Home Sales Up in Every Price Range over $100K!

The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure.

Homes priced between $100-250K showed a modest increase at 3.4%. This not only points to the lower inventory of homes available for sale in this price range but also speaks to the overall strength of the housing market.

Sales of homes over $250,000 increased by double digit percentages with sales in the $750,000- $1 million range showing the largest increase, up 16.7%!

As prices in many markets continue to accelerate, it is no surprise to see the percentage of homes in the higher price ranges increasing.

Here is the breakdown:

What does that mean to you if you are selling?

Houses are definitely selling. If your house has been on the market for any length of time and has not yet sold, perhaps it is time to sit with your agent and see if it is priced appropriately to compete in today’s market.

For further information about your situation, contact me today. 847-321-1126 Mobile/Text

Celeste Barr

Celeste Barr
Keller Williams Success Realty
Realtor, ABR,CNE,CRS,SFR,GRI,e-Pro,Web 2.0

Celeste@CelesteBarr.com

http://www.CelesteBarr.com

http://www.SearchAllNorthernIllinoisHomes.com

Celeste is recognized as a 5-Star award winner from Chicago Magazine for 6 years running (2011,’12,’13,’14,’15,’16). Chicago Magazine recognizes those who have given exceptional service to their clients over the previous 12 months of activity. Only clients have the ability to give their review and opinion of who they have worked with and only those who have been given a 100% satisfaction get this recognition. Less than 2% of all Chicagoland Realtors receive the 5-Star Award. There are over 40,000 Realtors in Chicagoland.