The May 2011 Market Report is now available
YTD (May 2010 vs May 2011) Single Family Highlights:
- Decrease in the Number of Closed Sales to 11,792 (down 11.2%)
- Average Days on Market increased to 114 days
- Number of Active Listings decreased 14.5% to 13,958
- Average Sold Price increased (up 0.9% from $271,591 to $274,168)
- Units Placed Under Contract decreased 16.6% to 16,090
YTD (May 2010 vs May 2011) Condo/Townhome Highlights:
- Decrease in the Number of Closed Sales to 2,963 (down 19.2%)
- Average Days on Market increased to 122 days
- Number of Active Listings decreased 22.9% to 3,930
- Average Sold Price decreased (down 1.5% from $159,870 to $157,494)
- Units Placed Under Contract decreased 26.3% to 3,847
