The July 2011 Market Report is now available
YTD (July 2010 vs July 2011) Single Family Highlights:
- Decrease in the Number of Closed Sales to 18,169 (down 5.1%)
- Average Days on Market increased to 109 days
- Number of Active Listings decreased 22.1% to 14,014
- Average Sold Price increased (up 0.6% from $279,800 to $281,597)
- Units Placed Under Contract decreased 8.6% to 23,304
- Total Sales Volume decreased 4.5% from $5.4 billion to $5.1 billion
YTD (July 2010 vs July 2011) Condo/Town Home Highlights:
- Decrease in the Number of Closed Sales to 4,501 (down 11.9%)
- Average Days on Market increased to 121 days
- Number of Active Listings decreased 34.7% to 3,569
- Average Sold Price decreased (down 2.6% from $161,055 to $156,921)
- Units Placed Under Contract decreased 15.7% to 5,644
- Total Sales Volume decreased 14.2% from $823 million to $706 million
