Great News About Housing Inventory [INFOGRAPHIC]
By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
Aloha, Lance Owens (RS) with LUVA Real Estate and our partners at KCM are bringing you the latest in real estate trends - after seeing the national number, scroll down to the bottom as I touch on a few local numbers.Some Local Highlights In North Kona, we have seen inventory almost double in some cases, but we are still only at about 65% of where we should be in a normal market Although inventory has increased, sales have slowed significantly Slower sales has not hurt the median price, SFH median price so far in July, is up 42% over last July, and up 18% YTD. (remember we still have 9 days left in the month to report sales - this could dramatically change these numbers still) Nationally below: Experts say the number of homes for sale is growing this year, and that can have a big impact ...
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