San Gabriel Valley Real Estate

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Waiting to Buy a Home Could Cost Tens of Thousands

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Realtor.com: Waiting to buy a home could cost tens of thousands

What you should know …

 Sales of new, single-family homes rose 6.8 percent in April compared with March to a rate of 484,000, and 26.1 percent compared with April 2014’s estimate of 410,000, according to a report by HUD and the Census Bureau.

 The median sales price of new houses sold in April 2015 was $297,300; the average sales price was $341,500.

 The seasonally adjusted estimate of new houses for sale at the end of April was 205,000. This represents a supply of 4.8 months at the current sales rate.

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This entry was posted on May 28, 2015 by and tagged , , , , , , .

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Contact Us!

Rich & Annie Reed
REALTORS
Long Dragon Realty
CalBRE# 01906230 & 01894384

(English/Spanish)
626-538-5116

(English/Chinese)
626-226-7862

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