Existing-Home Sales Lose Momentum in November as Inventory Slightly Tightens
WASHINGTON (December 22, 2014) – After hitting their highest level of the year, existing-home sales slid in November as housing supply showed some tightening, according to the National Association of Realtors®. All major regions experienced a decline in sales compared to a month earlier
San Antonio Board of REALTORS® reports median single-family home price up 3.7% in Nov-14 over Oct-14, sales fall to 1,365.
Nov-14 Quick Facts:
- The median price of existing single-family homes increased to $171,000 up 3.7% vs Oct-14.
- Existing single-family home sales decreased -27.0% from Oct-14 for a Nov-14 total of 1,365 sold units.
- Condos decreased in price to $96,250 down -1.3% vs Oct-14.
- Existing condo sales decreased -37.7% in Nov-14 over Oct-14 for a total of 38 sold units.
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