95 million in sales, a median sales price of $422,600, and 4.0 months of inventory. The median sales price is up 4.2% year-over-year, and inventory was up 0.7 months from July 2023.









       
     KEY HIGHLIGHTS:  
 
       
  New home sales up 10.6% compared to June  
       
  Existing home sales grew 1.3% in July, even though the median sales price is up 4.2% from 2023

 
  Inventory of unsold existing homes up 0.8% from June  







  Existing home sales edge up in July but remain sluggish
  Sales of previously owned homes saw a slight increase in July, but overall activity remained subdued.
 
 
 
 
 
  New homes shine in a sluggish market
  While new home sales represent a smaller portion of the overall market compared to existing home sales, there is a potential shift on the horizon.
 
   
   
 
 
 











 

"Home sales are still sluggish ... But consumers are definitely seeing more choices, and affordability is improving as mortgage rates have eased slightly."

- Lawrence Yun, NAR Chief Economist


 



 






 


Questions on sales - nationwide or right here in our neighborhood?

I'm always here to help with questions on buying, selling or anything home.

Lisa McCarthy   |   513-256-2629   |   [email protected]





  























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5326 Dee Alva Drive
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1342 Wexford Lane
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4046 Boomer Road
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7979 Oakbridge Way
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3133 Penrose Place
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854 Bradford Court







 

     
   
     









 

 

         

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  TRENDING


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Lisa McCarthy 
513-256-2629
[email protected]

         



       


                   

   



 
Lisa McCarthy 
513-256-2629
[email protected]




   



   



 
Lisa McCarthy 
513-256-2629
[email protected]