Home Sales Are Up! Posted on August 9, 2016 - 07:36 AM by Red Hilton The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure. Homes priced between $100-250K showed a modest increase at 3.4%. This not only points to the lower inventory of homes available for sale in this price range but also speaks to the overall strength of the housing market. Sales of homes over $250,000 increased by double digit percentages with sales in the $750,000- $1 million range showing the largest increase, up 16.7%! As prices in many markets continue to accelerate, it is no surprise to see the percentage of homes in the higher price ranges increasing. Here is the breakdown: What does that mean to you if you are selling? Houses are definitely selling. If your house has been on the market for any length of time and has not yet sold, give me a call. WE can figure out why! Thinking of making a move? Keep us in mind. For all your Real Estate Decisions...think RED! AskForRed.com Comments There are no comments for this post. Be the first to comment! Leave a comment Comment Already have an account? Yes No Email Password Not Required First Name Last Name Email Password Not Required Login and Add Comment