August 2011 Market Report is Now Available

The August 2011 Market Report is now available

YTD (August 2010 vs August 2011) Single Family Highlights:

Decrease in the Number of Closed Sales to 21,346 (down 1.2%)
Average Days on Market increased to 107 days
Number of Active Listings decreased 24.7% to 13,436
Average Sold Price increased (up 0.1% from $281,599 to $281,964)
Units Placed Under Contract decreased 6.4% to 26,856
Total Sales Volume decreased 1.1% from $6.085 billion to $6.018 billion

YTD (August 2010 vs August 2011) Condo/Town Home Highlights:

Decrease in the Number of Closed Sales to 5,297 (down 7.3%)
Average Days on Market increased to 119 days
Number of Active Listings decreased 39.8% to 3,195
Average Sold Price decreased (down 1.4% from $160,878 to $158,593)
Units Placed Under Contract decreased 11.3% to 6,629
Total Sales Volume decreased 8.6% from $919 million to $840 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