Single-Family:
Sales were up by 8%. We continue to see sales decreases in the price ranges below $149,999 while sales between $150,000 to 189,000 were up in the single digits. Sales from $190,000 and up were all in double digits with sales from $300,000 to $599,999 up over 20%.
The average sales price increased by 8% while the median sales price rose 9%.
Pending Sales jumped by 33% so we can anticipate Good December numbers.
New listings up ticked by 15% but this only increased the number of active listings by 1%. The months of inventory now stands at 2.3 months. Still very short of the 6 months that is considered a balanced supply/ demand number.
Sales : 6,504
Average Sales Price: $256,322
Median Sales Price: $204,000
Pending Sales: 7,316
New Listings: 18,645
Months of Inventory: 2.3
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