July Housing Market By The Numbers

July Housing Market By The Numbers

We saw climbing inventory and solid sales in July despite it being a seasonally lower volume month due to all the family vacations.

Home Inventory:  Increase from 8,187 in June to 10,025 in July.

Homes Sold:   Increase from 5,566 in June to 6,104 in July

Avg. Days on Market:  37 days in July, down 6 days from June.

Compared to last year at this time home prices have increased by about 10%.

*The figures are single family homes and condos combined.  The information is derived from the MLS.  Credit must also be given to Gary Bauer, who does an excellent job distilling MLS data each month.


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