Year-Over-Year Market Analysis: June 2017 vs. June 2018

Today I’ll present you with a market update comparing data from June 2017 to June 2018 so you can see how the market has changed and where it might be headed. The 44-month streak of low inventory was broken in May 2018, but now we’re once again seeing inventory decrease. Naturally, this means that the average sales price has increased since last year, but the size of that jump was a bit surprising. Days on market, however, has remained stagnant. To learn more about the market, including a nifty tool sellers can take advantage of, watch my latest video.