Sales were up sharply in May
Single-Family:
Sales jumped 38% in May as compared to last May. The average sales price was flat while the median sales price increased by 2%. Pending sales also took a large jump up 34% so we can anticipate June sales numbers will be good. The number of new listings rose 1% and the active listings climbed 5%. The months of inventory now stands at 1.7 months. Not a great supply!
Sales: 178
Average Sales Price: $360,589
Median Sales Price: $311,000
Pending Sales: 173
New Listings: 188
Active Listings: 218
Months of Inventory: 1.7
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