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Housing Predictions of 2019

Monday, March 18, 2019   /   by Justin Critchfield & Michelle Aspseter

Housing Predictions of 2019

Sellers, click hereLet's recap what happened in 2018!

1. Median home prices rose an average of 9% to $355,000.
2. Multi-family homes (condo's, townhomes) went up an average of 10% to $248,527

What do we think will happen in 2019?

2019 Home Price Predictions

1. Job growth and pay will decline
2. Home Sales will slow by 8%
3. Days on market will increase
4. Prices on condos and townhomes will increase 7-8% (experts and economists say 9-10%)
5. Single family home prices will increase 4-5% (experts and economists say 5-7%)

Stay informed and understand what this means to you!

Buyers, click here

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