Local Homes Sales increase in September from last year

Local homes sales rose 11 percent, from 698 homes sold in 2015 to 775 homes sold in 2016.

Average time on the market is 88 days, dropping 14 percent from last year at 103 days.

What does this mean? Lack of inventory is pushing prices up. Low interest rates keep sales soaring. If I can help in any way please contact me at 910-264-3163.

 

Source: Here