Gwen Fowler Real Estate, Inc.®

June 2024 Market Report

Posted By Gwen Fowler @ Aug 1st 2024 12:43pm In: Market Report

In June 2024, fewer homes were sold than last year because mortgage rates (the cost of borrowing money to buy a home) went up, making it harder for people to buy houses. The average price of homes went down some to about $299,700. Houses stayed on the market for about 58 days before being sold, a bit shorter than before.

More houses were put up for sale in June compared to last year, but fewer people signed contracts to buy them.  Overall, more homes were available, but prices still increased across the country.  The average cost for a home reached a record high of $419,300 in June.


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sardutet says...
on 08/20/24

https://prolifehc.com/

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