Existing-Home Sales Fell 3.4% in May; Median Sales Price Surpasses $400,000 for the First Time

by Jim Marks

Existing-Home Sales Fell 3.4% in May

Gray house with a porch, a big lawn, and big trees
At $407,600, the median existing-home sales price exceeded $400,000 for the first time in May 2022, and represents a 14.8% increase from one year ago.
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Jim Marks

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