President's Corner: 2017 in Review: Housing Market Superlatives

The calendar may have turned to 2018, but with one month of 2017 data remaining, here’s a look at some of the top housing highlights from last year:

Strongest existing-home sales pace

November: 5.81 million

Slowest existing-home sales pace

August: 5:35 million

Most likely to be happy

Home sellers: sales prices consistently rose around 5 percent (year-over-year) each month

Most likely to be frustrated

Prospective first-time buyers: 32 percent sales share (unchanged from 2016 and down from historical average of around 40 percent)

Fastest month to sell a home

May: 27 days

Most expensive housing market *

San Jose-Sunnyvale- Santa Clara, California: $1,165,000

Least expensive housing market *

Decatur, Illinois, $86,300

Quickest home-price appreciation *

San Jose-Sunnyvale- Santa Clara, California: 16.5 percent

Slowest home-price appreciation *

Fon du Lac, Wisconsin: 0.3 percent

Mark Brady is the president of the Portage County Association of Realtors

Friday

Portage County Association of Realtors

The calendar may have turned to 2018, but with one month of 2017 data remaining, here’s a look at some of the top housing highlights from last year:

Strongest existing-home sales pace

November: 5.81 million

Slowest existing-home sales pace

August: 5:35 million

Most likely to be happy

Home sellers: sales prices consistently rose around 5 percent (year-over-year) each month

Most likely to be frustrated

Prospective first-time buyers: 32 percent sales share (unchanged from 2016 and down from historical average of around 40 percent)

Fastest month to sell a home

May: 27 days

Most expensive housing market *

San Jose-Sunnyvale- Santa Clara, California: $1,165,000

Least expensive housing market *

Decatur, Illinois, $86,300

Quickest home-price appreciation *

San Jose-Sunnyvale- Santa Clara, California: 16.5 percent

Slowest home-price appreciation *

Fon du Lac, Wisconsin: 0.3 percent

Mark Brady is the president of the Portage County Association of Realtors