Local Home Sales Down Compared to Last Year

Photo Credit: Capital Area Association of Realtors
Photo Credit: Capital Area Association of Realtors

Local home sales are down compared to this time last year… while home prices are growing at a manageable rate, according to the Capital Area Realtors.

The local realtors’ group says home sales last month were down more than three-percent compared to August of 2016… while total year-to-date home sales this year are down nearly a full percentage point.

The median home price is $122,800… up six-tenths of one-percent from last year, a rate that the realtors call “affordable.”

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