Median Home Price in USA is $311,300, up 2.8% from 2019, says Redfin12551
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Inman (21 July 2020) Median home sale price reaches all-time high - The median home sale price in the US rose by 2.8% from the previous year in June, marking an all-time high of $311,300, according to Redfin '“The coronavirus hasn’t dragged home prices down; in fact, we’ve seen just the opposite — prices are rising in spite of the pandemic,” Brian Walsh, a Redfin agent in Tampa, said in a statement. During the month of June, the median home price in Tampa was up 8 percent year-over-year," reports Redfin. "Homes sold during June typically spent 39 days on market, only four days longer than the previous year, but still five days shorter than the average time on market for June months every previous year back as far as 2012," reports Inman. Source: Inman ---- I encourage you to subscribe to Inman to read articles like this. Free 90 day trial of Inman with this WGAN Affiliate Code |
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Available Inventory Down. Interest Rates Down. AirBnB Rentals Down. Need for larger space for home office Up. Baby Boomer retiring and downsizing Up. Number of Homeowners and Renters behind on Mortgage = ???? Save your Money ![]() |
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