June 2012 Market Report is Now Available

June 2012 Market Report is Now Available

YTD (January 1 – June 2011 vs January 1 – June 2012) Single Family Highlights:
Increase in the Number of Closed Sales to 17,628 (up 16.8%)
Average Days on Market decreased to 89 days (from 111 days)
Number of Active Listings decreased 36.2% to 9,074
Average Sold Price increased 7.2% (from $278,113 to $298,075)
Units Placed Under Contract increased 21.8% to 24,265
Total Sales Volume increased 25.2% from $4.2 billion to $5.3 billion

YTD (January 1 – June 2011 vs January 1 – June 2012) Condo/Town Home Highlights:
Increase in the Number of Closed Sales to 4,232 (up 12.9%)
Average Days on Market decreased to 89 days (from 123 days)
Number of Active Listings decreased 51.4% to 1,851
Average Sold Price increased (up 8.3% from $157,697 to $170,799)
Units Placed Under Contract increased 18.2% to 5,651
Total Sales Volume increased 22.3% from $591 million to $723 million


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