While much of the country was working on a phased reopening of the
economy in June, real estate activity continued to strengthen as well.
Nationally, June showing activity as tracked by ShowingTime was up notably from the COVID-19 depressed levels in recent months but was also up from June 2019, reflecting pent-up demand by prospective home buyers.
Highlights:
- June 2020 average sales price for new & existing homes combined ($275,922) is 6.5 percent higher than June 2019.
- There were 4,156 home sales (new & existing combined) for June 2020, which is 4 percent lower than last June (4,328).
- Home inventory (new & existing combined) for June 2020 (4,953) is 45.5 percent lower compared to June 2019 (9,084).
- The supply of new and existing homes for June 2020 is currently 1.5 months.
Visit: http://kcrar.com/june-2020-market-reports for more info.
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