or login to your SBJ.net account
Forgot your password or username?
Search only accepts letters and numbers.
MO home sales increase 5% in June
Thursday, August 02, 2012 6:03 AM
Missouri Realtors sold 6,084 homes in June, a 5 percent increase compared to 5,799 in the same month of the prior year.
During the month, the average home price was $158,101, up from $150,583 in June 2011, according to the Missouri Association of Realtors' latest home sales report.
The median home price rose 7.6 percent year-to-year to $129,075 from $120,000. June is the fifth month the median price has increased compared to the previous year, and for three of those five months, gains were between 5 percent and 10 percent.
Homes sold in June were on the market an average of 134 days, four fewer than in the same month of 2011.
According to the release, 37,963 homes were on the market during June, and of those, 16 percent had been sold but hadn't closed by June 30.
The release pointed to Freddie Mac data showing the national average for 30-year, conventional fixed-rate mortgages set a record low in June at 3.68 percent. The National Association of Realtors has predicted little movement in the average for the rest of 2012.
Please fill out the form below to submit a comment.
Message is a required field.
Captcha entry is not valid, please try again.
A comment must be approved by our staff before it will displayed on the website.
SEARCH SPONSORED BY
Second Zurich Insurance executive commits suicide
Second airline suspends flights to Venezuela
Striking Verizon workers score 11% raise
Libertarians pick Johnson, Weld as presidential election ticket
Starbucks adds nitro cold brew
Peter Herschend chosen for Lifetime Achievement in Business
Viacom's independent directors vow to fight ouster attempt
Nixa woman pleads guilty to $80M counterfeit scheme
'X-Men: Apocalypse' rules, 'Alice' struggles at holiday box office
Despite scandal, VW improves Q1 profits
Opinion/Letters to the Editor
© 2016 Springfield Business Journal, Springfield, Missouri. All Rights Reserved. To contact SBJ, call (417) 831-3238.
Software © 1998-2016 1up! Software, All Rights Reserved