Region’s median price continues to climb

While existing home sales were flat nationally‚ the Northeast experienced a 7.6% increase.¹
Here are the numbers:

• Increase projects to 710‚000 units sold.
• Northeast’s median price is $292‚800 (up 2.6%).
• National housing inventory remained unchanged‚ with 1.92 million homes for sale.

Capstone is the #1 mortgage company in Greater Lexington for 16 consecutive years. It is a pleasure staying in touch.

¹Patrick Barnard‚ “Existing home sales flat in August but down from a year ago‚” Mortgage Orb‚ last updated September 21‚ 2018.