Tuesday, September 26, 2017

Lake Highlands Residential Sales Report for August

Lake Highlands Residential Sales Report for August

Sales for August as compared to the same time last year were up 3%. The average sales price was also up 3% while the median sales price was flat. Pending sales rose a nice 16% so we can anticipate the the September sales numbers will be positive. New listings increased 1%. The number of new listings jumped 12%. The months of inventory now stands at 2.5 months. It's Still a Seller's Market!

Sales: 77
Average Sales Price: $385,615
Median Sales Price: $360,000
Pending Sales: 71
New Listings: 87
Active Listings: 155
Months of Inventory: 2.5

Information provided by The Real Estate Center

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