Third Quarter 2018

10/1/2018

The total number of homes sold through the second quarter is 24,153.

The average list price is $201,091 and the average sold price is $193,518. The percentage difference is 96.23%, which is higher than Q2 (96.1%) which means sellers are getting even closer to their asking price than Q2.

Home prices have increased by 6.59% through Q3 of 2018 from Q3, 2017.

According to Bankrate.com mortgage rates today are at 4.92% for a 30 year fixed compared to 5/1 ARM are quoted at 4.35%.

According to the Wall Street Journal prime rate is at 5.00, compared to a year ago, 4.25

The Federal Reserve has raised rates recently for the third increase in 2018. 

Your Town Realty's Numbers

Through the second quarter of 2018, YTR has sold $39,903,388 in real estate, totaling 232 transactions.

Our sale-to-list price is 96.15%.

Source: West Penn Multi List

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