Median Home Sale Price Shows Gains For A Remarkable 81 Months Straight

What has happened to the median home sale price for your home over the past couple of years?  Chances are the median home sale price has increased.

When you purchase a home, you want it to appreciate in value. That way, if and when you decide to sell your home, you can fetch more than what you paid for it (and make a handsome profit in the process).

Well, if you purchased your home anytime in the last seven years or so, chances are you’re probably doing just fine.

According to recent data from Zillow, the median existing home sale price was $257,000 in November 2018. That’s a rise of 4.2% from November the previous year—and marks a whopping 81 months straight of year-over-year gains.

The Takeaway

If you’ve owned your home for at least a few years, chances are it’s appreciated in value so you’ll be able to sell it for a higher value than what you paid. But these steady increases won’t last forever. As new inventory hits the market in 2019, increases in home values are expected to level off. So if you’ve been thinking about selling your home, now is the time to make a move (and make the most profit).

Bottom Line:

If you’re looking for a focused and goal-oriented Realtor in southwest Florida who will help you achieve your Real Estate needs, please reach out to me directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, a luxury home, luxury vacation home, luxury golf home or dream home, call me or text me on my mobile phone at 239-370-0892 or email me at Matt@NaplesGolfGuy.com

About Matthew Klinowski, PA

The above information about median home sale prices was provided by Naples Golf Guy, Matt Klinowski, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single family home or condo in Naples, Bonita Springs or Estero, contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.  Most importantly, I will handle all the negotiations to make your real estate transaction as smooth as possible.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

January 30th, 2019 Posted by Matt