If you're in the market to sell your home this summer, take a look at the numbers from the July 2013 real estate market.
- This month, annual projected home sale activity was at a pace of $5.2 million.
- The median home price was calculated to be $208,000.
- For the past 15 months, the market has seen an increase in home prices (7.8% rise from last month and 15.4% from last year).
- The average fixed rate on a mortgage has risen also. It is now at a national average of 3.54%.
If you're looking for more information, check out this video! Bonus: get tips on what issues you should address before selling your home.