March Home Sales from the National Association Realtors®
March Home Sales from the National Association Realtors®
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March Home Sales from the National Association of Realtors®
The highlights from NAR are below:
- Existing-home sales fell for the second straight month in March to a seasonally adjusted annual rate of 5.77 million. Sales were down 2.7% from the prior month and 4.5% from a year ago.
- With slower demand, the inventory of unsold existing homes increased to 950,000 as of the end of March. That would support 2.0 months at the monthly sales pace.
- The median existing-home sales price rose to $375,300, up 15% from one year ago.
March data for local home sales from the Multiple Listing Service of Greater Cincinnati. Our sales drop is in tune with National figures.
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