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Top vacation home counties are those where the vacant housing for seasonal, recreational, or occasional use made up 20% or more of the county’s total housing stock.
Vacation homes can cost less than $100,000 in these counties in Maine, New York, Pennsylvania, Missouri, and Michigan.
States with the strongest gains were Utah (3.0%), Nevada (3.0%), Washington (2.5%), Arizona (2.5%), Florida (2.5%), Oregon (2.3%), Texas (2.3%), Idaho (2.2%), New Hampshire (2.2%), South Dakota (2.2%), and Colorado (2.1%).
In August 2019, pending home sales were up 2.5% year-over-year.
Forty-eight percent of renters compared to 73% of owners think now is a good time to buy.
August 2019 brought 5.49 million in sales, a median sales price of $278,200, and 4.1 months of inventory. The median sales price is up 2.6% year over year, and inventory is down 0.2 months from August 2018.