Total dollar sales in May were down 8% versus last year, with recent trends being flat. This indicates that we are currently experiencing “uncertain” market conditions.
The number of houses sold was down 9% versus May of 2013.
The total amount of houses available on the market is down 9% versus May of last year. At the current sales pace, there is currently 8 months of supply of used houses on the market, which is 1 month less than last year.
The average days on market (days it takes to sell) a used house was 4.4 months in May.
If you have a house sitting on the market, and are interested in a way to sell it quickly without hassle, call us at 205-390-1050 or log on to www.WeBuyBham.com.