1st Quarter ’19 Market Report

2019 got off a great start with first quarter numbers that are comparable to last year.

Inventory levels are up compared to a year ago. Buyers have more choices. While first quarter sales are down 3%, average price and price per square foot are up nearly that same amount and closed volume is almost even with last year.

Look for a continued shortage of move-in-ready homes in the lower and middle price ranges. Sharp homes will continue to sell fast and for top dollar. Prices should continue to rise, but at a slower pace and expect upper-end values to be flat as high-end inventory builds up in most markets.

Read the full market report HERE



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