Jmst housing market, May numbers

Jamestown (CSi) The Jamestown Board of Realtors has released May 2016 numbers concerning the housing market.

Active residential listings are up 24% in May this year, with 88 sales compared to 98 a year ago.

Median sales price of properties was $142,000, an increase from $134,500 in 2015.

Property on the market shows a median figure of 77 days compared to 38 days in 2015.

The board reports that, “Overall prices remain steady and there is a larger selection of inventory available. Interest rates remain historically low.”

The board consists of Jamestown, Valley City, Carrington, LaMoure, Edgeley, Ellendale and Medina.

All realtors are members of the National Association of Realtors.