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By Dream JP Pirtle Realtors

The Dream Team represents the region's finest properties with exceptional skill using the most innovative technologies currently available.

Let’s Explore Your Selling Options. We will help you sell your home at the price and terms you want. Free Selling Strategy Call

Overall, the 2019 market was very similar to the market we saw in 2018:

Homes Sold:

  • 2018: 18,000
  • 2019: 17,900

Average Sales Price: 

  • 2018: $219,000
  • 2019: $230,000

Absorption Rate:

  • 2018: 2.63 months
  • 2019: 2.69 months

Number of Active Listings:

  • 2018: 28,000
  • 2019: 28,000

Interest Rates:

  • 2018: 4.25%
  • 2019: 3.75 %

Now let’s take a look at what we can expect for 2020.

I believe that 2020 will be very similar to 2018 and 2019. Inventory should remain low, though a little more may come on yet this year. Rates will continue to be awesome—they’re actually still going down!

Whether you’re looking to buy or sell, or if you just have questions about real estate or the market, don’t hesitate to reach out to us. We would love to offer you our free advice.

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