![Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC] | Simplifying The Market](https://static.wixstatic.com/media/a1954d_885bb637d0594a2daeebf8a9486d0f5c~mv2.jpg/v1/fill/w_549,h_300,al_c,q_80,enc_auto/a1954d_885bb637d0594a2daeebf8a9486d0f5c~mv2.jpg)
![Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC] | Simplifying The Market](https://static.wixstatic.com/media/a1954d_396c02f51f7943d898f9e8099f8ce10f~mv2.jpg/v1/fill/w_980,h_1078,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/a1954d_396c02f51f7943d898f9e8099f8ce10f~mv2.jpg)
Some Highlights:
Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June.
Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal 6-month supply.
Median home prices were up 4.3% from June 2018, hitting $285,700. This marked the 88th consecutive month with year-over-year price gains.
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