Courtesy of the National Association of REALTORS® this video provides a nice snapshot of the national housing market as of December 2018. Some highlights from the video:

  • December sales volume was down 10.3% from last year, but median sales prices were up 2.9% from last year.
  • Distressed sales were only 2% of total sales, down from 5% last year and the lowest since NAR started tracking in May 2011.
  • Listing inventory is up 1.46%.
  • Days on market is only 33 days.

 

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