Drop in Inventory Fuels Sales Slowdown [INFOGRAPHIC]
Property Overview
Property Features
Some Highlights: Existing Home Sales are now at an annual pace of 5.46 million. Inventory of existing homes for sale dropped to a 4-month supply, marking the 35th month in a row of declines. The median price of homes sold in April was $257,900. This is the 74th consecutive month of year-over-year price gains. Powered … Continue reading Drop in Inventory Fuels Sales Slowdown [INFOGRAPHIC]
Property Description
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Some Highlights:
- Existing Home Sales are now at an annual pace of 5.46 million.
- Inventory of existing homes for sale dropped to a 4-month supply, marking the 35th month in a row of declines.
- The median price of homes sold in April was $257,900. This is the 74th consecutive month of year-over-year price gains.
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Herbert Riggs
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I have lived and worked in the Northern Virginia area for over 20 years. I am committed to honesty, integrity and excellence in every relationship I build in my real estate endeavors.