The total number of homes sold through the second quarter is 24,153.
The average list price is $201,091 and the average sold price is $193,518. The percentage difference is 96.23%, which is higher than Q2 (96.1%) which means sellers are getting even closer to their asking price than Q2.
Home prices have increased by 6.59% through Q3 of 2018 from Q3, 2017.
According to Bankrate.com mortgage rates today are at 4.92% for a 30 year fixed compared to 5/1 ARM are quoted at 4.35%.
According to the Wall Street Journal prime rate is at 5.00, compared to a year ago, 4.25
The Federal Reserve has raised rates recently for the third increase in 2018.
Your Town Realty's Numbers
Through the second quarter of 2018, YTR has sold $39,903,388 in real estate, totaling 232 transactions.
Our sale-to-list price is 96.15%.
Source: West Penn Multi List