Real Estate Blog - July, 2017

4.2 % drop in contracts from June 2016.

1% drop in closed sales from June of 2016.

5.2% drop in new listings from June of 2016.

Average sales price in June was $545,893 which was flat from last June.

Half of the homes sold in June were on the market 13 days or less. 34 days was the average days on the market which was 10 days lower from June 2016.

Sellers received an average of 98% of original list price. Supply of homes on the market represents a 2.6 month supply, and anything under 3 slightly favors the seller.

Make sure your bank passwords are strong and different from your social media passwords.

Don't sign in to your online bank accounts from a public computer. 

When shopping online make sure the web page provides a secure connection by encrypting your debit or credit card information.

Always keep your antivirus software and anti-spyware, and password-protect your mobile device.

Never respond or reply to any email from what appears to be your bank requesting you to update or confirm confidential information.  (A bank would never ask you to send account information over email).