July 2011 Market Report is Now Available

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

Add a comment...

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s