Market Update as of June 1
Posted by Erin Kiel on
May numbers are in!
As of June 1st:
Median sold price continues to increase. Month over month May saw a decrease of average days on market and a slight uptick in the original list price to sold price ratio. Our absorption rate is now over 6mo of inventory. While we are fully back in a neutral market in the Keys, homeowners and buyers should feel good about home values holding steady.
*Oh, by the way ... I can help connect you with great Realtors anywhere in North America! I'm never too busy for referrals!
Erin Kiel
REALTOR® GRI, AHWD, C2EX
Better Homes and Gardens Real Estate Destinations
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