New Home Sales Surge By 5.7%!

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New Home Sales Surge By 5.7%!

[INFOGRAPHIC]

Posted: 09 Oct 2015 04:00 AM PDT

Some Highlights:

The median price of a newly constructed home is currently $292,700.
Sales are up 5.7% month-over-month and 21.6% year-over-year.
Many buyers are looking to new homes as an option due to the lack of inventory of existing homes for sale.

By Bill Forst|2019-09-16T14:59:09-07:00October 9th, 2015|

About the Author: Bill Forst

Born in Pennsylvania, I have lived in Ohio, California (where I earned the honor of Eagle Scout at age 17) and for the past 35 years, right here in Arizona. I have been a licensed Real Estate Broker for over 30 years, in both California and Arizona. I spent the majority of my career in the aerospace industry, starting as a machinist and working my way to the top levels of management. In addition, I recently expanded my favorite hobby and became certified as a Level III Golf Instructor. I am married with two sons and have seven wonderful grandchildren. I love my family, most sports including golf and boating, and I love my work and take great pride in applying strong personal ethics in all areas of my life.