Christina Starner

Watson Realty Corp.

175 Hampton Point Drive
St. Augustine, FL 32092


Cell: 904-214-6296   
Phone: 904-214-6296 
Fax: 904-230-6809

Housing Trends

July 2017

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National market update

Existing-Home Sales Rise 1.1 Percent in May; Median Sales Price Ascends to New High

WASHINGTON (June 21, 2017) — Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high while pushing down the median days a home is on the market to a new low, according to the National Association of Realtors®. All major regions except for the Midwest saw an increase in sales last month.




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America's 20 Hottest Real Estate Markets for June 2017

Are you ready for the housing market's Endless Summer? At least it might feel endless, because there seems to be no end in sight for the national housing shortage now that we're waist-deep in the busiest season for buying and selling, according to a preliminary analysis of June data by realtor.com®.




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National housing indicators

Existing home sales (May)

5.62 millions units*

Existing home median price (May)

$252,800

Housing Starts (May)

1.092 millions units*

New home sales (April)

0.569*

*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

National economic indicators

Home ownership

1st Quarter 2017

63.5%

1st Quarter 2016

63.6%

The homeownership rate of 63.6 percent was not statistically different from the rate in the first quarter 2016 (63.5 percent) or the rate in the fourth quarter 2016 (63.7 percent).

New home sales

April 2017

-11.4%

May 2017

+2.9%

Sales of new single-family houses in May 2017 were at a seasonally adjusted annual rate of 610,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 2.9 percent (±13.0 percent)* above the revised April rate of 593,000 and is 8.9 percent (±21.9 percent)* above the May 2016 estimate of 560,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

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Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

Christina Starner

Thank You for helping us make 2011 such a Succesful Year. We are looking forward to another AMAZING Year in 2012! Please contact us for all of your Real Estate needs and questions (904) 214-6296. We are on Facebook, please Like us at www.Facebook.com/SeeStarner. Read more

As the year 2011 comes to an end, we would like to Thank You for your business. Your referrals are our Greatest Compliment. Thank You. If you or anyone you know is looking to Buy - Sell - or Rent, please feel free to contact us anytime at (904) 214-6296 or CStarner@TopProducer.com. Have a Happy and Safe Holiday Season! The Starner Team.

Thank You for helping us to make 2010 a successful year for The Starner Team! If you know of anyone looking to Buy, Sell or Rent - please do not hesitate to contact us. My family and I appreciate your referrals, they are the Greatest Compliment we can receive. Wishing you and yours a Blessed Holiday Season and a Happy New Year! Read more

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Existing Home Statistics

View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.