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Our statistics are like a rollercoaster.  Salida home sales for June climbed  60% vs May sales.  However, from January to June Salida home sales dropped 65% compared to the same period last year.

Median prices rose 16% over last month bumping up to $341,500 for a home in Salida.

In the five-county area, inventory rose slightly at 5%.  Loan rates for a 30 year conventional loan dropped to 5.34%.

With an increase in sales, slower growth in inventory and lower interests rates, the news is good (sort of)!  - Leslie Walker, Broker/Owner, Salida Realty

 


Posted by Leslie Walker on July 5th, 2009 1:20 PMPost a Comment (0)

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