ACAR housing stats for May 2016
True to form, May’s numbers succeeded April’s figures in key markers. There were 2,113 active listings in May 2016 compared to 1,879 active listings in April 2016. The average Number of Days on Market existing homes and new construction combined was a remarkable 38 days. The hottest price range is homes below $200,000. Below are other key stats:
• 1,028 Homes Sold in May 2016
• $242,400 was the Median Price
• 38 was the Average Number of Days on Market