Existing Home Sales During January 2017

The Existing Home Sales report for January 2017 was released by The National Association of Realtors® this morning:

Predicted: 5,575,000
Actual: 5,690,000

Change from Previous Month: +3.3%
Change from One Year Previous: +3.8%

Inventory: 1,690,000 (3.6 months supply)

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The "actual" figure above represents the preliminary, seasonally adjusted annualized sales count of existing homes, co-ops and condominiums for last month. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

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Median Price for A Used Home During January 2017: $228,900
Change from One Year Previous: +7.1%

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Average Price for A Used Home During January 2017: $271,000
Change from One Year Previous: +5.2%

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Click here for historical prices and a chart.


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Existing Home Sales During January 2017

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• The monthly Existing Home Sales report is released on or around the 25^TH day of each month.

Click here to view the NAR report.

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