Published on: 2014-09-25
Lifestyle Real Estate Focus
A shortage of properties to sell has stifled sales across the lifestyle market. Sales for the six months ending June 2014 fell below 200 properties sold. However the median price kept driving up, moving from $518,000 for the December 2013 six months to $535,000 for the six months ending June 2014. The shortage of properties for sale was the primary catalyst for the rise as more and more buyers chased fewer properties for sale.