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Archive for November, 2018

3rd Quarter Market Update, 2018

Posted on: November 1st, 2018 No Comments

Clinton County We’ve reached the end of 3Q2018, and residential real estate sales volume in Clinton County has seen a 25.5% increase vs 3Q2017. YTD 2018 sales volume increased 8.5% over 2017. We believe the rising interest rate environment is motivating buyers to act as they recognize the cost savings that naturally occur with a lower interest rate. Single family home inventory has been generally stable year over year. 204 homes were sold in 3Q2018 compared to 179 in 3Q2017, a 14% increase. This quarter has also moved other year-to-date indicators positive: the average home price is up 4% to $152,719, and >>More