Michael Kozlowski #1 Individual RE/MAX Agent in the State of Colorado! Check us out www.team-koz.com
Spring is finally here! I don’t know about you, but I love the change of the season. The season’s not the only thing changing according to the RE/MAX National Housing Report. Here are three things to take away from last month’s report.
1. Home sales were down for the seventh consecutive month. They were down 4.2% from February 2018.
2. Inventory grew for the fifth month in a row. It was up 5.8% year over year.
The median sales price also grew by 5.5% to $240,000.
3. All signs are pointing to the market slowly balancing as it transitions from a seller’s market to a buyer’s market. However, with home sale prices on the rise, pricing is still in the seller's favor.
It’s going to be a busy spring! If you’re thinking about buying or selling, let’s get started. Give me a call, send me a text, or reply to this email to set up a meeting to talk about your situation.
Thank you for trusting me as your local real estate expert!
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