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Home Prices

The median home price increased to $263,800 in June, which was up 4.5 percent from May and up 6.8 percent from June of last year. The median home price has increased by approximately $16,200 in the past year alone.  

Home Sales

The National Association of REALTORSĀ® reported home sales at a seasonally adjusted annual rate of approximately 5.52 million homes during the month of June. This was an decrease of 1.8 percent from May and an increase of 0.7 percent from June of last year.  

Inventory - Month's Supply

There was a 4.3-month supply of housing inventory in June, which was up 2.4 percent from May. The total number of available homes for sale decreased by 6.5 percent compared to June of last year.