Home Sales Are Way Up in These 5 U.S. Metro Areas

Homes are selling faster this summer than last – and intel from the latest RE/MAX National Housing Report for July 2024 confirms it. Aggregated data from 51 markets across the U.S. showed that home sales in July were up 3.8% compared to June and 6.7% compared to a year ago.

While all but two of the surveyed markets saw an increase in closed transactions, some experienced a more significant spike than others.

Check out the five markets where home sales saw the biggest annual increase in July:

Home sales in the Burlington metro were up 19.8% compared to July 2023. The median sales price for the metro was $499,000, and listings spent an average of 23 days on market before selling.

Home sales in Dover were up 18.8% compared to July 2023. The median sales price for the metro was $343,000, and listings spent an average of 16 days on market before selling.

Home sales in the Providence metro were up 18.7% compared to July 2023. The median sales price for the metro was $489,000, and listings spent an average of 32 days on market before selling.

Home sales in Trenton were up 18.3% compared to July 2023. The median sales price for the metro was $485,000, and listings spent an average of 17 days on market before selling.

Home sales in the Birmingham metro were up 16.8% compared to July 2023. The median sales price for the metro was $304,000, and listings spent an average of 47 days on market before selling.

For more insight on what this data could mean for homebuyers and sellers, check out the most recent National Housing Report coverage on RE/MAX News.

If you’re ready to make a move, get in touch with a local RE/MAX agent today.

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