A Tale Of Two Markets

The weeks after the Fourth of July are typically slow for the residential real estate market; it’s a good time to reflect on the market overall. Statewide, things are booming. The median sale price of a single-family home shot up to $395,000 in June, according to The Warren Group, publisher of Banker & Tradesman. This marks 15 straight months of year-over-year price increases going back to April of 2016. And early reports are that June sales were robust.