Some Highlights:

*Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June.

*Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal 6-month supply.

*Median home prices were up 4.3% from June 2018, hitting $285,700. This marked the 88th consecutive month with year-over-year price gains.

Warmly,

Kristi Harden

*If you have any questions, please contact me, Kristi Harden, today at 951.704.6370 or kristi@kristihardenrealestate.com

*Infographic provided by my trusted and verified source, KCM.com