No change! It’s still a Seller’s Market

Single-Family:

Sales were off by 3% as compared to this time last year whoever, pending sales increased an enormous 86%! The average sales price rose 12% while the median sales price increased by 5%. As has become the norm, sales were concentrated in the upper price ranges.

There was a 37% increase in the number of new listings but this only caused the active listings to rise by 2%. The months of inventory remained flat at 1.4 months.

Sales: 38

Average Sales Price: $329,282

Median Sales Price: $307,500

Pending Sales: 78

New Listings: 89

Active Listings: 93

Months of Inventory: 1.4