December 2019 Year End Stats

2019 comes to a close. The average price for 2019 was up 11.71% over 2018. The total number of sales were up 4.60% over 2018 with 6521 units sold. Sales for December were down 4% relative to December 2018 and the number of listings for the year was up 12.66% over 2018.

The current forecast for 2020 according to the Remax projections calls for an increase in prices of approximately 9% over 2019. We should still be in a sellers market but the number of houses on the market for sale seems to be increasing, making it a little easier on buyers for 2020.

Hope everyone had a wonderful holiday season, and I look forward to assisting everyone I can with any real estate needs they have for 2020.

 

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