Home Run Market Update Blog
It looks like the number of single family homes listed in the
Sales for June of single family homes rebounded nicely compared to last year. There were 52 single family home sales in June 2010 and 74 sales in June 2011 which is a pleasant surprise.
The sales to listing ratio for single family homes in June, 2011 hit 9% which is encouraging especially when you consider that we were averaging 6% for the last 5 months!
More buyer activity is a welcome trend and one that I predicted in last months market update article titled “The buyers are coming, the buyers are coming!” Hopefully, this activity will carry over to the rest of the year with similar or better numbers. Stay tuned market watchers!