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Highlights:

  • 5.45 million existing homes were sold in 2016! This is the highest mark set since 2006.
  • Inventory of existing homes for sale dropped to a 3.6-month supply, the lowest level since NAR began tracking in 1999.
  • The median price of homes sold in December was $232,200. This is the 58thconsecutive month of year-over-year price gains.

 
JoAnn Petrosino, REALTORĀ®, ABR, CRS, GRI, CHMS, CNS
Coldwell-Banker Apex RealtorsĀ®