2019 is now more than halfway over and we are excited to release our 2019 Jackson Mid-Year Market Report. Understanding what’s going on in the market allows us to equip our clients to make confident, informed decisions. It also gives us an idea of what the future holds.
Overall, total sales in the Jackson area real estate market increased as prices rose and days on market declined.
QUICK TAKEAWAYS
- Total sales increased more than 6% year-over-year across the Jackson MSA in the first half of the year. Total sales were 996, a 6.4% increase over 936 in 2018.
- The median sales price in the first half of 2019 was $133,000, a 0.8% increase over 2018’s median price of $132,000.
- In the Jackson MSA, average days on market decreased by 22% to 64. The City of Medina had the lowest average days on market within the Jackson MSA at 53 days.
Be sure to check out the full 2019 Jackson Mid-Year Market Report here for more info on how the market performed in the first half of the year.
Whether buying or selling, it is increasingly important in current market conditions to talk with your Nest Broker about how your home fits into the bigger picture. They will advise you and prepare you to make knowledgable decisions and help you achieve your real estate goals. Interested in what’s happening in other markets? To view all of our area market reports, click here.
Have questions? Contact your Nest Broker today.